This is a charge for each day in the billing period. It is calculated by multiplying your total rate (for the Daily Fixed Charge) with the number of days in your billing period. This charge includes meter rental costs, Genesis overheads (such as meter reading), a margin and a fixed amount from your lines company.

The Capacity Charge is a fee paid to the lines company so that electricity is available when you need it. Your lines company estimates the maximum amount of power that can flow through your meter (kVa or kilo volt ampere), and this is your “assessed capacity.” The Capacity Charge is calculated by multiplying your “assessed capacity” with your total rate (for the Capacity Charge) and the number of days in your billing period. This is called the Demand Charge in the Alpine Network.

For example: Assessed capacity (kVA) x number of days the bill covers x capacity charge (price).

The Congestion Charge covers the cost of electricity supply when the network is under heavy demand. Your lines company calculates and sets a factor called the ‘congestion period demand’ (kW). The Congestion Charge is calculated by multiplying the ‘congestion period demand’ by the days in the billing period and the total rate (for the Congestion Charge). This is called the Demand Charge in the Horizon Network.

For example: Congestion period demand (kW) x number of days the bill covers x congestion charge (price).

The Distance Charge is a fee paid to your local lines company to recover the costs associated with high voltage lines and cables and sub-transmission lines and cables. Costs are recovered by a kVA-km price. The total kVA-km for each connection is the product of the “assessed capacity” in kVA and the circuit distance from the distribution substation supplying the connection. The Distance Charge is calculated by multiplying the kVA-km by the days in the billing period and the total rate (for the Distance Charge).

For example: Distance capacity(kVa-km) x number of days the bill covers x distance charge (price).

The charges cover supply during peak periods and not every ICP has the same quantity applied to it. The quantity is assessed and decided by each individual network based on a customer’s usage. It is then used as a multiplier on the total rate for a charge, for a billing period. In addition, Genesis charges a margin on fixtures prices to cover cost to serve, discounts and metering costs.