How is Retail Customer defined in a legal contract?
- Retail Customer means any person that purchases retail electric energy for its own consumption. Seen in 71 SEC filings
- Retail Customer means a single entity using electric Seen in 19 SEC filings
- Retail Customer means a customer that purchases electricity for residential, commercial, or industrial use. Seen in 19 SEC filings
- Retail Customer means the separately metered end-use customer who purchases and ultimately consumes electricity. Seen in 13 SEC filings
- Retail Customer means any person that purchases retail electric energy for its own consumption at one or more metering points or nonmetered points of delivery. Seen in 10 SEC filings
- Retail Customer means a consumer or subscriber, other than a licensee. Seen in 7 SEC filings
- Retail Customer means a person who purchases goods retail. Seen in 7 SEC filings
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Retail Customer means a person or entity purchasing goods or electricity for personal, commercial or industrial consumption.
Relevant Contract Types
Relevant Circumstances
- When a person is setting up an agreement for selling products
- When an entity intends to purchase electricity for their business premises
- When the contract necessitates clear identification of the purchaser
Relevant Sectors
Genie Definition 2
Retail Customer means an end-use customer who purchases and consumes electricity, metered separately.
Relevant Contract Types
Relevant Circumstances
- When the customer’s electricity usage needs to be metered separately
- When establishing terms for a power purchase agreement
Relevant Sectors
Genie Definition 3
Retail Customer means a subscriber or consumer, not being a licensee.
Relevant Contract Types
Relevant Circumstances
- Setting up a new subscription service
- Drafting up a licensing agreement where the customer is not the licensee
Relevant Sectors
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Retail Customer means a person or entity purchasing goods or electricity for personal, commercial or industrial consumption
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