Thermal Energy Service Loop Agreement Sample Contracts
ROOSEVELT COUNTY ELECTRIC COOPERATIVE, INC.Thermal Energy Service Loop Agreement • May 20th, 2013
This Thermal Energy Service Loop Agreement allows Member to install a geothermal heat pump system at a lower initial cost. Once the ground Loop is installed, Member agrees to pay to RCEC a monthly fee (“Loop Tariff”), which is based on loop/equipment size (see attached). The Loop Tariff is subject to change at any time at the discretion of the RCEC Board of Trustees in accordance with RCEC’s rate change process, procedures and bylaws. Thermal Energy Service Loop fees will be included on the member’s monthly RCEC billing and will be paid prior to any other charges from RCEC for delivery of electric service. Failure to pay the RCEC bill in full will be considered a default in payment of the monthly service bill and RCEC may take such actions for enforcement as are permitted by its rules, including disconnection of the loop and/or termination of electric service.