Common use of MEASUREMENT AND VERIFICATION Clause in Contracts

MEASUREMENT AND VERIFICATION. VI.1 The Project Sponsor shall input or upload all project details and documentation to the Xcel Energy online tracking system in order to measure and verify the Demand Savings and Energy Savings that result from the Measures installed as a part of the Project as set forth in the Measurement and Verification Plan found in the Final Application, which is attached hereto as Exhibit B. VI.2 Within thirty (30) days of the conclusion of the Performance Period, the Project Sponsor shall submit the project details and documentation electronically for review and approval to Xcel Energy documenting the Measured Demand Savings and Measured Energy Savings for the Performance Period. If the project details or documentation are deficient, Xcel Energy will provide notice of the deficiency, and the Project Sponsor shall revise and resubmit the project until it is approved by Xcel Energy. Any necessary revisions shall be performed in the time-period specified by Xcel Energy in the notice of deficiency. Xcel Energy may decline to make incentive payments associated with project deficiencies that are not revised as requested by Xcel Energy.