Renewal Notice. When the Term of this Agreement is approaching expiration, we will send you advance written notice at least 30 days before the expiration date via email or U.S. mail. The notice will explain your renewal options, which may be under the same or different terms and conditions. Each new renewal period after the Term will be deemed a “Renewal Plan.” If you fail to take action before completion of the Term, Think may opt to switch your account to utility default service or continue serving you on a new contract (referred to as “Rollover Service”) with no change to these terms of service, except the Rate will be a new fixed price, which may be higher or lower than the Rate you pay during the Term. If you instead choose to cancel this Agreement at the end of the Term, you understand that you are responsible for arranging for your Retail Electric Generation Service either by selecting a new supplier or returning to the EDC’s standard offer service.
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Samples: Electricity Supply Agreement, Electricity Supply Agreement, Electricity Supply Agreement