Common use of REC Pricing Clause in Contracts

REC Pricing. Customer shall pay to Cooperative and Cooperative shall pay to EKPC the market value of the RECs purchased on the Customer’s behalf without mark-up from either Cooperative or EKPC. EKPC will increase the Cooperative’s monthly wholesale bill for the RECs purchased at the market price plus a monthly transactional fee of $100 and incurred volumetric fees. T Volumetric fees includes, but are not limited to, per REC costs paid to other parties by EKPC to procure specific types of RECs, (ie. Green-e® Energy certified RECs) and per REC costs to retire RECs via industry recognized renewable attribute registries. For any agreement instructing EKPC to purchase REC’s in advance of the billing cycle, a monthly carrying charge equal to 1/12 of EKPC’s annual short-term borrowing rate will be added to the Cooperative’s bill.

REC Pricing. Customer shall pay to Cooperative and Cooperative shall pay to EKPC the market value of the RECs purchased on the Customer’s behalf without mark-up from either Cooperative or EKPC. EKPC will increase the Cooperative’s monthly wholesale bill for the RECs purchased at the market price plus a monthly transactional fee of $100 and incurred volumetric fees. T Volumetric fees includes, but are not limited to, per REC costs paid to other parties by EKPC to procure specific types of RECs, REC’s (ie. Green-e® Energy certified RECs) and per REC costs to retire RECs via industry recognized renewable attribute registries. For any agreement instructing EKPC to purchase REC’s RECs in advance of the billing cycle, a monthly carrying charge equal to 1/12 of EKPC’s annual short-term borrowing rate will be added to the Cooperative’s bill.

REC Pricing. Customer shall pay to Cooperative and Cooperative shall pay to EKPC the market value of the RECs purchased on the Customer’s behalf without mark-up from either Cooperative or EKPC. EKPC will increase the Cooperative’s monthly wholesale bill for the RECs purchased at the market price plus a monthly transactional fee of $100 and incurred volumetric fees. T Volumetric fees includes, but are not limited to, per REC costs paid to other parties by EKPC to procure specific types of RECs, (ie. Green-e® Energy certified RECs) and per REC costs to retire RECs via industry recognized renewable attribute registries. For any agreement instructing EKPC to purchase REC’s in advance of the billing cycle, a monthly carrying charge equal to 1/12 of EKPC’s annual short-term borrowing rate will be added to the Cooperative’s bill.