Common use of Peak Management Programs Clause in Contracts

Peak Management Programs. Effective August 1, 2002, Supplier will be eligible to provide Competitive Electric Supply Service to customers served under the Company’s retail tariff “Peak Management Rider” (or “PM Rider”) without the customer terminating its PM Rider contract with the Company. Under such treatment, the customer would obtain its electric requirements from a Supplier while continuing to receive the PM Rider payments from the Company and the Company would retain the benefits that PJM ascribes to active load management (or “ALM”). Supplier agrees and warrants to the Company that Supplier will have a contract in place (and will so certify to the Company) that provides the customer with specific notice that if PJM reduces or eliminates the benefits of ALM to the Company due to the customer's enrollment with the Supplier, then the PM Rider contract will be subject to termination at the Company's sole discretion on 30 days notice. Supplier is on notice that the Company has other rights as set forth in its retail tariff to terminate a PM Rider service to a customer for reasons set forth in such retail tariff and that nothing herein shall be deemed to affect provisions (other than those that previously precluded PM customers from receiving Competitive Electric Supply Service from Suppliers) that may be in a contract between the Company and a customer who is receiving PM Rider credits.