Confirmation Letter for Power Purchase and Sale between Exelon Generation Company, LLC and Commonwealth Energy Corporation

Summary

This agreement confirms the sale and purchase of a specified energy product between Exelon Generation Company, LLC and Commonwealth Energy Corporation (doing business as electricAMERICA). The contract outlines the product, delivery schedule, and payment terms, with Exelon as the seller and Commonwealth as the buyer. The transaction is governed by a previously signed EEI Master Power Purchase & Sale Agreement, with this confirmation taking precedence in case of conflicting terms. Key details such as product type, term, quantity, and price are confidential. Exelon will bill Commonwealth twice monthly for the energy supplied.

EX-10.20 5 a94018exv10w20.txt EXHIBIT 10.20 Exhibit 10.20 [EXELON LETTERHEAD] Exelon Generation Company, LLC ###-###-#### 300 Exelon Way Kennett Square, PA 19348 TO: Ian Carter COMPANY: Commonwealth Energy Corporation (d/b/a/ electricAMERICA) This confirmation letter ("Letter") shall confirm the agreement reached on July 22, 2003, between Commonwealth Energy Corporation and Exelon Generation Company, LLC, for the sale and purchase under the terms and conditions as follows: Seller: Exelon Generation Company, LLC ("Exelon") Buyer: Commonwealth Energy Corporation ("Commonwealth") Product: [Confidential Treatment Requested] Term: [Confidential Treatment Requested] Start Date: [Confidential Treatment Requested] End Date: [Confidential Treatment Requested] Quantity: [Confidential Treatment Requested] Schedule: 7 x 24 (around the clock) Delivery Point: PECO Transmission Zone, PJM Interconnection Price: [Confidential Treatment Requested] Operations: Exelon will initiate a contract or contracts in eSchedules or its successor. Such contract or contracts will be designated as "real-time" and will identify PECO Zone as source and sink. Payment: Exelon will bill Commonwealth twice per month in arrears in accordance with the following billing schedule: [Confidential Treatment Requested] Enabling Authority: This Confirmation is entered into under that certain EEI Master Power Purchase & Sale Agreement between Commonwealth and Exelon dated as of July 1, 2003 (the "Master Agreement"). In the case of a conflict between the terms of this Confirmation and the Master Agreement, the terms of this Confirmation will govern over those of the Master Agreement. All terms not defined herein shall have the meaning ascribed to them in the Master Agreement. -2- EXELON GENERATION COMPANY, LLC COMMONWEALTH ENERGY CORPORATION By: /S/ IAN MCLEAN /KWC By: /S/ IAN B. CARTER ---------------------------------- ---------------------------- Name: Ian McLean Name: Ian B. Carter Title: President of Exelon Power Team Title: Chairman & CEO -3-