Spending Requireme nts Clause Samples

Spending Requireme nts. 1. During Plan 4, notw ithstanding the portfolio flexibility provisions of the Illinois Energy Efficiency Policy Manual, Peoples Gas agrees to spend an average of at least $8.81 million per year over the 2018-2021 (i.e. outside of the regular Residential program portfolio), through jointly delivered NS-PG and ComEd electric Low Income programs, as described in this Stipulation and in its filed Plan. This amount excludes the allocations for Public Housing in the Companies’ Public Sector Program budget, as well as any allocation of portfolio-level costs. 2. During Plan 4, notw ithstanding the portfolio flexibility provisions of the Illinois Energy Efficiency Policy Manual, North Shore Gas agrees to spend an average of at least $465,948 per year over the 2018-2021 on low income sector targeted programs or initiatives (i.e. outside of the regular Residential program portfolio), through jointly delivered PGL/NS gas and ComEd electric Low Income programs, as described in this Stipulation and in its filed Plan. This amount excludes the allocations for Public Housing in the Companies’ Public Sector Program budget, as well as any allocation of portfolio- level costs.