Approved Project Incentive Sample Clauses

Approved Project Incentive. (a) The estimated Project Incentive for the Project is based upon the parameters below: Estimated Eligible Costs $[♦] Estimated Annualized Electricity Savings [♦] MWh One-Year Project Payback (estimated) $[♦] (b) The actual Project Incentive is an amount calculated in accordance with the Incentive Schedule.
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Approved Project Incentive. (a) The Project Incentive for the Project is based upon the parameters below, as found in the Participant’s Pro ect Incentive Application, Preliminary Engineering Study and Detailed Engineering Study, as applicable: Estimated Eligible Costs $[•] Estimated Annualized Electricity Savings [•] MWh One-Year Project Payback (estimated) $[•] (b) Subject to adjustment in accordance with Schedule “C”, the Project Incentive is an amount equal to the lowest of the following calculated using the parameters in Section 1.3(a) of Schedule “B”: (i) 70% of the Estimated Eligible Costs of the Project (including a WER Project) or, in the case of a CCHP Project, 40% of such Eligible Costs; (ii) the product of the Estimated Annualized Electricity Savings multiplied by $200/MWh; and (iii) where (A) the Expected Life is 5 years or greater, the One-Year Project Payback (estimated), or (B) the Expected Life is less than 5 years, the One-Year Project Payback (estimated) multiplied by the number of years in the Expected Life divided by 5; to a maximum of $1,000,000.00. (c) The Project Incentive is $[•]. (d) The estimated Net Project Incentive is $[•]. Conservation First Framework - Process And System Upgrades Program - Page 1 -
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Approved Project Incentive. (a) The Project Incentive for the Project is based upon the parameters below, as found in the Participant’s Project Incentive Application, Preliminary Engineering Study and Detailed Engineering Study, as applicable: Estimated Eligible Costs $[•] Estimated Annualized Electricity Savings [•] MWh One-Year Project Payback (estimated) $[•] (b) Subject to adjustment in accordance with Schedule “C”, the Project Incentive is an amount equal to the lowest of the following calculated using the parameters in Section 1.3(a) of Schedule “B”: (i) 70% of the Estimated Eligible Costs of the Project; (ii) the product of the Estimated Annualized Electricity Savings multiplied by $230/MWh; and (iii) the One-Year Project Payback (estimated); to a maximum of $1,000,000.00. (c) The Project Incentive is $[•]. (d) The estimated Net Project Incentive is $[•].
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Related to Approved Project Incentive

  • PROJECT WORK PLAN The Statement of Work is the formal document incorporated into the Grant. The Project Work Plan documents how the Grantee will achieve the performance measures outlined in the Grant. Changes to the Statement of Work require an amendment. Project Work Plans may be changed with written approval from DFPS and the Grantee.

  • Annual Work Plans and Budgets The Recipient shall furnish to the Association as soon as available, but in any case not later than September 1 of each year, the annual work plan and budget for the Project for each subsequent year of Project implementation, of such scope and detail as the Association shall have reasonably requested, except for the annual work plan and budget for the Project for the first year of Project implementation, which shall be furnished no later than one (1) month after the Effective Date.

  • Work Plan [Procuring Entity shall provide main features of the work plan that the Tenderer should provide in the tender for carrying out the contract, from beginning to the end].

  • Performance Improvement Plan timely and accurate completion of key actions due within the reporting period 100 percent The Supplier will design and develop an improvement plan and agree milestones and deliverables with the Authority 3.2 The Authority may from time to time make changes to the KPIs measured as set out in paragraph 3.1 above and shall issue a replacement version to the Supplier. The Authority shall give notice In Writing of any such change to the KPIs measured and shall specify the date from which the replacement KPIs must be used for future reports. Such date shall be at least thirty (30) calendar days following the date of the notice to the Supplier.

  • Project Goals The schedule, budget, physical, technical and other objectives for the Project shall be defined.