04 NCAC 11 R08-25
(c) Consumers desiring service in excess of 25 HP may be required to enter into term contracts with the utility supplying service, for the period established in the schedule of rates filed with the Commission. Failure to enter into contract for the period specified in the rate schedule will entitle the utility to impose a surcharge of five percent on all bills rendered to such consumers. The utility shall not be required to supply service for a period of less than one year except under rate schedules designed expressly for short‑term service. In case of initial contracts for service where the investment required of the utility is large, the Commission may require contracts of sufficiently long term to justify the investment, regardless of the provisions of the rate schedule filed for such service.
(NCUC Docket No. E‑100, Sub 16, 2/9/73.)