Variable Rate Plan Clause Samples

Variable Rate Plan. The rate per kWh may be adjusted monthly to reflect market conditions, including market pricing of commodity, transportation, profit, and other market price factors. Service continues on a month to month basis and may be cancelled by the Customer at any time without penalty. Variable Rate electric service that includes a three-month introductory price, customers will pay the introductory rate(s) set forth above for the first three months of service; beginning in the fourth month of service, such customers will pay a price for gas and/or electricity determined according to the variable rate pricing method set forth above. SunSea will have the option, on notice to you, to adjust the Billing Quantity for fuel and line loss retained by your utility and interstate transporters from the Purchase Quantities. You are also responsible for paying all applicable taxes and fees. If you are tax exempt, you must furnish SunSea with an exemption certificate before service begins.

Variable Rate Plan. If Customer has chosen a variable rate product, Customer Price per kWh will be established and vary each month, based upon factors, including but not limited to, the costs incurred by NAP to provide the Service, through procurement in RTO-administered and/or other short-term markets, as well as the costs for supply and associated products that NAP requires to meet your electric generation supply requirements (including, without limitation, energy, imbalance energy, losses, capacity, transmission, ancillary services, alternative and renewable energy requirements, other RTO charges, taxes and any other required products or services). If Customer’s Utility pro-rates between months, if a billing cycle spans across more than one month, Customer’s Utility will apply the Variable Rates pro-rated based on the Utilities billing methodology. The Variable Rate will be set in NAP's discretion and may vary from month-to-month based on NAP's assessment of applicable market conditions, and publicly available data and indices, historic and projected supply and hedging costs, prior months pricing and balancing costs, projected average customer bill amounts and Utility pricing. Customer Variable Price may be higher or lower than the price offered in the initial or any following months while NAP is providing Supply Service. Savings are not guaranteed. Customer may contact NAP at its contact information to obtain previous months rates. At any time, Customer may ask NAP to convert Customer rate plan from Variable to Fixed at NAP’s then current Fixed Rate, if available. • Variable Rate with Introductory Period. If Customer has chosen a Variable Rate Plan with an Introductory Period, Customer introductory electric generation supply rate is set forth in Customer’s Enrollment Form or Welcome Letter (the “Introductory Rate”). At the end of the Introductory Period, Customer’s rate will be a Variable Rate as described above. provide Customer’s payment history for up to twenty-four months of electric supply service to Customer without charge

Variable Rate Plan. If you have chosen a Variable Rate Plan or your price for Supply Service has automatically renewed from a Fixed Rate Plan to a Variable Rate Plan, as set forth in the Contract Renewal section herein, your price per kWh will be determined by NAP for each month at its sole discretion based on business and market conditions including, but not limited to, the costs incurred by NAP to procure energy to serve your account, transportation costs, balancing fees, capacity charges, line losses, ancillary service fees, alternative and renewable energy requirements, storage charges, administrative costs, costs to acquire, marketing costs, profit, applicable taxes, and other business and market considerations. If your Utility pro-rates between months, if a billing cycle spans across more than one month, your Utility will apply the Variable Rates pro-rated based on the Utility’s billing methodology. Your Variable Rate may be higher or lower than the price offered in the initial or any following months while NAP is providing Supply Service. Savings are not guaranteed. You may contact NAP at its contact information to obtain the current Variable Rate. At any time, you may ask NAP to convert your rate plan from a Variable Rate Plan to a Fixed Rate Plan at NAP’s then-current Fixed Rate, if available. Electronic Notices - If you signed up for NAP service online (at the NAP website) and/or consented online during the enrollment process to electronic service of all notices, including but not limited to, terms of service, Introductory Letter, environmental disclosure labels, late notices, termination notices, invoices and any other notices and/or disclaimers, all documents, with the exception of any notice (including Renewal Notice) that is required by PUCO regulations to be mailed in paper form, will be electronically sent to the e-mail Billing and Payments - For each account, you will receive one monthly bill from the Utility with its charges and our charges, and you will continue to pay your bill following the Utility’s billing and payment policies. We do not offer budget billing or summary billing for Supply Service under this Agreement. Your bill will be calculated by multiplying (i) the rate of electricity per kWh by (ii) the amount of electricity used in the billing cycle (as determined by your Utility) plus (iii) applicable taxes, fees, and charges levied by the Utility for generation supply and other services. If you currently pay under the budget bill payment plan of ...

Variable Rate Plan. The rate per kWh may be adjusted monthly to reflect market conditions, including market pricing of commodity, transportation, profit, and other market price factors. Service continues on a month to month basis and may be cancelled by the Customer at any time without penalty.

Variable Rate Plan. If your Contract Summary indicates that you have chosen a Variable Rate electric product, the rate for the electricity supplied pursuant to this Agreement may change monthly at IDT Energy’s discretion. When setting rates, IDT Energy will consider numerous factors including, but not limited to, current conditions on the PJM wholesale electricity market, the cost of obtaining electricity from all sources, capacity costs, settlement costs, costs of ancillary services, hedging costs, balancing costs, line loss costs, costs to comply with any applicable Renewable Portfolio Standards, IDT Energy’s expenses and margins, and all applicable taxes, fees, or assessments. The Variable Rate may be higher or lower than the Local Utility’s rate in any particular month or over the duration of this Agreement, and IDT Energy cannot guarantee savings as compared to the Local Utility’s rates. There is no limit on how much the IDT Energy Variable Rate may change from one billing cycle to the next.

Variable Rate Plan. If you have a variable rate plan agreement with Stream Energy, you understand that the rate will fluctuate on a monthly basis based on market conditions as well as other related factors such as distribution and transportation of gas service to your premise as set forth in your Disclosure Statement.