The scope of this document is to provide guidelines for drafting a contract between an Energy Services Company and a client. The client may be an individual or a legal entity.
The following issues are addressed:
- Description of the contracting parties. The identity of the contracting parties, i.e. the Energy Services Company and the client, are clearly stated.
- Definition of Terms. All relevant technical terms are defined in detail.
The terms defined are :
- Curtailed Load
- CUSTOMER PEAK DEMANDS
- Maximum Curtailable Demand
- Firm Demand
- Contract Demand
- Forecasted Demand
- Interrupted Demand
- Deferred Demand
- Curtailment Period
- Load Curtailment Period
- Curtailment Event
- Curtailable Load
- Monthly Coincident Peak
- Exposure Period
- Summer/Winter Season
- Offer Price
- The period of contract as well as the terms under which the contract is terminated (termination event). Post-termination arrangements.
- The General Provisions of the contract
- Details regarding the notice required before the initiation of load curtailment
- Non Compliance Provisions
- Penalties in case of Inappropriate actions by consumers
- Terms of Payments
- Restrictions