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Selling Excess Renewable Power

Some people choose to install power-generating sources, such as solar panels or wind turbines. This is called Distributed Renewable Generation, or a DRG system. There may be times when these customers produce more power than they can use. This excess power may be sold to an electric company. Selling this …

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Buying Renewable Power

As the population of Texas grows, the demand for electricity also grows. Texas currently produces and consumes more electricity than any other state. Because of its size, diverse climate, and abundance of natural resources, Texas has tremendous potential to generate renewable resources that greatly enhance the diversity of our electric …

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How Can I Get a Standby Letter of Credit?

The procedure for obtaining a standby letter of credit involves the applicant applying to a bank, establishing credit worthiness, and usually putting up cash collateral and paying a fee. A standby letter of credit, commonly referred to as an SLC or LOC, is a written obligation of the bank issuing …

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Reasons for Bank Guarantees and How to Get One

A bank guarantee serves as a promise from a commercial bank that it will assume liability for a particular debtor if its contractual obligations are not met. In other words, the bank offers to stand as the guarantor on behalf of a business customer in a transaction. Most bank guarantees …

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Forex Trading in the United State

Forex Trading in the United States The worldwide forex market is extremely liquid, with an enormous daily trading volume. Furthermore, the market is open for trading 24 hours a day, five days a week, which allows you to set your own trading schedule. Therefore, because of its advantages and conveniences, …

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Letter Of Credit (LC) at Capital First Finance Ltd

Letter of Credit Works A direct-pay letter of credit is a payment mechanism whereby the issuer undertakes to pay the beneficiary by immediately accepting and honoring the draft, so long as the requirements of the draft document have been met and the issuer has no other reason to question the …

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