Notification of Purchase or Sale of Flexibility Account Credit - Arizona

Notification of Purchase or Sale of Flexibility Account Credit is a legal document that was released by the Arizona Department of Water Resources - a government authority operating within Arizona.

FAQ

Q: What is a Flexibility Account Credit?
A: A Flexibility Account Credit is a form of compensation that electric utility companies provide to customers who reduce their electricity usage during peak demand periods.

Q: Why would someone receive a notification about a purchase or sale of a Flexibility Account Credit?
A: Customers may receive a notification when their utility company purchases or sells Flexibility Account Credits on their behalf.

Q: What does it mean when a utility company purchases a Flexibility Account Credit?
A: When a utility company purchases a Flexibility Account Credit, it means they are buying the right to use that credit to offset their own demand in the future.

Q: What does it mean when a utility company sells a Flexibility Account Credit?
A: When a utility company sells a Flexibility Account Credit, it means they are transferring the right to use that credit to another entity.

Q: How does the purchase or sale of a Flexibility Account Credit affect customers?
A: The purchase or sale of a Flexibility Account Credit does not have a direct impact on customers. It is a behind-the-scenes transaction that helps utilities manage electricity demand more efficiently.

Q: Are customers compensated for their Flexibility Account Credits?
A: Customers are generally compensated for their Flexibility Account Credits through various incentive programs offered by their utility companies.