Common use of Cost Recovery Fee Clause in Contracts

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase electricity in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $110 as set forth in your Contract Summary which is which is incorporated into this Agreement. The Cost Recovery Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. As explained in the Relocation section above, you will not be charged a Cost Recovery Fee if: (1) you move to an address within your local utility’s service territory and we are able to transfer service to your new location; or (2) you move outside of your local utility’s service territory.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase electricity in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $110 200 as set forth in your Contract Summary which is which is incorporated into this Agreement. The Cost Recovery Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. As explained in the Relocation section above, you will not be charged a Cost Recovery Fee if: (1) you move to an address within your local utility’s service territory and we are able to transfer service to your new location; or (2) you move outside of your local utility’s service territory.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase electricity in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $110 500 as set forth in your Contract Summary which is which is incorporated into this Agreement. The Cost Recovery Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. As explained in the Relocation section above, you will not be charged a Cost Recovery Fee if: (1) you move to an address within your local utility’s service territory and we are able to transfer service to your new location; or (2) you move outside of your local utility’s service territory.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase electricity in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $110 1,000 as set forth in your Contract Summary which is which is incorporated into this Agreement. The Cost Recovery Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. As explained in the Relocation section above, you will not be charged a Cost Recovery Fee if: (1) you move to an address within your local utility’s service territory and we are able to transfer service to your new location; or (2) you move outside of your local utility’s service territory.