Common use of NET ENERGY BILLING Clause in Contracts

NET ENERGY BILLING. The following methodology will be utilized by the Company in determining Customers’ payment obligations for (i) transmission and distribution service provided by the Company and (ii) electric generation service provided by either the Standard Offer Provider or a Customers’ Competitive Electricity Provider. If any individual customer’s Competitive Electricity Provider provides the individual customer with a separate xxxx for generation service, the Company shall timely provide the necessary data and information to the Competitive Electricity Provider to compute net energy billing charges but the Company shall not in any way be responsible for computing the charges or performing any netting for this separate generation service xxxx. The initial application of Credits for customers under this Agreement may require two Billing Periods to implement. In order to facilitate billing under this Agreement, the utility reserves the right to place all customers listed in Exhibit 1 or Exhibit 2 in the same billing cycle.

NET ENERGY BILLING. ‌ The following methodology will be utilized by the Company in determining Customers’ payment obligations for (i) transmission and distribution service provided by the Company and (ii) electric generation service provided by either the Standard Offer Provider or a Customers’ Competitive Electricity Provider. If any individual customer’s Competitive Electricity Provider provides the individual customer with a separate xxxx for generation service, the Company shall timely provide the necessary data and information to the Competitive Electricity Provider to compute net energy billing charges but the Company shall not in any way be responsible for computing the charges or performing any netting for this separate generation service xxxx. The initial application of Credits for customers under this Agreement may require two Billing Periods to implement. In order to facilitate billing under this Agreement, the utility reserves the right to place all customers listed in Exhibit 1 or Exhibit 2 in the same billing cycle.