Common use of GREEN OPTION Clause in Contracts

GREEN OPTION. Competitive Supplier shall identify the technology, vintage, and location of the renewable generators that are the sources of the RECs for the Standard and the Green Option. All such RECs shall be created and recorded in the New England Power Pool Generation Information System or be certified by a third party satisfactory to the Town such as Green-e. Term: The period of delivery of All Requirements Power Supply shall commence with Participating Consumers’ first meter read date on or after December 1, 2020 and terminate with Participating Consumers’ first meter read date on or after December 1, 2022 unless terminated earlier under Article 6. Eligible Consumer Opt-Out: Participating Consumers are free to opt-out of the Program. . There are no fees, penalties or charges for Participating Consumers to opt-out or terminate service at any time.

Appears in 2 contracts

Sources: Competitive Electric Service Agreement, Competitive Electric Service Agreement