Assisted project definition
Assisted project means a project which is initiated and developed by an entity other than the corporation, and which is being provided state assistance to lower sales prices or rental rates.
Assisted project means a construction project sited in Maine that involves a renewable energy project, an energy efficiency project, or projects for the production of energy for which the generator will be entitled to participate in the Net Energy Billing program, or is a construction project related thereto, as to which the state or an agency thereof provides economic assistance of any kind, including but not limited to payments pursuant to power purchase agreements, certifications that entitle the generator to renewable energy credits, rebates, grants, loans, commitments of funds or tax abatements and or tax exemptions, or other assistance, provided that the financial value of the economic assistance is at least $50,000. For purposes of this section, an “agency of the state” shall include, but not be limited to, the Efficiency Maine Trust and the Public Utility Commission. Where the state or an agency thereof provides a certification that will entitle a generator to renewable energy credits, the certification shall include a valuation of the renewable energy credits estimated to be derived from that certification, based on the market price for renewable energy credits at the time of the certification multiplied by the projected duration of the recipient’s generation of power eligible for such certification, which duration shall be projected to be no less than twenty years. These calculations shall be disclosed to the public at the time the certification is issued.
Assisted project means a construction project for which requests for bids or proposals are initiated after the date of enactment into law, including requests for bids or proposals that supplement a process started on or before enactment into law:
Examples of Assisted project in a sentence
Assisted project manag- ers with locating potential wells/wellfields based on topology, cone-of-depression, and other hydrologic constraints.
More Definitions of Assisted project
Assisted project means a construction project: