Common use of Monthly Rate Clause in Contracts

Monthly Rate. Subscriber’s total monthly FPL Account xxxx will include a “Monthly Subscription Charge” and a “Monthly Subscription Credit,” calculated as follows: Monthly Subscription Charge = Subscription Quantity x $6.76/kW Monthly Subscription Credit = $0.0308/kWh (escalating annually at 1.45%) × Subscription Quantity × Program Output (kWh) Program Capacity (kW)

Appears in 2 contracts

Samples: Registration Agreement, Registration Agreement

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Monthly Rate. Subscriber’s total monthly FPL Account xxxx bill will include a “Monthly Subscription Charge” and a “Monthly Subscription Credit,” calculated as follows: Monthly Subscription Charge = Subscription Quantity x $6.76/kW Monthly Subscription Credit = $0.0308/kWh (escalating annually at 1.45%) × Subscription Quantity × Program Output (kWh) Program Capacity (kW)

Appears in 1 contract

Samples: Registration Agreement

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