Collection and Billing. The ISO shall facilitate and/or perform the billing and collection of revenues related to services provided by the ISO pursuant to the terms of the ISO OATT and the ISO Services Tariff.
Collection and Billing. The ISO shall facilitate and/or perform the billing and collection of revenues related to services provided by the ISO pursuant to the terms of the ISO OATT and the ISO Services Tariff. Formatted: Normal, Space Before: 0 pt, After: 12 pt, No bullets or numbering, Keep with next, Tab stops: 0", Left Formatted: Font: Bold
Collection and Billing. Formatted: Bullets and Numbering The ISO shall facilitate and/or perform the billing and collection of revenues related to services provided by the ISO pursuant to the terms of the ISO OATT and the ISO Services Tariff.
Collection and Billing. The ISO shall facilitate and/or perform the billing and collection of revenues related to services provided by the ISO pursuant to the terms of the ISO OATT and the ISO Services Tariff. 3.06 NYPA Annual Transmission Revenue Requirement. This Agreement is premised on NYPA recovering its full annual transmission revenue requirement. This is to be achieved through a mechanism known as the NTAC. NYPA will submit its annual revenue requirement for FERC approval. NYPA will be entitled to receive from the ISO the difference between its FERC-approved revenue requirement and the sum of revenues it collects from contracts and from TSCs associated with its current transmission system. The ISO will credit any TCC revenues associated with NYPA's facilities and allocate the remainder on a kWh basis to all transmission Load the ISO serves. NYPA's recovery pursuant to NTAC is limited as described in Attachment H to the ISO OATT. This Agreement is further premised on each Investor-Owned Transmission Owner being authorized to fully recover the NTAC charged to its transmission and retail customers and that any necessary regulatory approvals for such full recovery will be granted by the PSC and FERC. 3.07
Collection and Billing. PTE shall be responsible for billing and collection of (i) fees for the Services and (ii) amounts for reimbursement of the reasonable expenses incurred in connection with the rendition of the Services. Attached as Exhibit A is a schedule of fees to be paid Vancx xxx the Services and fees to be collected by PTE. This fee schedule shall govern until and unless the parties subsequently agree otherwise; provided, however, that Vancx xxxll have the right to reasonably adjust its rates on an annual basis. PTE is authorized to charge the customers of the Services the amount set forth on the schedule of fees and to retain the difference between the amounts charged and the amounts due Vancx. Xxce a month, Vancx xxxll bill XXX for the fees and expenses for the Services incurred for the previous month identifying specifically the charges by customer and service. PTE shall pay the amounts so billed by Vancx xxxhin ten days of receipt by PTE of good funds from the customer. It is anticipated that most Services shall be paid by charge or credit card. The parties agree to bear all credit risks, including the risk of charge backs, in proportion to their respective interest in the payments.
