Examples of Transition Plan Order in a sentence
Projects grandfathered under the Transition Plan Order should continue to maintain their compensation mechanism for 25 years from their in-service date.
Remote net metered projects eligible for monetary crediting grandfathering as established in the Transition Plan Order will receive Phase One NEM for a term of 25 years, consistent with that Order.
Projects grandfathered under the Transition Plan Order should continue to maintain their compensation mechanism for 25 years from their in-service date.auctions as part of the CES, as well as with policy trends in other jurisdictions.23 The proposal also would provide an option for developers or customers to file petitions requesting a longer term than 20 years if pre-existing financing or other contractual arrangements contemplated a longer period.
The main oversight mechanisms in respect of the audit function is the monitoring of compliance with the auditing and professional (ethical) standards through the quality review programs of the professional bodies81 and a regime of peer review operated by the accounting firms.
Recognizing the need for flexibility here does not mean the Commission will abandon the limits it placed on grandfathering in the Transition Plan Order and the Order Modifying Transition Plan.
Case 14-E-0151 et al., Order Granting Rehearing in Part, Establishing Transition Plan, and Making Other Findings (issued April 17, 2015) (Transition Plan Order).
This approach was appropriate because the Transition Plan Order had a limited purpose: to preserve monetary crediting only for projects that had started development by the spring of 2015 in reliance on net metering rules and that were prepared to proceed to construction, but were at risk of exceeding Transition Plan milestones due to utility construction schedules.
Notwithstanding the foregoing, the Borrower and its Significant Subsidiaries may consummate the transactions, including transfers of assets, contemplated by the Ohio Transition Plan Order.
Except as may be provided for or contemplated by the Ohio Transition Plan Order, fail to continue to engage in the same type of business as it is engaged in on the date hereof without material reduction or change in nature.
DISCUSSIONRequest for WaiverIn the Order Modifying Transition Plan the Commission recognized that some grandfathered projects were not likely to meet the original December 31, 2017 in-service date established in the Transition Plan Order, due to utility construction constraints that were outside of developers’ control.11 The Commission crafted a narrow alternative to the in-service deadline addressing the specific circumstances presented by the petitioners.