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| General
Rules and Eligibility Requirements |
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Available to
all C&I customers with peak demand of at least 100 kW at a single
site or a combined peak demand of at least 250 kW at multiple sites |
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Retrofit and
new construction projects |
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Incentives paid
to Project Sponsors for verified demand
and energy savings |
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Project Sponsors
may be any company, contractor, or customer who installs energy efficiency
projects |
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Project Sponsor
may receive no more than 20% of the annual
incentive budget |
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Minimum summer
peak demand reduction of 20 kW |
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Similar sites
with similar measures can be combined as one project |
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Measures
must reduce demand and energy usage during peak period, defined as
May 1 to September 30 between 1 P.M. and 7 P.M. |
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Savings must
be achieved through increases in energy efficiency |
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Measures must
have a useful life of at least 10 years |
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Installed measures
must exceed minimum equipment efficiency
standards |
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| Sponsor
Participation Process |
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Register to participate
as a Project Sponsor using TrakSmart |
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Use TrakSmart
to develop and submit an Initial Application
and reserve funding for your project |
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Enter into a
Standard Agreement with CenterPoint
Energy and submit an application deposit
and notarized Letter of Intent |
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Use TrakSmart
to submit a Final Application |
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Install
proposed measures |
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Use TrakSmart
to submit an Installation Report and
request an initial payment |
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Use TrakSmart
to submit a Savings Report and request
the final payment |
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| Incentives |
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$198 per kW reduction
and $.068 per kWh saved |
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Initial payment
of 40% will be made after measures have been installed and inspected |
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Final payment
of up to 60% will be made upon approval of Savings Report |
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Projects with
65% or more of their savings achieved through lighting measures will
receive a reduced incentive |
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Projects with
load factors over 100% will receive a reduced incentive |
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| Measurement
and Verification (M&V) |
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Project Sponsors
are responsible for conducting all project
M&V |
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M&V
approaches can be classified according to their relative level
of detail and rigor; this program involves three distinct approaches:
- Deemed -
predetermined energy savings values for particular applications
- Simple M&V
- energy savings are based on typical equipment characteristics
and some short-term testing or simple metering
- Full M&V
- requires project-specific plan developed in accordance with
International
Performance Measurement and Verification Protocol
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