Common use of PRICES FOR ELECTRICITY Clause in Contracts

PRICES FOR ELECTRICITY. 10.1 The customer’s municipal account shall be credited for energy generated by the embedded generator and exported to the network in the amount/s reflected in the City’s annual tariff relating to the import and export of electrical energy for embedded generation. 10.2 At the time that the customer ceases to be on the small scale embedded generation tariff, any remaining credit balance will be refunded to the customer on written request provided that the customer has no other outstanding municipal debt. 10.3 The aforesaid tariffs are amended annually on 1 July of each calendar year, as regards quantum and structure, and are applicable to all existing and new embedded generators. The City reserves the right to make amendments to the tariff as stated and does not warrant the financial viability of the customer’s embedded generation installation. 10.4 A schedule of the tariffs set by the City shall be furnished to the customer upon written request to the City. 10.5 The City shall not be obliged to grant credit to the customer for power not received onto the electrical grid due to unavailability of the grid or for any other reason.

PRICES FOR ELECTRICITY. 10.1 11.1 The customerconsumer’s municipal account shall be credited for energy generated by the embedded generator and exported to the network in the amount/s reflected in the CityMunicipality’s annual tariff relating to the import and export of electrical energy for embedded generation. 10.2 11.2 At the time that the customer consumer ceases to be on the small scale embedded generation tariff, any remaining credit balance will be refunded to the customer consumer on written request provided that the customer consumer has no other outstanding municipal debt. 10.3 11.3 The aforesaid tariffs are amended annually on 1 July of each calendar year, as regards quantum and structure, and are applicable to all existing and new embedded generators. The City Municipality reserves the right to make amendments to the tariff as stated and does not warrant the financial viability of the customerconsumer’s embedded generation installation. 10.4 11.4 A schedule of the tariffs set by the City Municipality shall be furnished to the customer consumer upon written request to the CityMunicipality. 10.5 11.5 The City Municipality shall not be obliged to grant credit to the customer consumer for power not received onto the electrical grid due to unavailability of the grid or for any other reason.

PRICES FOR ELECTRICITY. 10.1 The customer’s municipal account shall be credited for energy generated by the embedded generator and exported to the network in the amount/s reflected in the CityStellenbosch Municipality’s annual tariff relating to the import and export of electrical energy for embedded generation. 10.2 At the time that the customer ceases to be on the small scale embedded generation tariff, any remaining credit balance will be refunded to the customer on written request provided that the customer has no other outstanding municipal debt. 10.3 The aforesaid tariffs are amended annually on 1 July of each calendar year, as regards quantum and structure, and are applicable to all existing and new embedded generators. The City Municipality reserves the right to make amendments to the tariff as stated and does not warrant the financial viability of the customer’s embedded generation installation. 10.4 A schedule of the tariffs set by the City Stellenbosch Municipality shall be furnished to the customer upon written request to the CityMunicipality. 10.5 The City Stellenbosch Municipality shall not be obliged to grant credit to the customer for power not received onto the electrical grid due to unavailability of the grid or for any other reason.

PRICES FOR ELECTRICITY. 10.1 The customerconsumer’s municipal account shall be credited for energy generated by the embedded generator and exported to the network in the amount/s reflected in the City’s annual tariff relating to the import and export of electrical energy for embedded generation. 10.2 At the time that the customer consumer ceases to be on the small scale embedded generation tariff, any remaining credit balance will be refunded to the customer consumer on written request provided that the customer consumer has no other outstanding municipal debt. 10.3 The aforesaid tariffs are amended annually on 1 July of each calendar year, as regards quantum and structure, and are applicable to all existing and new embedded generators. The City reserves the right to make amendments to the tariff as stated and does not warrant the financial viability of the customerconsumer’s embedded generation installation. 10.4 A schedule of the tariffs set by the City shall be furnished to the customer consumer upon written request to the City. 10.5 The City shall not be obliged to grant credit to the customer consumer for power not received onto the electrical grid due to unavailability of the grid or for any other reason.