General Terms and Conditions

GENERAL TERMS AND CONDITIONS FOR THE SALE OF ELECTRICAL ENERGY AND BALANCING WITHIN A BALANCING GROUP

I. SUBJECT OF THE GENERAL TERMS AND CONDITIONS

These General Terms and Conditions govern all transactions that the Parties will conclude for the purchase, sale, delivery, and acceptance of electrical energy, as well as participation in a balancing group, with each such transaction constituting an “Individual Contract” – whether formal or informal, in accordance with Art. 183 et seq. of the Obligations and Contracts Act. For matters not regulated in the individual contracts, these General Terms and Conditions shall apply, as well as the applicable legislation of the Republic of Bulgaria.

These General Terms and Conditions apply to all clients of the company, including those without a written contract who have accepted and use the services.

II. MAIN OBLIGATIONS FOR DELIVERY AND ACCEPTANCE OF ELECTRICAL ENERGY

Delivery and Acceptance: In accordance with each Individual Contract, the Seller plans, sells, and delivers, or performs the necessary actions for the delivery, and the Buyer plans, purchases, and accepts, or performs the necessary actions for the acceptance, of the Contracted Quantity at the Delivery Point; the Buyer shall also pay the Seller the agreed price.

Definition of “plans”: “Plans” means, as applicable, the actions that a Party is required to undertake in order to fulfill its obligations for delivery or acceptance, which may include appointing persons, planning, notification, submission of schedules, and confirmations to the other Party, its designated agents and authorized representatives, and the network operator, as applicable, regarding the Contracted Quantity, agreed capacity, and other terms of the Individual Contract.

III. DELIVERY, MEASUREMENT, TRANSFER, AND RISK. BALANCING

Electrical energy shall be delivered at the Delivery Point agreed in the Individual Contract (formal or informal) and in accordance with the standards of the network operator.

Delivery Schedules: Electrical energy shall be delivered in accordance with the delivery schedules specified in each Individual Contract.

Transfer of Ownership: The delivery and receipt of the Contracted Quantity, as well as the transfer of all ownership rights from the Seller to the Buyer, shall take place at the Delivery Point.

Measurement of Delivered and Received Electrical Energy: Each Party is responsible for measuring or verifying the delivered and received electrical energy using verifiable means.

Documentation of Actual Delivery and Receipt: Upon request, a Party shall provide documentation proving the deliveries.

Reimbursement of External Costs: If a Party incurs external costs to certify non-performance, such costs shall be reimbursed by the defaulting Party.

The Buyer shall notify the Seller of planned maintenance activities at least 10 days in advance.

In the event of unforeseen circumstances, the Buyer shall notify the Seller within 3 working days after their occurrence.

Upon the introduction of a 15-minute settlement period, the pricing terms may be subject to revision.

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