What are Guaranteed Commitments premiums and term lengths?

Archera Guaranteed Commitment have two variable components, a term length and a Premium, that are inversely related. The longer the term length, the lower the premium, and vice versa - shorter term lengths have higher premiums. The Guaranteed Commitment Premium is the difference between the standard Savings Rate of the underlying standard RI/SP, and the net savings rate of the Guaranteed Commitment. You can see the Guaranteed Commitment premiums on your invoice page.

Keep in mind, Guaranteed Commitment premiums are only assessed on realized savings. Meaning - if for some reason you can't use the underlying infrastructure, you aren't responsible for the premium.