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III. Rates: <br /> The bid documents shall require the ARES to provide the rate information in the <br /> following format: <br /> Length of Best Rate 25% RECs 50% RECs 75% RECs 100% RECs <br /> contract Mix Mix Mix Mix Mix <br /> 12 month <br /> 17 month <br /> 24 month <br /> 36 month <br /> The City's intent in soliciting the bids is to provide residents with delivered electricity <br /> prices that are always less than Ameren's applicable rates. The City is also interested in <br /> selecting a renewable energy option in a cost effective way with a Price Match <br /> guarantee. <br /> Price Match: The lowest that supports a "Utility Price Match" meaning the ARES will be <br /> required to match future Ameren tariff rates in the event Ameren tariff rates decrease in <br /> price below the program price per kilowatt-hour. <br /> IV. Other Charges: <br /> The selected ARES will not impose any terms, conditions, fees or charges on any <br /> Member served by the Aggregation Program other than the rate quoted above and a <br /> reasonable administrative fee for customers who opt out after the initial opt out process <br /> and rescission periods are concluded. <br /> V. Disclosure: <br /> In bidding, the ARES shall disclose the percentage of the rate that is attributable to <br /> administrative services and the energy consultant's commission. <br /> VI. Opt Out notifications: <br /> Bidders shall describe the manner and time in which the Opt Out Notification process will <br /> be handled and the manner in which it communicates with Ameren IP to track customer <br /> participation in the Aggregation. <br /> VII.Mid-term customer additions: <br /> Bidders will offer the same price/kWh to the customers who want to join the Aggregation <br /> after the beginning of the Service Agreement, including customers who relocate within <br /> the City and new customers who establish new electric service. <br /> VIII. Qualifications: <br /> Bidders will demonstrate that they meet all of the qualifications listed in Section 4 below. <br /> IX. PIPP and LIHEAP participation: <br /> Bidders must participate in the PIPP and LIHEAP programs. Bidders will also describe <br /> their process for notifying customers that PIPP and LIHEAP will continue to be able to be <br /> utilized under the municipal aggregation program <br /> X. Subcontractors: <br /> Bidders shall not employ any subcontractors other than as necessary for administrative <br /> tasks such as notices and printing, without the prior authorization of the City. All <br /> subcontractors will be held to the same strict confidentiality standards applicable to the <br /> ARES and will be required to otherwise comply with the requirements of the Service <br /> Agreement. The use of subcontractors whether approved or unapproved will not relieve <br /> the ARES from the duties, terms and conditions in the Service Agreement. Bidders shall <br /> Page 11 of 21 <br />