Rate Setting and Other Sample Clauses
The 'Rate Setting and Other' clause establishes the procedures and criteria for determining the rates or fees applicable under an agreement. Typically, this clause outlines how rates are calculated, adjusted, or reviewed, and may specify the timing and process for any changes, such as annual reviews or adjustments based on external benchmarks. Its core practical function is to provide a clear and consistent framework for setting and modifying rates, thereby reducing disputes and ensuring both parties understand how charges will be determined throughout the contract term.
Rate Setting and Other. Costs to Participants As described above, the program’s electricity supply charges will be set through a competitive bidding process and will include the administrative adder. Prices, terms, and conditions will vary by product and may differ among customer classes. For each customer class, prices will be fixed for periods at least as long as the basic service price period for the class.1 When prices change, the Town will notify consumers by issuing a media release and posting a notice on the Town web site. The program affects only customers’ electricity supply charges. Delivery charges will be unchanged and will continue to be charged by the local distribution company in accordance with tariffs approved by the DPU. Participants will receive one bill from their local distribution company that includes both the electricity supply charge and their local distribution company’s delivery charges.
Rate Setting and Other. Costs to Participants As described above, the program’s electricity supply charges will be set through a competitive bidding process and will include the administrative adder. Prices, terms, and conditions will vary by product and may differ among customer classes. For each customer class, prices will be fixed for periods at least as long as the basic service price period for the class.1 When prices change, the Town will notify consumers by issuing a press release and posting a notice on the Town web site. The program affects only customers’ electricity supply charges. Delivery charges will be unchanged and will continue to be charged by National Grid in accordance with tariffs approved by the DPU. Participants will receive one ▇▇▇▇ from National Grid that includes both the electricity supply charge and National Grid’s delivery charges.
1 Basic service pricing periods vary by customer class. For residential and small business customers, the prices change every six months. For medium and large business customers, prices change monthly.
Rate Setting and Other. Costs to Participants As described above, the program’s electricity supply charges will be set through a competitive bidding process and will include the administrative adder. Prices, terms, and conditions will vary by product and may differ among customer classes. For each customer class, prices will be fixed for periods at least as Town of Southborough Municipal Aggregation Plan 5 long as the basic service price period for the class.2 When prices change, the Town will notify consumers by issuing a media release and posting a notice on the Town web site. The program affects only customers’ electricity supply charges. Delivery charges will be unchanged and will continue to be charged by the local distribution company in accordance with tariffs approved by the DPU. Participants will receive one bill from their local distribution company that includes both the electricity supply charge and their local distribution company’s delivery charges.
Rate Setting and Other. Costs to Participants As described above, the program’s electricity supply charges will be set through a competitive bidding process and will include the administrative adder. Prices, terms, and conditions will vary by product and may differ among customer classes. For each customer class, prices will be fixed for periods at least as long as the basic service price period for the class.1 When prices change, the Town will notify consumers by issuing a press release and posting a notice on the Town web site. The program affects only customers’ electricity supply charges. Delivery charges will be unchanged and will continue to be charged by National Grid in accordance with tariffs approved by the DPU. Participants will receive one bill from National Grid that includes both the electricity supply charge and National Grid’s delivery charges.
1 Basic service pricing periods vary by customer class. For residential and small business customers, the prices change every six months. For medium and large business customers, prices change monthly. Town of Foxborough Municipal Aggregation Plan 5
Rate Setting and Other. Costs to Participants As described above, the program’s generation charges will be set through a competitive bidding process and will include the administrative adder. Prices, terms, and conditions may differ among customer classes. The Town will seek bids for a variety of terms and may also seek bids for a variety of pricing periods within each contract term. For each customer class, prices will be fixed for periods at least as long as the default basic service pricing period for the class.1 1 Default service customers have two pricing options: prices that are fixed for six months and prices that change monthly (for the largest customers, three months and monthly). The default option varies by customer class. For residential and small commercial and industrial customers, the default option is six\ The program affects only customers’ electricity supply charges. Delivery charges will be unchanged and will continue to be charged by National Grid in accordance with tariffs approved by the DPU. Participants will receive one ▇▇▇▇ from National Grid that includes both the electricity supply charge and National Grid’s delivery charges.