Fixed Rate Product definition

Fixed Rate Product means a product in which the price for power and energy does not change for a period of at least 3 months, other than for legal, regulatory, utility or non-market based changes, after power and energy flow under the product.
Fixed Rate Product. Customers on a Fixed Rate Product may terminate the Terms of Service Agreement at any time with written notice to Stream via U.S. mail at the address indicated in Section 1. Except as otherwise set forth below, in the event Customer terminates the Agreement at any time 31 or more days prior to the end of the term of the Agreement, Early Termination Fees (ETFs) shall apply, as follows:
Fixed Rate Product means any electricity or natural gas energy product that includes a fixed rate price for any portion of the site energy consumption. Fixed Rate Products can be listed as a fixed rate per kWh, fixed rate per GJ, flat monthly charge for energy, a daily charge for energy or as any combination of these products applied against the energy consumption.

Examples of Fixed Rate Product in a sentence

  • If enrolled with a Fixed- Rate Product, Customer agrees to remain a Customer of Tomorrow Energy until the term expires or Customer may be subject to an early termination fee.

  • If you are on a Fixed Rate Product that has a contract term of greater than four months, we will send your final written notice at least 30 days in advance of contract expiration.

  • If you are on a Fixed Rate Product that has a contract term of four months or fewer, we will send your final written notice at least 15 days in advance of contract expiration.

  • If you are on a Fixed Rate Product we will send you three contract expiration notices evenly distributed, to the extent practicable, during the last third of the contract period.

  • If you are on a term product other than a Fixed Rate Product, we will send you a contract expiration notice between 30 to 60 days in advance of contract expiration.

  • This Terms of Service is for a Fixed Rate Product, which is a retail electric product with a term of at least three months for which the price (including all recurring charges and ancillary service charges) for each billing period of the contract term is the same throughout the contract term, except that the price may vary from the disclosed amount solely to reflect actual changes in TDU charges, changes to the Electric Reliability Council of Texas (“ERCOT”) or Texas Regional Entity, Inc.

  • The price for the Fixed Rate Product may be modified, or may vary from the EFL, solely to reflect actual changes in the TDU charges, changes to the ERCOT or Texas Regional Entity administrative fees charged to loads, or changes resulting from federal, state or local laws that impose new or modified fees or costs on Stream that are beyond Stream’s control.