Common use of Outstanding Account Balance Clause in Contracts

Outstanding Account Balance. If, for any reason, you continue to receive electricity service when your account balance is equal to or less than $0.00, your account will continue to accrue all charges for the electricity service received. When your account balance is equal to or less than $0.00, First Choice Power may request that the TDU interrupt your electricity service. If the TDU performs interruption of your electricity service, then any costs incurred on your account while waiting for the TDU to perform an interruption may result in an increased outstanding account balance owed on your account. Unless stated in this Agreement, any account balance less than $0.00 must be paid in full before your electricity service will resume. Insufficient Funds & Returned Payments: We charge a $25.00 fee on all returned electronic payments or rejected credit card payments that were not processed because of: (1) insufficient funds; (2) a lack of available credit; (3) stopped payment; or (4) any other reason(s) for returns. Any electronic transfer returned by a bank for insufficient or unavailable funds will be treated as if we received no valid prepayment at all. We are not responsible for notifying you of returned electronic payments. If no valid prepayment is received and your balance is equal to or less than $0.00, First Choice Power may request that your TDU interrupt your electricity service.