I, the customer, choose PowerBill (PowerBill) to supply natural gas and/or electricity to the Site ID(s) enrolled under PowerBill's Retail Plan Contract ("Contract"). I understand and accept:
The table below sets out the basic rights and obligations of each of us under this agreement. It is intended to be a brief summary that will enable you to easily understand your PowerBill plan. If you have questions please email customer service at email@example.com or call 1-855-637-2868.
Reference in this contract to "PowerBill", "we", "our" or "us"; it means PowerBill Utility Billing Solutions Inc., except where context requires otherwise.
1.1 Buyers' Right to Cancel
You may cancel this contract from the day you enter into the contract with 10 days written notice. You do not need a reason to cancel.
To cancel, you must give notice of cancellation at the email address in this contract. You must give notice of cancellation by a method that will allow you to prove that you gave notice.
You are entitled to cancel the contract without penalty within one year from the date the marketing contract is entered into if the contract does not specify the date on which it is to begin, if the supply of energy does not begin within 30 days of the date stated in the contract, or if the marketer was not properly licenced at the time the contract was entered into.
1.2 Your Basic Cancellation Right
The NATURAL GAS charge you agree to pay for the gas we supply to you is set out in the Sign-up Form, and is based on the Flow-through*. You agree to pay for and we agree to sell you gas based on the agreed gas charge, plus applicable charges.
The ELECTRICITY charge you agree to pay for the electricity we supply to you is set out in the Sign-up Form, and is based on the Floating Electricity Rate**. You agree to pay for and we agree to sell you electricity based on the agreed electricity charge, plus applicable charges.
2.2 Floating Naural Gas Rate Plan
The Floating gas rate is calculated as the wholesale cost of gas plus .89 cents/GJ. Markup on the flow-through is subject to change with due notice.
2.3 Floating Electricity Rate
The Floating Electricity Rate is calculated on flow-through prices that are based on hourly Alberta Pool prices plus 1 cent/KwH. Markup on
Floating Electricity Rate is subject to change with due notice.
*Flow-through price for natural gas is based on daily wholesale market prices in Alberta with additional charges to reflect transportation charges and administrative fees.
**Flow-through price for electricity is based on hourly Alberta Pool prices with additional charges to reflect line losses and unaccounted for energy, load shaping and administrative fees.
2.4 Additional Charges
In addition to the gas and/or electricity charge, you are responsible for Administration Charges and other charges related to the supply of gas to your site. We will show all such charges as separate line items on your bill.
2.5 Deposits and Pre-Payment
PowerBill may require you to pay a Deposit/Pre-Payment in an amount determined by PowerBill, including without limitation, under the following circumstance:
The Deposit/Prepayment amount collected from the customer will be assigned to the prudential account and used as security. Where a customer has made all the required payments under the contract for one year from the date the customer enters into the contract, PowerBill shall refund the entire security deposit to the customer within 15 days from the date the last payment for that year was made.
If PowerBill does not receive your normal monthly payment for gas and/or electricity consumed by the due date indicated on the invoice,
PowerBill reserves the right to apply the funds from the Interest Account toward outstanding billed amounts and will unenroll you from the
program. Any remaining funds in the account, including accrued interest, will be refunded to you.
You may cancel your gas and/or electricity contract at any time without penalty by providing PowerBill with 10 days' written notice. Upon Contract termination and clearance of all outstanding charges accrued under the Contract, the remaining balance in the Interest Account, including accrued interest, will be refunded.
3.1 Start Date
Your Contract will begin on the effective date of enrolment of your Site ID(s) with the Distribution Company.
3.2 Conditions of Supply
Before we arrange for the supply of Gas and/or Electricity to your Site, and before this Contract comes into effect:
3.3 Credit Requirements
You agree to provide us with and authorize us to request and receive from third parties reasonable financial and credit information. You agree to maintain credit worthiness satisfactory to PowerBill at all times while this Contract is in effect. If you do not maintain credit worthiness satisfactory to PowerBill, we may cancel this Contract at our discretion.
3.4 Credit Requirements
By entering into this Contract, you appoint PowerBill as your limited agent to arrange for the supply of Gas and/or Electricity under this Contract. This agency ends when PowerBill has fulfilled its obligations under this Contract. We will act as your agent only for purposes directly related to this Contract. You authorize the Distribution Company to give us your consumption information and any related information that we may require. You agree that we are not your financial advisor and therefore have no liability for the choices you make with respect to your Gas and/or Electricity Plan.
Please read this statement before you sign it. Before you enter into a marketing contract for the supply of energy you should understand the following:
If you need more information on cancelling the contract, or if you feel you have been treated unfairly, you may contact Service Alberta at 780-427-4088. Outside Edmonton call 1-877-427-4088 toll free.
You may cancel your PowerBill plan at any time without cost or penalty by providing us 10 days' written notice.
You agree to pay your bill on the 2nd business day following the invoice date of the monthly invoice.
We agree to sell you gas and/or electricity as requested by you, based on the agreed upon price, plus applicable charges and our flat Administration Charge of $5.90 per service or $10.50 for both services.
We will respect your privacy and comply with applicable legislation.
We will provide you with a monthly bill that outlines your gas usage and applicable charges.
We will charge you a late payment charge if you don't pay your bill on time. Your account will be charged a $25 fee should your payment be returned NSF. If your payment history or credit worthiness is not satisfactory, we may require a security deposit or cancel your PowerBillRetail Plan.