Common use of Optional Billing and Collection Services Clause in Contracts

Optional Billing and Collection Services. As per NJNG’s Tariff, NJNG offers certain billing and collection services (“BCS”) options to TPS eligible to sell natural gas to NJNG’s transportation customers. Bill Option 1 - Utility Consolidated Billing requires information from the TPS that should be included in the Service Agreement. TPS will provide the Company with the billing parameters for the “commodity charge” to be included in the calculation of each Customer’s bill and the Company will send the total bill to each customer. The Company will purchase the receivable from the TPS and be solely responsible for the processing of payments, collections and basic customer inquiries. Continuing to participate in the optional BCS program constitutes agreement to any amendments by NJNG to these Terms and Conditions from time to time and/or as approved by the NJBPU. The provisions in the remainder of this Section pertain to NJNG’s Tariff for Bill Option 1.

Optional Billing and Collection Services. As per NJNG’s Tariff, NJNG offers certain billing and collection services (“BCS”) options to TPS eligible to sell natural gas to NJNG’s transportation customers. Bill Option 1 - Utility Consolidated Billing requires information from the TPS that should be included in the Service Agreement. TPS will provide the Company with the billing parameters for the “commodity charge” to be included in the calculation of each Customer’s bill and the Company will send the total bill to each customer. The Company will purchase the receivable from the TPS and be solely responsible for the processing of payments, collections and basic customer inquiries. Continuing to participate in the optional BCS program constitutes agreement to any amendments by NJNG to these Terms and Conditions from time to time and/or as approved by the NJBPU. The provisions information in the remainder of this Section pertain pertains to NJNG’s Tariff for Bill Option 1.