Examples of Standard Basic Service in a sentence
There are two rate options available to Customers on Standard Basic Service.
Customers receiving retail delivery service under the Company’s medium and large commercial and industrial rates as defined in 4(b)(iv) or (v) above and receiving Standard Basic Service under the Fixed Price Option who leave Standard Basic Service to receive Generation Service from a Competitive Supplier shall be subject to a billing adjustment for the time they were billed under the Fixed Price Option during the last applicable pricing period.
Customers who opt out of SRP pursuant to Section 8(c) will receive Standard Basic Service with Conservation Day Rebates.
However, once the election is made, such Customers will be required to remain on the elected option during their uninterrupted stay on Standard Basic Service unless and until they begin taking Generation Service from a Competitive Supplier.
For these customer groups, the Company will provide unique Standard Basic Service rates under the Fixed Price Option and Variable Price Option for each of the Load Zones in which the Company provides service.
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Pursuant to the specific requirements set forth below, Customers who have a Smart Meter installed at their service location can opt out of receiving Smart Rewards Pricing under this provision and receive Standard Basic Service.
Once a Customer has notified the Company that the Customer intends to opt out of SRP, the Customer will be billed Standard Basic Service rates and will be eligible to receive Conservation Day Rebates.
The Company will reflect the effects of Locational Marginal Pricing in its Standard Basic Service rates to medium and large commercial and industrial customers as defined in 4(b)(iv) or (v), above.
Specifically, the billing adjustment shall be based on the difference between the rate under the Fixed Price Option for the last applicable pricing period during which the Customer was on Standard Basic Service and the monthly rates under the Variable Price Option for the same period, multiplied by the Customer’s kilowatt- hour usage during the same period.