Annual Rate Adjustment. The Maintenance and Fuel and Energy fees established in this Exhibit 1 may be adjusted by OUC annually to reflect changes in electric rates, subject to review and approval by the Florida Public Service Commission. In any one year, the rates for maintenance shall not change by more than three percent (3%) over the prior year’s rate. The capital investment portion of the Monthly Lighting Service Charge shall remain fixed for the term of this Agreement (20 years) and there shall be no new and/or additional charges for capital investment of Lighting Equipment during renewal terms unless Customer requests the installation of new Lighting Equipment.
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Samples: Service Agreement, Service Agreement, Recording Purposes Only
