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fixed charge
noun
- an expense that cannot be modified.
- a periodic obligation, as taxes, interest on bonds, etc.
- fixed charges, such charges as depreciation, rent, interest, etc., arising out of the maintenance of fixed assets.
fixed charge
noun
- an invariable expense usually at regular intervals, such as rent
- a legal charge on specific assets or property, as of a company
Word History and Origins
Origin of fixed charge1
Example Sentences
In May, the Newsom administration ignored complaints by hundreds of electric customers and pushed through a plan to add a new mandatory fixed charge of $24.15 to each monthly electric bill.
A bill that would have repealed a new fixed charge on Californians’ utility bills in 2028 did not survive after the majority of lawmakers on the Assembly Appropriations Committee refused to vote on it.
A California Assembly committee has advanced a bill that would require a legislative review of a controversial new monthly fixed charge on electric bills.
A state Assembly committee voted Wednesday to advance a bill that would require a legislative review of a controversial new monthly fixed charge on electric bills.
Regulators said the revenue from the fixed charge would be paired with a roughly 20 percent reduction in rates assessed by how many kilowatts of energy were used per hour by a home or business.
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