Effective Useful Life definition

Effective Useful Life means the median number of years of expected operation of a specific Measure, i.e. the time until half the units would be expected to have failed or been removed.
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Effective Useful Life means the length of time over which a Measure will provide Electricity Savings. For technology-based Measures the EUL is typically based on an estimate of the number of years the equipment will operate to a certain standard. For non-technology or behaviour-based Measures, the EUL may be defined differently as specified in the Stage 2 Application.
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Effective Useful Life or “EUL” - An estimate of the median number of years that the measures installed under the Program are still in place and operable as defined by the M&V plan.
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Examples of Effective Useful Life in a sentence

  • See Navigant ‘ComEd Effective Useful Life Research Report’, May 2018.

  • Short-term needs that have outlived their Effective Useful Life (EUL) must be included in a proposed rehabilitation (20YCE Year One).

  • As recommended in Navigant ‘ComEd Effective Useful Life Research Report’, May 2018.

  • The gross amounts of the annual energy and capacity savings are reduced by appropriate net‐to‐gross ratios for the particular measure or end‐use and extended through their useful lives by the appropriate effective useful life estimates (see more information in Net‐to‐Gross and Effective Useful Life sections below).

  • The Impact, M&V, Process, Market Effects, Sampling and Reporting Protocols were developed first, and followed by the development of the Codes and Standard, Emerging Technology, and Effective Useful Life Protocols.

  • At the time of application to the Program, the existing equipment cannot exceed its Effective Useful Life (EUL) and should have at least one year of its EUL remaining (Refer to Appendix P in the latest version of the TRM for EUL for various heating/cooling equipment).

  • Effective Useful Life Protocol: The Effective Useful Life Protocol is designed to guide evaluation approaches for establishing the effective useful life of program measures, including approaches for evaluating measure retention and technical degradation of measure performance.

  • Two important distinctions fall under this definition; Effective Useful Life (EUL) and Remaining Useful Life (RUL).

  • Effective Useful Life (EUL) The median number of years that a measure is in place and operational after installation.

  • Further, we will continue to coordinate with other evaluation teams in the state on research related to Effective Useful Life (EUL).


More Definitions of Effective Useful Life

Effective Useful Life or “EUL” means the estimate of the median number of years the Project is installed and is still in place and operable.
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Related to Effective Useful Life

  • Useful life means the relevant period of distance and/or time over which compliance with the relevant gaseous and particulate emission limits has to be assured.

  • Active User means PSC employees, and any users actively participating on the system in any given month of operation, who shall be bound to the terms and conditions of this Agreement. Licensor does not impose a limit on the number of Active Users accessing or registering to use the system.

  • Administrative User means any of Your employees, consultants, independent contractors or customers to whom You grant administrative permission to access the Services in accordance with Company’s entitlements and procedures and this Agreement (where “administrative permission” includes, but is not limited to, the right to create, modify and delete User accounts, as well as the right to access and modify Your billing information and other functionality available through Company’s administrative control panel).

  • Unoccupied means the dwelling is not being inhabited as a residence.

  • Effective Amount means with respect to any Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowing and prepayments or repayments thereof occurring on such date.

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Capacity Utilization Factor or “CUF” Shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time. Here, the CUF is expressed in AC terms.

  • Rear fog lamp means the lamp used to make the vehicle more easily visible from the rear in dense fog;

  • Cooling Off Period means the duration of time counted from the date when the direct seller and the direct selling entity enter into an agreement and ending with the date on which the contract is to be performed and within which direct seller may repudiate the agreement without being subject to penalty for breach of contract.

  • Type 1 Installation means any Technical Installation upon which all SW deployed is licensed for Use with, and is running on, such TPD;

  • Useful beam means the radiation emanating from the tube housing port or the radiation head and passing through the aperture of the beam-limiting device when the exposure controls are in a mode to cause the system to produce radiation.

  • Expansion Factor has the meaning ascribed thereto in Section 2.3(a);

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • We/Us/Our means Future Generali India Life Insurance Company Limited.

  • Anticipated county property tax revenue availability means the

  • Type 3 Installation means any Technical Installation upon which none of the SW, or only a portion of the SW, deployed is licensed for Use with such TPD, and therefore a TPD is not deployed or running.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Type 2 Installation means any Technical Installation upon which all SW deployed is licensed for Use with, but is not running on, such TPD; and,

  • Property tax increment means the amount obtained by:

  • Maintenance Period means the period so specified in an adoption agreement as a period of time—

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Rear Yard means a yard extending across the full width of a parcel measured perpendicularly from the rear wall(s) of the main building situated on the parcel to the rear property boundary of the parcel [see sketch in Schedule B];

  • Subproject means a development activity proposed by a Beneficiary under Part A.2 (d) of the Project and financed or to be financed through a Subproject Grant (as hereinafter defined) made out of the proceeds of the Development Credit;

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.