Common use of THE ENERGY SETTLEMENT/RECONCILIATION PROCESS Clause in Contracts

THE ENERGY SETTLEMENT/RECONCILIATION PROCESS. 8.1 Energy Settlement By PJM The settlement process occurs at PJM to reflect the BGS-CIEP Supplier’s actual Energy obligations in a supply/usage reconciliation process. The Energy obligations for each BGS-CIEP Supplier will be determined based on the BGS-CIEP Supplier Responsibility Share of the BGS-CIEP Load. The reconciled total BGS-CIEP Energy obligation will be equal to the final total Energy loads for the Customers receiving BGS- CIEP service, including losses. Any adjustments for billing and metering errors reported subsequent to the calculation of FHEA and FMEA will be proportionally allocated by the Company to the BGS-CIEP Suppliers.

THE ENERGY SETTLEMENT/RECONCILIATION PROCESS. 8.1 Energy Settlement By PJM The settlement process occurs at PJM to reflect the BGS-CIEP Supplier’s actual Energy obligations in a supply/usage reconciliation process. The Energy obligations for each BGS-CIEP Supplier will be determined based on the BGS-CIEP Supplier Responsibility Share of the BGS-CIEP Load. The reconciled total BGS-CIEP Energy obligation will be equal to the final total Energy loads for the Customers receiving BGS- BGS-CIEP service, including losses. Any adjustments for billing and metering errors reported subsequent to the calculation of FHEA and FMEA will be proportionally allocated by the Company to the BGS-CIEP Suppliers.