BGS definition
Examples of BGS in a sentence
Upon a change in the BGS Tariff Price that results in the actual average annual BGS-RSCP Tariff Price dropping below the contract price, Supplier shall suspend enrollment of new LCEA Participants until such time, if any, when the average annual BGS-RSCP Tariff Price increases above the contract price.
After the initial enrollment of a residential account for Electric Generation Service, a Participating Residential Account shall have the right to submit an opt-out request to Supplier, in which case Electric Generation Service shall be terminated for that residential account and Supplier shall return the account to EDC BGS service, effective on the first meter read date occurring 30 days or later after such request is received.
In the case of iii (C) above, a verified change in price, up to the amount of price increase in the EDC’s BGS tariff attributable to the same Adverse Government Action, shall be permitted.