Common use of Variable Rate Plan Clause in Contracts

Variable Rate Plan. If Customer has chosen a variable rate product, Customer Price per kWh will be established and vary each month, based upon factors, including but not limited to, the costs incurred by NAP to provide the Service, through procurement in RTO-administered and/or other short-term markets, as well as the costs for supply and associated products that NAP requires to meet your electric generation supply requirements (including, without limitation, energy, imbalance energy, losses, capacity, transmission, ancillary services, alternative and renewable energy requirements, other RTO charges, taxes and any other required products or services). If Customer’s Utility pro-rates between months, if a billing cycle spans across more than one month, Customer’s Utility will apply the Variable Rates pro-rated based on the Utilities billing methodology. The Variable Rate will be set in NAP's discretion and may vary from month-to-month based on NAP's assessment of applicable market conditions, and publicly available data and indices, historic and projected supply and hedging costs, prior months pricing and balancing costs, projected average customer bill amounts and Utility pricing. Customer Variable Price may be higher or lower than the price offered in the initial or any following months while NAP is providing Supply Service. Savings are not guaranteed. Customer may contact NAP at its contact information to obtain previous months rates. At any time, Customer may ask NAP to convert Customer rate plan from Variable to Fixed at NAP’s then current Fixed Rate, if available. • Variable Rate with Introductory Period. If Customer has chosen a Variable Rate Plan with an Introductory Period, Customer introductory electric generation supply rate is set forth in Customer’s Enrollment Form or Welcome Letter (the “Introductory Rate”). At the end of the Introductory Period, Customer’s rate will be a Variable Rate as described above. provide Customer’s payment history for up to twenty-four months of electric supply service to Customer without charge

Variable Rate Plan. If Customer has chosen a variable rate product, Customer Price per kWh will be established and vary each month, based upon factors, including but not limited to, the costs incurred by NAP to provide the Service, through procurement in RTO-administered and/or other short-term markets, as well as the costs for supply and associated products that NAP requires to meet your electric generation supply requirements (including, without limitation, energy, imbalance energy, losses, capacity, transmission, ancillary services, alternative and renewable energy requirements, other RTO charges, taxes and any other required products or services). If Customer’s Utility pro-rates between months, if a billing cycle spans across more than one month, Customer’s Utility will apply the Variable Rates pro-rated based on the Utilities billing methodology. The Variable Rate will be set in NAP's discretion and may vary from month-to-month based on NAP's assessment of applicable market conditions, and publicly available data and indices, historic and projected supply and hedging costs, prior months pricing and balancing costs, projected average customer bill amounts and Utility pricing. Customer Variable Price may be higher or lower than the price offered in the initial or any following months while NAP is providing Supply Service. Savings are not guaranteed. Customer may contact NAP at its contact information to obtain previous months rates. At any time, Customer may ask NAP to convert Customer rate plan from Variable to Fixed at NAP’s then current Fixed Rate, if available. • Variable Rate with Introductory Period. If Customer has chosen a Variable Rate Plan with an Introductory Period, Customer introductory electric generation supply rate is set forth in Customer’s Enrollment Form or Welcome Letter (the “Introductory Rate”). At the end of the Introductory Period, Customer’s rate will be a Variable Rate as described above. provide • Variable Rate with Guaranteed Savings. If Customer enrolled in a residential Guaranteed Savings product as indicated on the Welcome Letter, Customer’s payment history price for electric generation service for the first month is indicated on the Welcome Letter. During the Guaranteed Savings Period, savings guarantee is based on NAP’s calculation of Customer’s Local Utility Residential Service (“RS”) price for customers using up to twenty1000kWh per month, minus Local Utility’s Supplier Cost Reconciliation Rider (“SCRR”) and Alternative Energy Recovery Rider (“AER-four months R”). Any discount offered is based on this calculation. Customer must remain with NAP from the date of successful enrollment and acceptance by the Local Utility through to the end of the Guaranteed Period in order to qualify and obtain the savings benefit. If Customer leaves NAP electric supply service to Customer without chargeservices before the end of the Guaranteed Period, the savings benefits are not guaranteed. After the expiration of the Guaranteed Savings Period, unless otherwise renewed, the contract will continue on a Monthly Variable Rate as described in the Variable Plan above in this section outlining variable pricing options.