CECONY and O&R - Energy Storage Services Agreement (“ESSA”) Outline of Commercial TermsEnergy Storage Services Agreement • May 27th, 2023
Contract Type FiledMay 27th, 2023This term sheet (this “Term Sheet”) is provided for informational purposes for respondents evaluating the non-binding request for proposals issued by Consolidated Edison Company of New York, Inc. (“CECONY”) and Orange and Rockland Utilities, Inc. (“O&R”) for energy storage services. The Term Sheet does not (a) create any obligation on the part of any person, including CECONY or O&R, or (b) purport to address all of the terms that may be reflected in, and would be qualified in all respects by, definitive binding agreements. This Term Sheet does not entitle any person any right of specific performance or to any payment or damages for failure to negotiate or consummate a transaction. References made herein to a “Company” refers to either CECONY or O&R and to “Companies” refers to CECONY and O&R, together. References made herein to a “Party” or jointly as the “Parties” refers to CECONY or O&R and an undesignated owner of an energy storage system (“Owner”) that will provide energy storage s
CECONY and O&R - Energy Storage Services Agreement (“ESSA”) Outline of Commercial TermsEnergy Storage Services Agreement • April 26th, 2023
Contract Type FiledApril 26th, 2023This term sheet (this “Term Sheet”) is provided for informational purposes for respondents evaluating the non-binding request for proposals issued by Consolidated Edison Company of New York, Inc. (“CECONY”) and Orange and Rockland Utilities, Inc. (“O&R”) for energy storage services. The Term Sheet does not (a) create any obligation on the part of any person, including CECONY or O&R, or (b) purport to address all of the terms that may be reflected in, and would be qualified in all respects by, definitive binding agreements. This Term Sheet does not entitle any person any right of specific performance or to any payment or damages for failure to negotiate or consummate a transaction. References made herein to a “Company” refers to either CECONY or O&R and to “Companies” refers to CECONY and O&R, together. References made herein to a “Party” or jointly as the “Parties” refers to CECONY or O&R and an undesignated owner of an energy storage system (“Owner”) that will provide energy storage s