What is a price plan?

Each site is assigned a single price plan that determines the standing charges applied. These charges are calculated based on the number of days within the billing period.

Key Points:

• The standing charge is prorated according to the billing period length.

• If the price plan changes during a billing period:

  • Separate transaction records are generated for each price plan.

  • Charges are split proportionally between the different plans.

  • Two usage records will be created to reflect the differing rates during the billing period.

This approach ensures accurate billing when price plans change mid-cycle.