Common use of Fixed Rate Products Clause in Contracts

Fixed Rate Products. Term and Pricing – Fixed rate products have a contract term of at least three months. The price of a fixed rate product may only change during a contract term to reflect actual changes in TDU charges; changes to the Electric Reliability Council of Texas (“ERCOT”) or Texas Regional Entity (“TRE”) administrative fees charged to loads; or changes resulting from federal, state or local laws that impose new or modified fees or costs on REPs, including TXU Energy, that are beyond our control. Price changes resulting from these limited circumstances do not require us to provide you with advance notice; however, each bill issued for your remaining contract term will notify you that a price change has been made. Changes to Contract Provisions – Non-price related changes to the provisions of fixed rate products can be made by providing you with advance notice, with the exception that we cannot change the length of your contract term. We will notify you at least 14 days before the change is applied to your bill or otherwise takes effect. If you do not cancel your Contract before the effective date of the change, the change will become effective on the date stated in your notice. Notice is not required for a change that benefits you.

Fixed Rate Products. Term and Pricing – Fixed rate products have a contract term of at least three months. The price of a fixed rate product may only change during a contract term to reflect actual changes in TDU charges; changes to the Electric Reliability Council of Texas (“"ERCOT”") or Texas Regional Entity (“"TRE”") administrative fees charged to loads; or changes resulting from federal, state or local laws that impose new or modified fees or costs on REPs, including TXU TriEagle Energy, that are beyond our control. Price changes resulting from these limited circumstances do not require us to provide you with advance notice; however, each bill issued for your remaining contract term will notify you that a price change has been made. Changes to Contract Provisions – Non-price related changes to the provisions of fixed rate products can be made by providing you with advance notice, with the exception that we cannot change the length of your contract term. We will notify you at least 14 days before the change is applied to your bill or otherwise takes effect. If you do not cancel your Contract before the effective date of the change, the change will become effective on the date stated in your notice. Notice is not required for a change that benefits you.

Fixed Rate Products. Term and Pricing – Fixed rate products have a contract term of at least three months. The price of a fixed rate product may only change during a contract term to reflect actual changes in TDU charges; changes to the Electric Reliability Council of Texas (“"ERCOT”") or Texas Regional Entity (“"TRE”") administrative fees charged to loads; or changes resulting from federal, state or local laws that impose new or modified fees or costs on REPs, including TXU EnergyEnergy Rewards, that are beyond our control. Price changes resulting from these limited circumstances do not require us to provide you with advance notice; however, each bill xxxx issued for your remaining contract term will notify you that a price change has been made. Changes to Contract Provisions – Non-price related changes to the provisions of fixed rate products can be made by providing you with advance notice, with the exception that we cannot change the length of your contract term. We will notify you at least 14 days before the change is applied to your bill xxxx or otherwise takes effect. If you do not cancel your Contract before the effective date of the change, the change will become effective on the date stated in your notice. Notice is not required for a change that benefits you.