Participant test definition

Participant test means an economic test used to compare the present value of benefits to the present value of costs over the useful life of an energy efficiency measure or program from the participant’s perspective. Present values are calculated using a discount rate appropriate to the class of customers to which the energy efficiency measure or program is targeted. Benefits are the sum of the present values of the customers’ bill reductions, tax credits, and customer incentives for each year of the useful life of an energy efficient measure or program. Costs are the sum of present values of the customer participation costs (including initial capital costs, ongoing operations and maintenance costs, removal costs less a salvage value of existing equipment, and the value of the customer’s time in arranging installation, if significant) and any resulting bill increases for each year of the useful life of the measure or program. The calculation of bill increases and decreases must account for any time-differentiated rates to the customer or class of customers being analyzed.
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Participant test means a method of determining the overall economic efficiency of a demand management program from the perspective of program participants
Sample 1
Participant test means an economic test used to compare the present value of benefits to the present value of costs over the useful life of an energy efficiency measure or program from the participant’s perspective. Present values are calculated using a discount rate appropriate to the class of customers to
Sample 1

Examples of Participant test in a sentence

  • As used in this rule, (ee) "Participant test" means a cost-effectiveness test that measures the difference between the cost incurred by a participant in a demand-side program and the value received by the participant.

  • Participant test results will be kept in confidential files separate and apart from his or her other educational records and shall be disclosed only to those personnel who have a need to be informed regarding the result of the test in order to implement or to oversee implementation of the Program or the consequences for violating the Policy.

  • Should a Participant test positive on a lateral flow test whilst on Israel Tour the Participant will be required to follow the isolation guidance as set out by the government of Israel at the time of the positive test.

  • ATIS shall issue press releases for the Testing at its own discretion; such releases may include a description of the Testing, but will not list Participants or specify Participant test results without the prior written approval of that Participant.

  • Prepaid Expenses and Receivables Transfer Agreement dated July 10, 2007 between Old Lorus and Genesense under which Old Lorus transferred certain prepaid expenses and receivables to Genesense in exchange for the issuance by Genesense of one common share of Genesense.

  • The ACEEE survey found that 36 states (85 percent) consider the TRC test; 28 states (63 percent) consider the PAC test; 23 states (53 percent) consider the Participant test; 22 states (51 percent) consider the RIM test, and 17 states (40 percent) consider the Societal Cost test (ACEEE 2012.

  • Any licensee holding a license which permits the sale and consumption of alcoholic beverages on the premises where sold shall maintain and easily discernible physical barrier between the general dining area and any bar area.

  • The TPA will enter each Participant test result status in the SMDS as noted in Section 3 and within the time frame identified.

  • The Participant test reviews costs and benefits from a program participant’s point of view and ignores the impact on the utility and other ratepayers not participating in the program.

  • This was a stark reminder of the significance of the process and how challenging a surplus staffing situation can be for those involved.I asked her about the proposed timelines and when she hoped to hold the first meeting.


More Definitions of Participant test

Participant test means a cost-effectiveness test that measures the difference between the cost incurred by a participant in a demand-side program and the value received by the participant. A participant's cost includes all costs borne by the participant. A participant's value from a DSM program consists of only the direct economic benefit received by the participant.
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Related to Participant test

  • Participant has the meaning specified in Section 10.06(d).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • EPP test Means one EPP command sent to a particular “IP address” for one of the EPP servers. Query and transform commands, with the exception of “create”, shall be about existing objects in the Registry System. The response shall include appropriate data from the Registry System. The possible results to an EPP test are: a number in milliseconds corresponding to the “EPP command RTT” or undefined/unanswered.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Plan Year means the calendar year.