Standard Offer Program definition

Standard Offer Program means a program under which a utility administers standard offer contracts between the utility and energy efficiency service providers.
Standard Offer Program or “SOP” shall mean a program under which a utility administers standard offer contracts between the utility and the Project Sponsor.
Standard Offer Program means a program or mechanism, established by a provincial government or an entity created by such government for such purpose, through which a standard and simplified contracting process and contractual terms are provided for independent power producers to enter into PPAs for relatively small renewable electricity generating projects;

Examples of Standard Offer Program in a sentence

  • If the volume is greater than the related load, the amount injected to the distribution system should be submitted to the IESO.• The submission includes embedded generation volumes for all non-contracted generation facilities and all contracted generation facilities (Renewable Energy Standard Offer Program, Hydroelectric Contract Initiative and Feed-In Tariff Program).

  • Measure standard efficiencies are identified in the Commercial Standard Offer Program Manual and the equipment survey forms provided by SWEPCO and that can be uploaded into the project sponsor’s project.

  • Note:• Distributors should not submit injections/generation or withdrawal/load from IESO market participants.• The submission must include embedded generation volumes for all non-contracted generation facilities and all contracted generation facilities (Renewable Energy Standard Offer Program, Hydroelectric Contract Initiative and Feed-In Tariff Program).

  • To the extent of any inconsistency between the provisions of the RESOP rules and this section, the RESOP rules shall govern.The Standard Offer Program provides a “standard price” which eligible generators receive by simply complying with the eligibility criteria.

  • Pollution Free™ electricity: If you are enrolled on Pollution Free, Pollution Free Efficient, or Pollution Free Standard Offer Program electricity, Green Mountain ensures that electricity equal to 100% of your electricity usage is produced by wind power generation facilities located in the United States.

  • The Clean Energy Standard Offer Program (CESOP) will support small clean energy generating alternatives including combined heat and power and electricity generated as a by-product of another process.

  • OverviewThe first step to participating in the Commercial Standard Offer Program (CSOP) is to register on the P3 database: https://swepco.p3.enertrek.com/Users/Account/LogOn Your company’s Federal Tax ID number and W-9 will be required.

  • It can be either positive or negative, charged or paid to the LDCs who will settle the contracts with the individual suppliers.The Standard Offer Program Balancing Amount charge type 1460 can be either a payment by the OPA to the IESO to compensate it for payments it makes for this Renewable Energy Standard Offer Program, or a payment by the IESO to the OPA to pass on amounts collected under charge type 1410.

  • Successful proponents may be responsible for executing any necessary transmission service applications and agreements required under the terms of the interconnecting utility’s approved transmission tariff.Transmission service fees are billed to the Vermont distribution utilities participating in the Standard Offer Program.

  • Under the Commercial Standard Offer Program ("SOP"), El Paso Electric Company ("EPE" or the "Company") pays amounts to energy efficiency service providers ("EESPs") who, for the purposes of this SOP, are referred to as "Project Sponsors," for the installation of Measures that save energy and peak-period electric demand.


More Definitions of Standard Offer Program

Standard Offer Program or “SOP” means a program or mechanism, established by a provincial government or an entity created by such government for such purpose, through which a standard and simplified contracting process

Related to Standard Offer Program

  • Rights Offering Procedures means those certain rights offering procedures with respect to the Rights Offering, which rights offering procedures shall be set forth in the Rights Offering Documents.

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Permitted Offer means a tender or exchange offer for all outstanding Common Shares which is at a price and on terms determined, prior to the purchase of shares under such tender or exchange offer, by at least a majority of the Disinterested Directors, to be adequate and otherwise in the best interests of the Corporation, its stockholders and its other relevant constituencies (other than the Person or any Affiliate or Associate thereof on whose behalf the offer is being made) taking into account all factors that such Disinterested Directors may deem relevant.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Corporation, at a redemption price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of shares of a Series of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a continuous period of six (6) months during which such VRDP Shares are tendered for Remarketing on each Business Day in accordance with the Related Documents but cannot be successfully remarketed (i.e., a Failed Remarketing Condition-Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Corporation on a first-in, first-out basis, in accordance with and subject to the provisions of the Fee Agreement and these Articles Supplementary.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • DTC/FAST Program means the DTC’s Fast Automated Securities Transfer Program.

