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 small scale embedded generator and exported to the municipal electrical grid in the amount/s reflected in the Municipality’s annual tariff relating to the import and export of electrical energy for small scale 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 small scale embedded generators. The Municipality reserves the right to make amendments to the tariff as stated and does not warrant the financial viability of the customer’s small scale embedded generation installation. 10.4 A schedule of the tariffs set by the Municipality shall be furnished to the customer upon written request to the Municipality. 10.5 The Municipality shall not be obliged to grant credit to the customer for power not received onto the municipal electrical grid due to unavailability of the municipal electrical grid or for any other reason.

PRICES FOR ELECTRICITY. 10.1 11.1 The customer’s municipal account shall be credited for energy generated by the small scale embedded generator and exported to the municipal electrical grid in the amount/s reflected in the Municipality’s annual tariff relating to the import and export of electrical energy for small scale embedded generation. 10.2 11.2 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 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 small scale embedded generators. The Municipality reserves the right to make amendments to the tariff as stated and does not warrant the financial viability of the customer’s small scale embedded generation installation. 10.4 11.4 A schedule of the tariffs set by the Municipality shall be furnished to the customer upon written request to the Municipality. 10.5 The 11.5 Municipality shall not be obliged to grant credit to the customer for power not received onto the municipal electrical grid due to unavailability of the municipal electrical grid or for any other reason.