PowerBill - Agreement Terms & Conditions

ESSENTIAL AGREEMENT INFORMATION

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:

  1. This Contract does not guarantee financial savings. PowerBill rates are not regulated by any provincial or municipal government or agency. PowerBill is not affiliated with the Government of Alberta.
  2. I have been provided on line access via www.powerbill.com from which I can obtain a copy of the contract plus PowerBill's Disclosure Agreement, PAD agreement and the Compliance Plan.
  3. I have the right, by law, to cancel this Contract (by email or registered mail) without cost or penalty with 10 days notice and is acknowledged as being received by PowerBill. In the situation where the Contract is processed online the effective date of the Contract is the date and time of acknowledgement by PowerBill.
  4. By signing the Contract and/or digitally acknowledging acceptance of the Contract (www.powerbill.com), I agree to buy natural gas and/or electricity from PowerBill at the price and for the term set out above.
  5. The term of this Contract for the Site ID(s) enrolled will automatically continue on a month to month basis unless the Contract is cancelled.
  6. Without penalty or exit fees, I can cancel or change the Contract at any time by giving PowerBill at least 10 days' written notice in the appropriate form.

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 info@powerbill.com or call 1-855-637-2868.

POWERBILL TERMS & CONDITIONS

Reference in this contract to "PowerBill", "we", "our" or "us"; it means PowerBill Ltd., except where context requires otherwise.

1.0 CANCELLATION

1.2 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 address or email address in this contract. You must give notice of cancellation by a method that will allow you to prove that you gave notice, including registered mail and email.

You are entitled to cancel this contract without cost or penalty if a marketing contract, including an Internet or Telephone marketing contract, presently exists for the same property, except where the existing marketing contract is to expire on or before the commencement of this contract.

You are also 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

Your rights of cancellation during the cooling-off periods are in addition to your basic cancellation rights. You may cancel this Contract at any time without penalty by providing us with l0 days' written notice.

2.1 PRICE

2.2 Price

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.

2.3 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.

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.

2.4 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 and are based on daily wholesale market prices in Alberta with additional charges to reflect transportation charges and administrative fees.
**Flow-through prices for electricity are based on hourly Alberta Pool prices with additional charges to reflect line losses and unaccounted for energy, load shaping and administrative fees.

2.5 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.

2.6 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:

  1. If you do not have a satisfactory credit rating or credit history, as reasonably determined by PowerBill, or
  2. If you are a business and not a residential consumer.

The Deposit/Prepayment amount collected from the customer will be assigned to the prudential account and used as security. Returns of deposits paid will be made after the final bill is paid and there is no outstanding interest.

Conditions apply:

  1. The amount of the deposit must be debited from your account prior to the site enrollment.
  2. A security deposit may also be collected should your monthly invoice payment be returned NSF on more than one occasion, to be determined by PowerBill.

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 CONDITIONS

3.2 Start Date

Your Contract will begin on the effective date of enrolment of your Site ID(s) with the Distribution Company.

3.3 Conditions of Supply

Before we arrange for the supply of Gas and/or Electricity to your Site, and before this Contract comes into effect:

  1. You must meet our credit requirements, and
  2. The Distribution Company must enroll your Site with us designated as your retailer.

3.4 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.

3.5 Appointing Us as Your Agent

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.

DISCLOSURE STATEMENT

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:

  1. This contract is not an electricity or gas utility or government rebate program. The person who presented you with this contract represents PowerBill.
  2. The business named in this contract may not be able to supply energy cheaper than your current utility company.
  3. This contract can be ended only under the following conditions: you provide 10 days' written notice by submitting the request for cancellation via email or registered mail.
  4. If you move to another location within Alberta you will not be responsible to buy energy under this contract.
  5. You may cancel this contract from the day you sign the contract. You do not need a reason to cancel the contract. To cancel the contract, you must give notice of cancellation at the address in the contract. You may give notice of cancellation by any method that will allow you to prove that you gave notice, including mail or e-mail. Under certain circumstances you may have more than 10 days to cancel the contract.

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.