Common use of Variable Price Plans Clause in Contracts

Variable Price Plans. THIS SECTION 5.2 IS ONLY APPLICABLE TO CUSTOMERS ON A VARIABLE PRICE PLAN (which also includes customers whose fixed price plan has expired without renewal and whose plan has therefore been converted into a variable price plan pursuant to Section 5.1). If you selected a variable price plan, the price for Generation Supply for your first month of service is set forth in your Enrollment Authorization, and the price you pay for electricity after your first month of service (your “energy charge”) will vary each month based on YEP’s prevailing market costs of energy, capacity, Transmission Charges, the amount of your “Retail Service Charge” and gross receipts tax. If you had enrolled in a fixed price plan and your term has expired without renewal such that you’ve been placed on a variable price plan pursuant to Section 5.1, then the price you pay for electricity (your “energy charge”) will vary each month based on YEP’s prevailing market costs of energy, capacity, Transmission Charges, the amount of your Retail Service Charge and gross receipts tax. For all variable plans, any other taxes (aside from gross receipts tax) and Distribution Charges will be passed through to you at YEP’s cost. Retail Service Charges include congestion, line losses, ancillaries, renewable portfolio charges, and a reasonable profit margin determined by us from time to time in good faith. The Retail Service Charge may change for each billing period but will never exceed $0.055 per kW/h. Your variable price may vary on a monthly basis with no advance notice, but as a form of low price assurance, and because YEP values your loyalty, if you are ever unsatisfied with your plan during the variable period, you will have the right to cancel this Agreement without penalty in accordance with the procedures for cancellation set forth in Section 8 below. To learn your current variable price, please call us at ▇▇▇-▇▇▇-▇▇▇▇.