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SCHEDULE 3-DISTRIBUTED ENERGY RESOURCES INTERCONNECTION PROCESS <br /> construction and installation of the Area EPS Operator's Interconnection <br /> Facility and Upgrades. The Area EPS Operator shall provide the <br /> Interconnection Customer with a final accounting report identifying the <br /> difference between the actual Interconnection Customer's cost responsibility <br /> and the Interconnection Customer's previous aggregate payments to the Area <br /> EPS Operator for the specific DER system interconnection. Upon the final <br /> accounting submitted to the Interconnection Customer, the balance between <br /> the actual cost and previously aggregated payments shall be paid to the Area <br /> EPS Operator within twenty (20) Business Days. If the balance between the <br /> actual cost and previously aggregated payments is a credit, the Area EPS <br /> Operator shall refund the Interconnection Customer within twenty(20) <br /> Business Days. <br /> 9.4.4 Final Interconnection Costs without Facilities and Upgrades Needed <br /> Within thirty (30) Business Days the final invoice for the interconnection costs <br /> shall be rendered to the Interconnection Customer once the proposed DER <br /> system has been commissioned by the Area EPS Operator, or upon the <br /> commissioning being waived by the Area EPS Operator.The Interconnection <br /> Customer shall make payment to the Area EPS Operator within twenty-one <br /> (21) Business Days of receipt, or as otherwise stated in the Uniform Contract <br /> or MMIA. <br /> 9.6. Security of Payment <br /> At the option of the Area EPS Operator, either the "Traditional Security" or the <br /> "Modified Security" method shall be used for assurance of payment of interconnection <br /> cost. <br /> Under the Traditional Security method, the Interconnection Customer shall provide <br /> reasonable, adequate assurances of credit, including a letter of credit or personal <br /> guaranty of payment and performance from a creditworthy entity acceptable under the <br /> Area EPS Operator credit policy. The letter of credit shall also include procedures for <br /> the unpaid balance of the estimated amount shown in the Interconnection Agreement <br /> for the totality of all anticipated work or expense incurred by the Area EPS Operator <br /> associated with the Interconnection Application.The payment for these estimated <br /> costs shall be as follows: <br /> • 1/3 of estimated costs shall be due no later than when the Interconnection <br /> Customer signs the Interconnection Agreement. <br /> 17 <br /> 197 <br />