Meaning Block rate
What does Block rate mean? Here you find 3 meanings of the word Block rate. You can also add a definition of Block rate yourself

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Block rate


a commodity rate structure where blocks of consumption are sold at different rates to recognize differences in cost of service, etc. Most commonly the block rates decline as consumption increases.
Source: dps.ny.gov

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Block rate


A pricing structure where consumers pay a specific cost for a set amount of kWh, with the price per kWh changing as set quantities are exceeded.
Source: basinelectric.com

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Block rate


Sell the product in different prices based on its place
Dawn - 14 December 2020

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