Text · page 94 of 125
Read the whole document on one page (all 125 pages, each with its own heading)
CDG Provider: NSF Burns Site 2, LLC / CDG Manager: PowerMarket 600 Fifth Avenue, 2nd Floor, New York, NY 10020 | Phone: (708) 669-0263 | Email: [email protected] Community Distributed Generation Disclosure Statement and Agreement Customer Information and Name: Village of East Aurora Distribution Utility Service Address: See Schedule 1 Phone: Email: Account Number: See Schedule 1 Electric Utility: NYSEG Overview This document is your subscriber agreement and describes the terms of your community solar subscription. Read this document carefully so that you fully understand the agreement. Price, Fees, and There are no up-front fees or payments. Each month, you will receive Bill Credits on your Charges electric utility bill based on the electricity generated by the Project. Your Subscription Fee, equal to 95% of the value of the Bill Credits you receive each month, will be automatically taken from the Bill Credits you receive on your utility bill. After the Bill Credits are reduced by the Subscription Fee, you will receive a net savings equal to 5% of the Bill Credits you receive. You will not be charged any other fees. Project Location and Location: State Route 70, Burns, New York 14822 Customer Allocation Initial Expected Percentage Allocation: ___% (____ kW), subject to adjustment by Provider. See Schedule 1 Generation allocated to customer: Once you have completed your enrollment process, your utility data will be analyzed to ensure a correct allocation. Your allocation may be up to 100% of your historic annual usage. We will send you notification by e-mail when your account has been connected to a Project, and provide you with additional details including Project location and size. At any time, Provider shall have the right to make adjustments to your Percentage Allocation, which is the percentage of the Bill Credits allocable to you. Length of Agreement The term of the agreement is one (1) year and will commence on the date of the first utility and Renewal bill displaying Bill Credits. Following the one (1) year term, the agreement will be automatically extended on a yearly basis under the same terms and conditions unless you or the Provider elects to terminate the agreement by providing written notice. Early Termination You may terminate the agreement at any time during the agreement term, without penalty or fee, by providing no less than sixty (60) days written notice to Provider. 1