price cap contract

(3) Price cap contract The term “price cap contract” means a contract between a retailer and a consumer under which the retailer charges the consumer the market price for propane, kerosene, or heating oil, but the cost of the propane, kerosene, or heating oil may exceed a maximum amount stated in the contract.

Source

42 USC § 6283(a)(3)


Scoping language

In this section
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