Common Contracts
1 similar Electricity Supply Agreement contracts
ContractElectricity Supply Agreement • February 28th, 2020
PRICING: The fixed rate for the Initial Term of this Agreement is set forth in the Contract Summary section above. For each billing cycle, the price for the electricity supplied pursuant to this Agreement will be calculated by multiplying the (i) fixed rate or variable rate for the electricity by (ii) the amount of electricity consumed as determined by the LDC’s actual or estimated meter reads. Fixed rates are rates that remain the same for the length of an agreed-upon term. Variable rates are rates that fluctuate at Residents Energy’s discretion based on a number of factors, including, but not limited to, conditions on the wholesale electricity market, the actual and estimated costs to Residents Energy 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 and Residents Energy’s expenses and margins. Your rate includes ge
