Common use of Basic Service Prices Clause in Contracts

Basic Service Prices. During the term of this Agreement, you agree to pay FES the price for combined electric transmission, generation and generation related charges specified in the enrollment notification. If you are a net metering customer but have not contacted FES to sign a net metering agreement, you will not receive any credit per kilowatt-hour for any net negative usage generated in any given month. In addition to FES’ charges, you will be charged by your EU for distribution and various other charges. In addition to the charges described above, if any regional transmission organization or similar entity, EU, governmental entity or agency, NERC and other industry reliability organization, or court requires a change to the terms of the Agreement, or imposes upon Supplier new or additional charges or requirements, or a change in the method or procedure for determining charges or requirements, relating to your Retail Electric Supply under this Agreement (any of the foregoing, a “Pass-Through Event”),which are not otherwise reimbursed to FES, Customer agrees that Supplier may pass through the additional cost to Supplier of such Pass- Through Event, which may be variable, to Customer. Changes may include, without limitation, transmission or capacity requirements, new or modified charges or shopping credits, and other changes to retail electric customer access programs.

Appears in 2 contracts

Sources: Residential and Small Commercial Terms and Conditions, Residential and Small Commercial Terms and Conditions

Basic Service Prices. During the term of this Agreement, you agree to pay FES the a fixed price for combined electric transmission, generation and generation related charges as specified in the enrollment notification. If you are a net metering customer but have not contacted FES to sign a net metering agreement, you agreement your net negative usage in any given month will not receive any credit be credited at 0.00 cents per kilowatt-hour for any net negative usage generated in any given monthhour. In addition to FES’ charges, you will be charged by your EU for distribution and various other charges. In addition to the charges described above, if any regional transmission organization or similar entity, EU, governmental entity or agency, NERC and other industry reliability organization, or court requires a change to the terms of the Agreement, or imposes upon Supplier new or additional charges or requirements, or a change in the method or procedure for determining charges or requirements, relating to your Retail Electric Supply under this Agreement (any of the foregoing, a “Pass-Pass- Through Event”),which are not otherwise reimbursed to FES, Customer agrees that Supplier Supplier, upon written notice, may pass through the additional cost to Supplier of such Pass- Pass-Through Event, which may be variable, to Customer. Changes may include, without limitation, transmission or capacity requirements, new or modified charges or shopping credits, and other changes to retail electric customer access programs.

Appears in 1 contract

Sources: Terms and Conditions for Electric Generation Service