Examples of Study Deposit in a sentence
The CAISO shall draw from the Interconnection Study Deposit any undisputed costs within thirty (30) calendar days of issuance of an invoice.
An Interconnection Study Deposit equal to $50,000 plus $1,000 per MW of electrical output of the Generating Facility, up to a maximum of $250,000.
Under all circumstances, an Interconnection Customer that withdraws or is deemed to have withdrawn its Interconnection Request during an Interconnection Study Cycle is obligated to pay to the CAISO all costs in excess of the Interconnection Study Deposit that have been prudently incurred or irrevocably have been committed to be incurred with respect to that Interconnection Request prior to withdrawal.
The Interconnection Study Deposit shall be applied to pay for prudent costs incurred by the CAISO, the Participating TOs, or third parties at the direction of the CAISO or Participating TOs, as applicable, to perform and administer the Interconnection Studies and to meet and otherwise communicate with Interconnection Customers with respect to their Interconnection Requests.
If the Interconnection Customer does not withdraw, or is not deemed withdrawn, and proceeds to sign a GIA, then there is no forfeiture of an unused study deposit balance: Following Interconnection Customer, CAISO, and Participating TO execution of the GIA (or, if an unexecuted GIA was filed with FERC, on after FERC issues an order accepting the GIA), the CAISO refunds the unused balance of the Interconnection Study Deposit to the Interconnection Customer.
Whenever the actual cost of performing the Interconnection Studies exceeds the Interconnection Study Deposit, the Interconnection Customer pays the undisputed difference in accordance with the CAISO issued invoice within thirty (30) calendar days.
Interconnection Customers in Queue Cluster 5 who have provided the Study Deposit may receive a refund of the Interconnection Study Deposit, less actual costs expended on the Interconnection Studies to date, by withdrawing from the Queue within ten (10) calendar days after July 25, 2012.
The CAISO draws from the Interconnection Study Deposit any undisputed costs by the Interconnection Customer within thirty (30) calendar days of issuance of an invoice.
This method of calculation and table data apply to both scenarios #1A and #1B.
Whenever the actual cost of performing the Interconnection Studies exceeds the LGIP Transition Cluster Interconnection Study Deposit, the Interconnection Customer shall pay the undisputed difference in accordance with the CAISO issued invoice within thirty (30) calendar days.