Economic Development Benefits definition

Economic Development Benefits means local economic impacts (such as increased property values, number of jobs created, etc.), particularly regarding hard-to-reach and disadvantaged communities, associated with the Local Government Partnership program.
Economic Development Benefits. Local economic impacts (such as increased property values, number of jobs created, etc.), particularly regarding hard-to-reach and disadvantaged communities, associated with the Local Government Partnership program. Energy Efficiency (“EE”): Activities or programs that stimulate customers to reduce customer energy use by making investments in more efficient equipment or controls that reduce energy use while maintaining a comparable level of service as perceived by the customer. Energy Insight (“EI”): PG&E’s customized Customer Relationship Manager (“CRM”) platform used for documentation of energy efficiency projects, documenting customer interactions and workflow for customer service resolution. Evaluation, Measurement and Verification (“EM&V”): Activities that evaluate, monitor, measure and verify performance or other aspects of EE programs or their market environment. Hard-To-Reach (“HTR”): In D.00-00-000, the Commission defined the following set of criteria to identify residential and small business that would be considered HTR. Residential HTR Criteria: Residential customers who do not have easy access to program information and/or generally do not participate in EE programs due to a geographic, language, income, housing type, and/or home ownership (split incentives) barrier. These barriers are defined as: • Geographic – Customer’s home is located in areas other than the San Francisco Bay Area, San Diego area, Greater Los Angeles Area (Los Angeles, Orange, San Bernardino, Riverside and Ventura counties) or Sacramento, or is located in a DAC (as designated by CalEPA), and/or • Language – Primary language spoken is other than English, and/or • Income – Those customers who qualify for the California Alternative Rates for Energy (“CARE”) or the Family Electric Rate Assistance Program (“FERA”), and/or • Housing Type – Multifamily and Mobile Home Tenants (rent or lease), and/or • Home Ownership – Renters (split incentives barrier). When classifying a residential customer as HTR, if the geographic criterion is met, only one additional criterion is required to consider the customer as HTR. If the geographic criterion is not met, then a total of three criteria must be met to be consider the customer as HTR.

Examples of Economic Development Benefits in a sentence

  • Inst., Seeds of Opportunity: How Rural America Is Reaping Economic Development Benefits from the Growth of Renewables 6–16 (2021), available at https://perma.cc/DWH9-D4L7.

  • Current Need to Lay the Foundation to Attract, Support, and Sustain Growth of Maine's Renewable Ocean Energy Businesses to Optimize Economic Development Benefits to Maine People Promotion and support for growth and expansion of Maine’s renewable ocean energy business cluster and related quality jobs are integral to positioning the State to take advantage of current and anticipated opportunities in Maine and the Northeast region.

  • Economic Development Benefits – Enter the savings to Pennsylvania consumers and the value of contracts with Pennsylvania companies.

  • The risks to the four accounts should also be considered; the four accounts are: National Economic Development Benefits (NED), Regional Economic Development (RED), Environmental Quality (EQ), and Other Social Effects (OSE).

  • Table 7B.2 and Figure 7.3 consider the Abecedarian program.Table 7B.1 Ratio of Annual Economic Development Benefits to Net Program Costs, Universal Preschool, with and without Allowing for Special Education Cost Savings Ratio of universal preschool earnings to net costsYearUniversal preschool without adjustments(special ed.

  • The Commission did not take evidence on rehearing that, with reasonablediligence, could have been offered upon the original hearing 15 Proposition of Law No. 2: The Commission Has Broad Discretion UnderR.C. 4928.143(B)(2) to Include Provisions in an ESP Regarding a Utility’s Distribution Service and Providing Economic Development Benefits.

  • New Zealand Transport Agency (2009) Economic Development Benefits of Transport Investments.

  • State Policy Toolkit: Guidance on Measuring the Economic Development Benefits of Energy Efficiency.

  • See this reference for a detailed discussion of the strengths and limitations of each approach.*ACEEE’s (2019) State Policy Toolkit: Guidance on Measuring the Economic Development Benefits of Energy Efficiency refers toadder and multiplier, which would fall under the broader rules-of-thumb factors.

  • The Purchaser acknowledges that Stern’s will have the right to vary all or any of these terms and conditions by providing 1 months notice of changes to the Purchaser.

Related to Economic Development Benefits

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Economic development incentive means a financial incentive,

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Global Development Plan has the meaning set forth in Section 3.1.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Development Plan has the meaning set forth in Section 3.2.

  • Planned unit development means a subdivision characterized by a unified site design, clustered residential units and/or commercial units, and areas of common open space.

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • Development Plans has the meaning set forth in Section 3.2.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Development Phase means the period before a vehicle type is type approved.

  • Commercialization Costs means the sum of the following costs and expenses incurred by the Parties or their respective Affiliates, in Commercializing the Shared Products (and related Manufacturing activities) in the Territory, in each case, to the extent incurred in accordance with the Commercialization Plan and Commercialization Budget:

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • Integrated Development Plan means a plan formulated and approved as envisaged in Section 25 of the Municipal Systems Act 2000, as amended.

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Development Team means the entities and professionals assembled to develop and manage the Project, typically including the Applicant, Owner, Developer(s), Co-Developer(s) and general partner or any other related entities in which the Developer or Co-Developer has an identity of interest or a Controlling Interest.

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Development Area means that area to which a development plan is applicable.