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ELK RIVER MUNICIPAL UTILITIES <br /> Commercial All Electric with Ground Source Heat Pump (GSHP) <br /> Minimum Bill: Basic Monthly Electric Charge <br /> Terms of Payment: Bills are due and payable upon receipt and are considered <br /> delinquent if not paid by the due date noted on the bill. There will be a ten (10) percent <br /> late payment charge added to all accounts that are not paid by the due date. <br /> Terms and Conditions: <br /> 1. Usage may be fractionalized on the actual days of service for application of a change <br /> in rate, or changing from summer to winter or from winter to summer rates. <br /> 2. Service will be furnished pursuant to Elk River Municipal Utilities' rules. <br /> 3. Extensions made for service under this schedule are subject to the provisions of Elk <br /> River Municipal Utilities' rules governing Extension of Service and Facilities. <br /> 4. The rates set forth herein may be modified by the amount of any governmental <br /> changes imposed and levied on transmission, distribution, production, or the sale of <br /> electrical power. <br /> 5. Exceptions by management approval only. <br /> Approved Adopted October 11, 2016 <br /> Effective September 20, 2016 <br /> 150 <br />