Common use of AVERAGE BILLING PLAN Clause in Contracts

AVERAGE BILLING PLAN. The Average Billing Plan is designed to even out the highs and lows in a Customer’s electric invoice. For Customers that enroll, the invoice will be based on total billing cycle electricity charges for the most recent twelve (12) billing cycles divided by 12. This will be the amount Company bills Customer each billing cycle. If Customer does not have previous invoices in the Customer’s name at the service location, Company will take the previous usage that is available for the service location and apply the then-current price to calculate the average billing cycle charge. A final true-up will be made if the account is terminated or this Agreement expires, but such true-up will occur at least every twelve (12) billing cycles and be invoiced or credited on the next billing cycle. Any remaining account balance will be due in full upon such termination or expiration.

AVERAGE BILLING PLAN. The Average Billing Plan is designed to even out the highs and lows in a Customer’s electric invoice. For Customers that enroll, the invoice will be based on total billing cycle electricity charges for the most recent twelve (12) billing cycles divided by 12. This will be the amount Company bills Customer each billing cycle. If Customer does not have previous invoices in the Customer’s name at the service location, Company will take the previous usage that is available for the service location and apply the then-current price to calculate the average billing cycle charge. A final true-up will be made if the account is terminated or this Agreement expires, but such true-true- up will occur at least every twelve (12) billing cycles and be invoiced or credited on the next billing cyclecycles. Any remaining account balance will be due in full upon such termination or expiration.