Common use of APPLYING FINANCIAL BILLING CREDITS Clause in Contracts

APPLYING FINANCIAL BILLING CREDITS. The following methodology will be utilized by the Company in determining Customer's Xxxx Credits or payment obligations for (i) transmission and distribution service provided by the Company and (ii) electric generation service provided by either the Standard Offer Provider or the Customer’s Competitive Electricity Provider. If the Customer’s Competitive Electricity Provider provides the Customer with a separate xxxx for generation service, the Company shall not in any way be responsible for computing the charges or providing any financial credits for this separate generation service xxxx. The initial application of Xxxx Credits for customers under this Agreement may require two Billing Periods to implement. In order to facilitate billing under this Agreement, the utility reserves the right to place all customers listed in Exhibit 1 or Exhibit 2 in the same billing cycle.