Common use of Pricing and Invoicing Clause in Contracts

Pricing and Invoicing. The Supplier will accept delivery of the excess electricity at each relevant Site at the price set by a Day Ahead Index agreed between the Parties (each acting reasonably), save where the Customer has made a FIT Opt-in Notification and elected to receive FIT payments for its exported electricity under the FIT from the Supplier. The price shall either be increased or decreased by the total of GDUoS charges. The Supplier shall provide to each Customer with whom it has entered into an OPA, with a copy to the Authority, a Monthly statement showing: the electricity delivered by the Customer to the Supplier that Month in respect of each relevant Site; the number of each Associated Benefit issued in respect of each relevant Site transferred to the Supplier’s Registry Account in that Month; the number or value (as applicable) of new Associated Benefits (if any) generated by the Customer at each Site in question and transferred to the Supplier in that Month; the value of any Associated Benefits realised by the Supplier in that Month in relation to each relevant Site; any other information reasonably requested by the Authority; and the total amount payable by the Supplier to the Customer (in such detail as required by the Customer and in any event including accurate information on the amount of VAT payable as part of this total). The Supplier shall incorporate each Customer’s monthly statement relating to the OPA into its invoicing arrangements with that Customer under the Customer Contract, so that the Customer receives one consolidated invoice for its supply under the OPA and its purchase under the Customer Contract. If the Supplier is the net creditor, it may require the specified amount from the Customer. If the Customer is the net creditor it may invoice the Supplier and the Supplier shall promptly pay any such sum to the Customer. The OPA shall include appropriate post termination invoicing arrangements.

Pricing and Invoicing. The Supplier will accept delivery of the excess electricity at each relevant Site at the price set by a Day Ahead Index agreed between the Parties (each acting reasonably), save where the Customer has made a FIT Opt-in Notification and elected to receive FIT payments for its exported electricity under the FIT from the Supplier. The price shall either be increased or decreased by the total of GDUoS charges. The Supplier shall provide to each Customer with whom it has entered into an OPA, with a copy to the Authority, a Monthly statement showing: the electricity delivered by the Customer to the Supplier that Month in respect of each relevant Site; the number of each Associated Benefit issued in respect of each relevant Site transferred to the Supplier’s Registry Account registry account in that Month; the number or value (as applicable) of new Associated Benefits (if any) generated by the Customer at each Site in question and transferred to the Supplier in that Month; the value of any Associated Benefits realised by the Supplier in that Month in relation to each relevant Site; any other information reasonably requested by the Authority; and the total amount payable by the Supplier to the Customer (in such detail as required by the Customer and in any event including accurate information on the amount of VAT payable as part of this total). The Supplier shall incorporate each Customer’s monthly statement relating to the OPA into its invoicing arrangements with that Customer under the Customer Contract, so that the Customer receives one consolidated invoice for its supply under the OPA and its purchase under the Customer Contract. If the Supplier is the net creditor, it may require the specified amount from the Customer. If the Customer is the net creditor it may invoice the Supplier and the Supplier shall promptly pay any such sum to the Customer. The OPA shall include appropriate post termination invoicing arrangements.