For fixed term contracts, REPs are required to send their customers notices of contract expiration at least 14 days prior to the end of the initial contract term. If the customer fails to renew with that provider or switch to another REP, normally, service will automatically continue on a month-to-month basis after the expiration of the initial contract on what is called the DEFAULT RENEWAL PRODUCT which is a variable price product whose price will be determined by current market conditions until either canceled by the customer or the REP.
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