Common use of Summary Billing Clause in Contracts

Summary Billing. Supplier acknowledges that Company offers a Summary Billing option, which allows qualified Customers with multiple electric service accounts to consolidate multiple individual ▇▇▇▇▇▇▇▇ on a single ▇▇▇▇ format. If such a Customer on Consolidated Billing Service pays the Company less than the full amount billed, the Company shall apply the payment first to Distribution Service owed for all accounts, and if any payment remains, the Company shall apply it to Generation Service based on a predetermined cash posting sequence.

Appears in 2 contracts

Sources: Competitive Energy Supplier Service Agreement, Competitive Electric Supplier Trading Partner Agreement