Common use of Communication of Price Clause in Contracts

Communication of Price. The price for charging must be displayed on the charging unit prior to initiating a charging transaction and be based on the price for electricity to charge in $/kWh. The price for charging displayed and communicated via the charging network must be the real-time price (i.e., price at that moment in time). The price that is offered at the start of the session cannot be changed during the session. Price structure including any other fees in addition to the price for electricity to charge must be clearly displayed and explained. The EV Chargers must have a point-of-sale and supporting network that is compatible with other public networks in Maine and, to the greatest extent practicable, employs roaming agreements providing compatibility with systems most commonly used in adjacent jurisdictions; and For the first five years of the contract, the EV Chargers must charge a rate or fee to the customer for each charging event equal to the starting rate proposed in the Recipient’s bid, provided that the Recipient may increase the rate or fee during this five-year period by not more than the Consumer Price Index, as measured using the online CPI Inflation Calculator published by the US Bureau of Labor Statistics, for the period since the last time the rate or fee was increased.1

Appears in 2 contracts

Samples: Incentive Agreement, Incentive Agreement

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Communication of Price. The price for charging must be displayed on the charging unit prior to initiating a charging transaction and be based on the price for electricity to charge in $/kWh. The price for charging displayed and communicated via the charging network must be the real-time price (i.e., price at that moment in time). The price that is offered at the start of the session cannot be changed during the session. Price structure including any other fees in addition to the price for electricity to charge must be clearly displayed and explained. The EV Chargers chargers must have a point-of-sale and supporting network that is compatible with other public networks in Maine and, to the greatest extent practicable, employs roaming agreements providing compatibility with systems most commonly used in adjacent jurisdictions, including the Electric Circuit used in Quebec; and For the first five years of the contract, the EV Chargers chargers must charge a rate or fee to the customer for each charging event equal to the starting rate proposed in the Recipient’s bid, provided that the Recipient may increase the rate or fee during this five-year period by not more than the Consumer Price Index, as measured using the online CPI Inflation Calculator published by the US Bureau of Labor Statistics, for the period since the last time the rate or fee was increased.1

Appears in 1 contract

Samples: Maine Electric Vehicle Charging Incentive Agreement

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Communication of Price. The price for charging must be displayed on the charging unit prior to initiating a charging transaction and be based on the price for electricity to charge in $/kWh. The price for charging displayed and communicated via the charging network must be the real-time price (i.e., price at that moment in time). The price that is offered at the start of the session cannot be changed during the session. Price structure including any other fees in addition to the price for electricity to charge must be clearly displayed and explained. The EV Chargers chargers must have a point-of-sale and supporting network that is compatible with other public networks in Maine and, to the greatest extent practicable, employs roaming agreements providing compatibility with systems most commonly used in adjacent jurisdictions; and For the first five years of the contract, the EV Chargers chargers must charge a rate or fee to the customer for each charging event equal to the starting rate proposed in the Recipient’s bid, provided that the Recipient may increase the rate or fee during this five-year period by not more than the Consumer Price Index, as measured using the online CPI Inflation Calculator published by the US Bureau of Labor Statistics, for the period since the last time the rate or fee was increased.1

Appears in 1 contract

Samples: Incentive Agreement

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