Energy optimization credit definition
Energy optimization credit means a credit certified pursuant to section 87 that represents achieved energy optimization.
Energy optimization credit means a credit certified pursuant to the Act that represents achieved energy optimization. "Energy optimization" means energy efficiency; load management, to the extent that it reduces overall energy use; and energy conservation, but only to the extent that the decreases it produces in electricity consumption are measured objectively and attributable to an energy optimization plan (described below). "Energy efficiency" means a decrease in customer consumption of electricity or natural gas achieved through measures or programs that target customer behavior, equipment, devices, or materials without reducing the quality of energy services. "Load management" means measures or programs that target equipment or devices to result in decreased peak electricity demand, such as by shifting demand from a peak to an off-peak period.