Contracts and Agreements

Referring to Clause 6.14(b) of the CRESS Guidelines outlines "EUC will issue an electricity bill to the Green Consumer for every billing cycle period, being: (a) the period beginning on the Commencement Date and ending on the date on which the first bill is issued by EUC to the Green Consumer, following the occurrence of such Commencement Date; (b) each one (1) month period thereafter during the term of the CRESA between EUC and Green Consumer; and (c) the period beginning from the date following the last date of the immediate preceding bill and ending on the date the CRESA between EUC and Green Consumer expires in accordance with its terms. i. Are there any restrictions to Bilateral Energy Supply Contracts between RED and Green Consumer having term extensions? ii. Can extensions of term be reflected on a like-for-like basis in the other key contracts, such as the CRESA between Green Consumer and TNB? iii. Would the CRESA be similar to the Electricity Supply Agreement TNB has with large power consumers, or in a reduced and simplified form?

i. There is no restriction on the extension of the term of the Bilateral Agreement under CRESA.

ii. CRESA is perpetual unless earlier terminated in accordance with the terms and conditions of CRESA.

iii. CRESA is based on the Electricity Supply Agreement in a reduced and simplified version to suit the CRESS scheme.