05Chapter 5 · Commercial Terms

Clear pricing, clear ownership, clear duties.

One rate, one meter, one monthly invoice. UtCS funds, owns and operates the system; Sugar Beach provides the site and pays for the energy delivered — while keeping its CEB account.

Starting UtCS rate: MUR 7.6415/kWh
CEB benchmark: MUR 8.9900/kWh
Billing cadence: Monthly
Payment terms: Within 30 days

Who does what

The division of responsibilities between UtCS and Sugar Beach across funding, operation, security and payment.

Responsibility matrix showing which obligations belong to UtCS and which to Sugar Beach.
Responsibility	UtCS	Sugar Beach	Detail
Fund the system	Yes	No	UtCS finances the project; not a customer upfront bill.
Design, install & commission	Yes	No	Design, procurement, installation, metering and commissioning by UtCS.
Own & operate the system	Yes	No	UtCS retains ownership during the contract unless transferred by written agreement.
Maintain the system	Yes	No	At least two planned visits per year plus fault rectification.
Provide roof access & rights	No	Yes	Sugar Beach provides site access, structural readiness and electrical information.
Bank guarantee (security)	No	Yes	Schedule 3 — first-class Mauritian bank guarantee covering ~3 months of projected output cost.
Pay for metered system energy	No	Yes	Monthly invoices for metered UtCS system energy, within 30 days.
Retain CEB account & charges	No	Yes	CEB fixed charges, demand charges and non-substituted energy remain with the customer.

Ownership & the option to buy

UtCS retains ownership of the system through the term. At specified end points, Sugar Beach may purchase it at independently determined fair market value within a 30-day window — an option, not a free or fixed-price transfer.

Liability is capped by reference to the preceding twelve months of service invoices, with indirect and consequential loss excluded. Protection is real but not unlimited.

Security: a bank guarantee

Schedule 3 requires a first-class Mauritian bank guarantee covering roughly three months of projected output cost — the customer's security obligation, to be confirmed on execution.

CEB obligations stay with Sugar Beach

CEB fixed charges, demand charges and any energy not supplied by the UtCS system remain billed by CEB. This agreement covers the UtCS system energy only.