  • Failed Remarketing Condition means a Failed Remarketing Condition—Purchased VRDP Shares or a Failed Remarketing Condition—Unpurchased VRDP Shares.

  • Failed Remarketing Condition—Purchased VRDP Shares means that the Liquidity Provider acquires and continues to be the beneficial owner for federal income tax purposes of any shares of a Series of VRDP Shares in connection with purchases made pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) on any Purchase Date, including shares of a Series of VRDP Shares that the Liquidity Provider continues to be the beneficial owner of for federal income tax purposes after the expiration or termination of the VRDP Shares Purchase Agreement.

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Third Party Offer shall have the meaning set forth in Section 7.2(a)(ii).

  • Final Offer means the offer on which a resource was dispatched by the Office of the Interconnection for a particular clock hour for the Operating Day. Final RTO Unforced Capacity Obligation:

  • Optional Interconnection Study means a sensitivity analysis of an Interconnection Request based on assumptions specified by the Interconnection Customer in the Optional Interconnection Study Agreement.

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Award Transfer Program means any program instituted by the Committee which would permit Participants the opportunity to transfer any outstanding Awards to a financial institution or other person or entity approved by the Committee.

  • Qualified Offering means a registered offering of Common Stock (or units consisting of Common Stock and warrants to purchase Common Stock) for aggregate gross proceeds to the Company of at least $5,000,000 resulting in the listing for trading of the Common Stock on the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).

  • Net Offering Proceeds means the proceeds received from (a) the issuance of any Equity Interests (or capital contribution with respect to Equity Interests) or (b) the incurrence of any Indebtedness, in each case net of the liabilities for reasonably anticipated cash taxes in connection with such issuance or incurrence, if any, any underwriting, brokerage and other customary selling commissions incurred in connection with such issuance or incurrence, and reasonable legal, advisory and other fees and expenses, including, without limitation, title and recording tax expenses, if any, incurred in connection with such issuance or incurrence.

  • Rights Offering has the meaning set forth in Section 4.1(b);

  • Initial Offer means the initial offer of Sterling RDR ‘Retail’ Accumulation Shares in the Fund which will commence at 9 a.m. (Irish time) on 20 April 2020 and will close on the Closing Date;

  • Failed Remarketing Condition—Unpurchased VRDP Shares means that a Beneficial Owner (other than the Liquidity Provider or its affiliates) continues to hold VRDP Shares, that were subject to a valid Tender, after any Purchase Date as a result of the failure by the Liquidity Provider for any reason to purchase such VRDP Shares pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) ("Unpurchased VRDP Shares"), until such time as all Outstanding Unpurchased VRDP Shares are (i) successfully Remarketed, (ii) purchased by the Liquidity Provider pursuant to the Purchase Obligation, or (iii) if not successfully Remarketed or purchased by the Liquidity Provider pursuant to the Purchase Obligation, the subject of a validly tendered Notice of Revocation (or any combination of the foregoing); and any Unpurchased VRDP Shares shall be deemed tendered for Remarketing until the earliest to occur of the foregoing events (i), (ii) or (iii) with respect to such Unpurchased VRDP Shares.

  • Failed Remarketing means, with respect to any reset date for a class of reset rate notes, the situation where: • the remarketing agent, in consultation with the administrator, cannot establish one or more of the terms required to be set on the Remarketing Terms Determination Date, • the remarketing agent is unable to establish the related Spread or fixed rate on the Spread Determination Date, • the remarketing agent is unable to remarket some or all of the tendered reset rate notes at the Spread or fixed rate established on the Spread Determination Date, or committed purchasers default on their purchase obligations, and the remarketing agent, in its sole discretion, elects not to purchase the applicable reset rate notes themselves, • the remarketing agent, in consultation with the administrator, is unable to obtain one or more swap agreements meeting the required criteria, if applicable, • certain conditions specified in the remarketing agreement are not satisfied, or • any applicable Rating Agency Condition has not been satisfied.

  • Purchase Offer has the meaning assigned to such term in Section 2.21(a).

  • Qualified Offer shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Computer program means a set of instructions, rules, or routines recorded in a form that is capable of causing a computer to perform a specific operation or series of operations.