Common use of Billing and Reporting Clause in Contracts

Billing and Reporting. The “Billing Period” shall be from 12:01AM on the first day of the month until midnight on the last day of the month. Provider shall submit an invoice to Receiver in the form of Exhibit D within seven (7) days of the end of a Billing Period. The bill shall be provided either electronically or via US Mail, subject to the preference of Receiver. The bill shall show starting and ending Meter readings for the Billing Period, including both energy received by the Generating Facility and energy provided by the Generating Facility. The Provider shall invoice the Receiver for the Net Electricity furnished to the Receiver, by the Provider, during the Billing Period. All Net Electricity measurement and billing shall be based in kilowatt hours (kWh). The bill shall also include reactive energy consumption and generation for informational purposes only. No later than the 15th of each month, Provider shall prepare and provide a report to Receiver that includes not less than the following information: A. The generation, by turbine, for the previous month B. Explanation of any Generating Facility outages lasting longer than four (4) hours during the previous month C. Expected production vs. actual production for the previous month D. Estimated production for the next 3 months E. Explanation of any safety accidents or incidents that occurred at the Site F. A schedule for any planned service on the Generating Facility or Supporting Infrastructure

Billing and Reporting. The “Billing Period” shall be from 12:01AM on the first day of the month until midnight on the last day of the month. Provider shall submit an invoice to Receiver in the form of Exhibit D within seven (7) days of the end of a Billing Period. The bill shall be provided either electronically or via US Mail, subject to the preference of Receiver. The bill shall show starting and ending Meter meter readings for the Billing Period, including both energy received by the Generating Facility and energy provided by the Generating Facility. The Provider shall invoice the Receiver for the Net Electricity furnished to the Receiver, by the Provider, during the Billing Period. All Net Electricity measurement and billing shall be based in kilowatt hours (kWh). The bill shall also include reactive energy consumption and generation for informational purposes only. No later than the 15th of each the month, Provider shall prepare and provide a report to Receiver that includes not less than the following information: A. The generation, by turbine, for the previous month month B. Explanation of any Generating Facility outages lasting longer than four (4) hours during the previous month C. Expected production vs. actual production for the previous month D. Estimated production for the next 3 months E. Explanation of any safety accidents or incidents that occurred at the Site F. A schedule for any planned service on the Generating Facility or Supporting Infrastructure