Common use of M&V Reports Clause in Contracts

M&V Reports. Upon receipt of all relevant data and any other information required pursuant to the M&V Plan, the IESO will request the Technical Reviewer to complete an M&V Report for each M&V Reporting Period specified in the M&V Plan within a reasonable period of time. The Technical Reviewer will provide a copy of each M&V Report to the IESO and the Participant within ten (10) Business Days of receipt of all required information. The Electricity Savings as determined by the Technical Reviewer and set out in any M&V Report will be used by the IESO and the Technical Reviewer, among other things, to assess whether the Project has achieved at least 90% of the Anticipated Electricity Savings for such M&V Reporting Period.

M&V Reports. Upon receipt of all relevant data and any other information required pursuant to the M&V Plan, the IESO LDC will request the Technical Reviewer to complete an M&V Report for each M&V Reporting Period specified in the M&V Plan within a reasonable period of time. The Technical Reviewer will provide a copy of each M&V Report to the IESO LDC and the Participant within ten (10) Business Days of receipt of all required information. The Electricity Savings as determined by the Technical Reviewer and set out in any M&V Report will be used by the IESO LDC and the Technical Reviewer, among other things, to assess whether the Project has achieved at least 9080% of the Anticipated Electricity Savings for such M&V Reporting Period.