Common use of Ineligible Projects Clause in Contracts

Ineligible Projects. None of the following types of Projects qualifies as an Eligible Project: (a) a Project that the LDC determines is more appropriately funded by another IESO or other existing program; (b) a Project with a Project Payback of less than one year; (c) Lighting; (d) Demand Response; (e) a Project designed to reduce voltage or improve power factor or power quality, other than as an ancillary benefit to obtaining Electricity Savings; (f) a Project that is not reasonably expected to achieve its Minimum Expected Life; (g) a Project that involves installation of any equipment or system if such equipment or system, or the operation of either, would not comply with all Applicable Laws; (h) except as otherwise approved in writing by the LDC, a Project for which any financial incentive has been, is being or may be received from the IESO (other than an Incentive), the Province of Ontario or any agency thereof; (i) prior to submitting a Preliminary Engineering Study Funding Application, a Detailed Engineering Study Funding Application or a Project Incentive Application, the Participant has approved the undertaking of a Preliminary Engineering Study, a Detailed Engineering Study or a Project in respect of the Project Incentive Application, entered into an agreement with a contractor or consultant (except to prepare a Detailed Engineering Study in respect of a Project Incentive Application), or ordered or purchased any equipment for use in relation to the Project; (j) a Generation Project, unless otherwise approved in writing by the LDC and provided that it meets all the criteria set out in this Agreement; or