Common use of Power Supply Clause in Contracts

Power Supply. After the DPU approves the Aggregation Plan, the next step is to procure an energy supply contract. The Town will solicit bids from leading competitive suppliers, including those currently supplying aggregations in Massachusetts and other states. The RFP will require that the supplier satisfy key threshold criteria, including: W Licensed by the DPU W Strong financial background W Experience serving the Massachusetts competitive market or municipal aggregations in other states W Demonstrated ability, supported by references, to provide strong customer service In addition, suppliers will be required to agree to the substantive terms and conditions of a Competitive Electric Service Agreement, substantially in the form of the Town’s model Competitive Electric Service Agreement. The agreement requires the supplier to: W Provide allWrequirements service W Allow customers to exit the program at any time with no fee W Agree to specified customer service standards W Comply with all requirements of the DPU and the local distribution company The Town will solicit price bids from suppliers that meet the threshold criteria and agree to the terms and conditions prescribed in the Competitive Electric Service Agreement. The Town will request bids for a variety of terms and for power from different sources. If none of the bids are satisfactory, the Town will reject all bids and repeat the solicitation as often as needed until market conditions yield a price that is acceptable to the Town. The Town will only accept a bid that enables it to launch the aggregation with a price that is equal to or less than the Basic Service price.

Power Supply. After the DPU approves the Aggregation Plan, the next step is to procure an energy supply contract. The Town will solicit bids from leading competitive suppliers, including those currently supplying aggregations in Massachusetts and other states. The RFP will require that the supplier satisfy key threshold criteria, including: W - Licensed by the DPU W - Strong financial background W - Experience serving the Massachusetts competitive market or municipal aggregations in other states W - Demonstrated ability, supported by references, to provide strong customer service In addition, suppliers will be required to agree to the substantive terms and conditions of a Competitive Electric Service Agreement, substantially in the form of the Town’s model Competitive Electric Service Agreement. The agreement requires the supplier to: W - Provide allWrequirements all-requirements service W - Allow customers to exit the program at any time with no fee W - Agree to specified customer service standards W - Comply with all requirements of the DPU and the local distribution company The Town will solicit price bids from suppliers that meet the threshold criteria and agree to the terms and conditions prescribed in the Competitive Electric Service Agreement. The Town will request bids for a variety of terms and for power from different sources. If none of the bids are satisfactory, the Town will reject all bids and repeat the solicitation as often as needed until market conditions yield a price that is acceptable to the Town. The Town will only accept a bid that enables it to launch the aggregation with a price that is equal to or less than the Basic Service price.

Power Supply. After the DPU approves the Aggregation Plan, the next step is to procure an energy supply contract. The Town will solicit bids from leading competitive suppliers, including those currently supplying aggregations in Massachusetts and other states. The RFP will require that the supplier satisfy key threshold criteria, including: W • Licensed by the DPU W • Strong financial background W • Experience serving the Massachusetts competitive market or municipal aggregations in other states W • Demonstrated ability, supported by references, to provide strong customer service In addition, suppliers will be required to agree to the substantive terms and conditions of a Competitive Electric Service Agreement, substantially in the form of the Town’s model Competitive Electric Service Agreement. The agreement requires the supplier to: W • Provide allWrequirements all-requirements service W • Allow customers to exit the program at any time with no fee W • Agree to specified customer service standards W • Comply with all requirements of the DPU and the local distribution company The Town will solicit price bids from suppliers that meet the threshold criteria and agree to the terms and conditions prescribed in the Competitive Electric Service Agreement. The Town will request bids for a variety of terms and for power from different sources. If none of the bids are satisfactory, the Town will reject all bids and repeat the solicitation as often as needed until market conditions yield a price that is acceptable to the Town. The Town will only accept a bid that enables it to launch the aggregation with a price that is equal to or less than the Basic Service price.

Power Supply. After the DPU approves the Aggregation Plan, the next step is to procure an energy supply contract. The Town will solicit bids from leading competitive suppliers, including those currently supplying aggregations in Massachusetts and other states. The RFP will require that the supplier satisfy key threshold criteria, including: W \ Licensed by the DPU W \ Strong financial background W \ Experience serving the Massachusetts competitive market or municipal aggregations in other states W \ Demonstrated ability, supported by references, to provide strong customer service In addition, suppliers will be required to agree to the substantive terms and conditions of a Competitive Electric Service Agreement, substantially in the form of the Town’s model Competitive Electric Service Agreement. The agreement requires the supplier to: W \ Provide allWrequirements all\requirements service W \ Allow customers to exit the program at any time with no fee W \ Agree to specified customer service standards W \ Comply with all requirements of the DPU and the local distribution company The Town will solicit price bids from suppliers that meet the threshold criteria and agree to the terms and conditions prescribed in the Competitive Electric Service Agreement. The Town will request bids for a variety of terms and for power from different sources. If none of the bids are satisfactory, the Town will reject all bids and repeat the solicitation as often as needed until market conditions yield a price that is acceptable to the Town. The Town will only accept a bid that enables it to launch the aggregation with a price that is equal to or less than the Basic Service price.

Power Supply. After the DPU approves the Aggregation Plan, the next step is to procure an energy supply contract. The Town will solicit bids from leading competitive suppliers, including those currently supplying aggregations in Massachusetts and other states. The RFP will require that the supplier satisfy key threshold criteria, including: W − Licensed by the DPU W − Strong financial background W − Experience serving the Massachusetts competitive market or municipal aggregations in other states W − Demonstrated ability, supported by references, to provide strong customer service In addition, suppliers will be required to agree to the substantive terms and conditions of a Competitive Electric Service Agreement, substantially in the form of the Town’s model Competitive Electric Service Agreement. The agreement requires the supplier to: W − Provide allWrequirements all−requirements service W − Allow customers to exit the program at any time with no fee W − Agree to specified customer service standards W − Comply with all requirements of the DPU and the local distribution company The Town will solicit price bids from suppliers that meet the threshold criteria and agree to the terms and conditions prescribed in the Competitive Electric Service Agreement. The Town will request bids for a variety of terms and for power from different sources. If none of the bids are satisfactory, the Town will reject all bids and repeat the solicitation as often as needed until market conditions yield a price that is acceptable to the Town. The Town will only accept a bid that enables it to launch the aggregation with a price that is equal to or less than the Basic Service price.

Power Supply. After the DPU approves the Aggregation Plan, the next step is to procure an energy supply contract. The Town will solicit bids from leading competitive suppliers, including those currently supplying aggregations in Massachusetts and other states. The RFP will require that the supplier satisfy key threshold criteria, including: W • Licensed by the DPU W • Strong financial background W • Experience serving the Massachusetts competitive market or municipal aggregations in other states W • Demonstrated ability, supported by references, to provide strong customer service In addition, suppliers will be required to agree to the substantive terms and conditions of a Competitive Electric Service Agreement, substantially in the form of the Town’s model Competitive Electric Service Agreement. The agreement requires the supplier to: W • Provide allWrequirements all-requirements service W • Allow customers to exit the program at any time with no fee W • Agree to specified customer service standards W • Comply with all requirements of the DPU and the local distribution company The Town will solicit price bids from suppliers that meet the threshold criteria and agree to the terms and conditions prescribed in the Competitive Electric Service Agreement. The Town will request bids for a variety of terms and for power from different sources. If none of the bids are satisfactory, the Town will reject all bids and repeat the solicitation as often as needed until market conditions yield a price that is acceptable to the Town. The Town will only accept a bid that enables it to launch the aggregation with a price that is equal to or less than the Basic Service price.