Program administrator cost test definition

Program administrator cost test or "utility cost test" means a cost effectiveness test that measures the costs incurred by the program administrator, including incentive costs, and excluding net costs incurred by the participant, compared to the benefits incurred by the program administrator.
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Program administrator cost test or “PACT”) ” means a cost-effectiveness test designed to minimize measure the ratio of the benefits to the utility to the costs incurred by the utility. ( the net present value of a utility’s
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Examples of Program administrator cost test in a sentence

  • There are many ways to express the results, including lifecycle revenue im­ pact, annual or first-year revenue impact, benefit-cost ratio, and net benefits.• Program administrator cost test.

  • There are many ways to express the results, including lifecycle revenue im­ pact, annual or first-year revenue impact, benefit-cost ratio, and net benefits.• Program administrator cost test.

  • The SPM outlines four cost tests that measure cost- effectiveness of utility-sponsored EE programs: • Participant cost test (PCT)• Total resource cost test (TRC) 6 http://www.cpuc.ca.gov/PUC/energy/electric/Energy+Efficiency/EM+and+V/• Ratepayer impact measure test (RIM)• Program administrator cost test (PAC).The cost tests can each be calculated in three ways: (1) as a NPV of total benefits minus total costs; (2) a ratio of total benefits to total costs; or (3) as a total levelized cost.

  • The five cost-effectiveness tests commonly used across the country are listed below: • Participant cost test (PCT).• Program administrator cost test (PACT).2• Ratepayer impact measure test (RIM).• Total resource cost test (TRC).• Societal cost test (SCT).

Related to Program administrator cost test

  • Program Administrator means the person retained by the Wisconsin PACE Commission as provided in subsection (5)(b).

  • SOFR Administrator means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

  • Program Manager means the HCAI manager responsible for the grant program.

  • Property Administrator means an authorized representative of the Contracting Officer appointed in accordance with agency procedures, responsible for administering the contract requirements and obligations relating to Government property in the possession of a Contractor.