Common use of Variable Price Products Clause in Contracts

Variable Price Products. The price of a variable product can change, without notice to you, after your first billing cycle at the sole discretion of Xxxx Energy. Variable price products have a contract term of thirty-one (31) days or less and a price that varies according to the method disclosed on your EFL. Associations Members (If Applicable) Xxxx Energy may be paying a management fee to your Association to help administer this benefit on behalf of membership. All questions regarding this management fee should be addressed to your Association. Length of Service Your service under this Agreement will begin on your next meter reading date according to applicable rules. In the event that your TDSP is unable to perform the switch as scheduled, you will continue to receive electricity service from your current provider and will not receive a bill from Xxxx Energy until the actual switch occurs. This date will appear on your first bill. Your initial length of service is indicated on your Enrollment or Renewal Form. Renewal Subject to Governing Law (see www.puc.state. xx.xx), Three contract expiration notices will be sent to you before the end of your initial contract term. One or more of these notices may contain available renewal offers. The final notice will include the terms and EFL for the default renewal product. An Early Termination Fee (if applicable) applies if more than 14 days remain in the term. You will automatically revert to the default renewal product on a month-to-month basis if you do not renew your agreement, select another Xxxx Energy product, or switch to another REP by the specified date Option to Blend-and-Extend The Customer may request Xxxx Energy to structure a new "blend-and-extend" contract that allows the Customer to benefit from the lower market rates in exchange for lengthening its term of contract with Xxxx Energy. Following such request, at Xxxx Energy’s option, Xxxx Energy will structure and offer such contract to Customer, who may then choose to accept such contract. In the event that the Customer chooses not to accept the offered contract, Customer will continue to be served under its existing contract with Xxxx Energy.

Appears in 3 contracts

Samples: Terms of Service, Terms of Service, Terms of Service

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Variable Price Products. The price of a variable product can change, without notice to you, after your first billing cycle at the sole discretion of Xxxx Energy. Variable price products have a contract term of thirty-one (31) days or less and a price that varies according to the method disclosed on your EFL. Associations Members (If Applicable) Xxxx Energy may be paying a management fee to your Association to help administer this benefit on behalf of membership. All questions regarding this management fee should be addressed to your Association. Length of Service Your service under this Agreement will begin on your next meter reading date according to applicable rules. In the event that your TDSP is unable to perform the switch as scheduled, you will continue to receive electricity service from your current provider and will not receive a bill xxxx from Xxxx Energy until the actual switch occurs. This date will appear on your first billxxxx. Your initial length of service is indicated on your Enrollment or Renewal Form. Renewal Subject to Governing Law (see www.puc.state. xx.xx)For term products, Three a contract expiration notices notice will be sent at least 14 days prior to you before the end of your the initial contract term. One If you fail to renew your contract with Xxxx Energy or more of these notices may contain available renewal offers. The final notice will include the terms and EFL for the default renewal product. An Early Termination Fee (if applicable) applies if more than 14 days remain in the term. You switch to another REP, your service will automatically revert to the default renewal product continue on a month-to-month basis if after the expiration of your initial contract on the Default Renewal Product, which is a variable price product whose price will be determined by current market conditions until cancelled by either you do not renew your agreement, select another or Xxxx Energy product, or switch to another REP by the specified date Energy. Option to Blend-and-Extend The Customer may request Xxxx Energy to structure a new "blend-and-extend" contract that allows the Customer to benefit from the lower market rates in exchange for lengthening its term of contract with Xxxx Energy. Following such request, at Xxxx Energy’s optionlowermarketratesinexchangeforlengtheningitstermofcontractwithTaraEnergy.Followingsuchrequest,atTaraEnergy’soption, Xxxx Energy will structure and offer such contract to Customer, who may then choose to accept such contract. In the event that the Customer chooses not to accept the offered contract, Customer will continue to be served under its existing contract with Xxxx Energy.

Appears in 1 contract

Samples: Terms of Service

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