Small Commercial Customers. You may terminate this Agreement for any reason at any time, subject to an early termination fee of $20 per month for each month remaining in the Term, by providing written notice to Think via email or U.S. mail, or by contacting us at 1-888-923- 3633 or, without notice to Think, by contracting with a new competitive electric power supplier for electricity supply, contracting with an aggregator granted agency authority, or contacting the EDC to select utility default service. If you fail to meet any of the material terms and conditions of this Agreement, Think may terminate this Agreement upon 10 business days’ prior written notice, via email or U.S. mail as designated by you as your preferred method of communication, stating the reason(s) for the termination. Upon any termination of the Agreement, unless you have selected another competitive electric power supplier, you will return to the default electricity supply service offered from your EDC. You will also remain responsible for any unpaid balance as of the termination date.
Small Commercial Customers. Unless otherwise stated in your Contract Summary your Early Cancellation Fee equals the total electricity price paid by you under your Agreement in cents/kWh multiplied by your highest monthly kWh usage (as may be reasonably forecasted by YEP in any given month) and times the remaining months in the Initial Term, not to exceed three (3) months if your remaining term is 12 months or fewer, and not to exceed six (6) months if your remaining term is 13 months or more. The Early Cancellation Fee shall not be less than $150.00. There is no Early Cancellation Fee if you cancel your Agreement within 30 days prior to the expiration of your Agreement’s Initial Term.
Small Commercial Customers. 1. The District Rebate If a small commercial Customer installs customer owned generating equipment in accordance with this policy, the Customer shall be entitled to a one-time financial incentive based on the number of xxxxx of power installed. The formula for a small commercial Customer rebate shall be number of xxxxx installed, times the assumed generating system efficiency rating of 85%, times $0.50. As of June 20, 2019, the rebate shall not exceed $1,500 for small commercial Customers. The rebate may only be applied to one meter per property. The District’s rebate offer expires as of October 1, 2019. The rebate will not be included on net-metering agreements signed after September 30, 2019. Any Customer who has received an estimate from OPD5 to install net-metering or who has entered into a net-metering agreement with OPD5 prior to October 1, 2019, must have the Customer-owned generation complete and fully operational before June 20, 2020 to receive the OPD5 one-time rebate. If the Customer-owned generation system is not complete and fully operational before said date, the OPD5 rebate offer shall expire.
2. Base Charge A net metering customer shall be responsible for the monthly base charge. The monthly base charge cannot be zeroed out by using credits received from excess energy generation.
Small Commercial Customers
