Load Reduction Plan Sample Clauses
A Load Reduction Plan clause outlines the procedures and requirements for reducing energy consumption or electrical load during specified periods or under certain conditions. Typically, this clause details the circumstances that trigger load reduction, the methods by which reductions are to be achieved, and the responsibilities of each party involved. For example, it may require a facility to decrease its power usage during peak demand times or in response to grid emergencies. The core function of this clause is to ensure coordinated and effective load management, thereby helping to maintain grid stability and prevent outages.
Load Reduction Plan. Company shall update the load reduction plan annually and provide Distributor with the updated plan by March 1 of each year. The updated load reduction plan must be certified by an authorized representative of Company.
Load Reduction Plan. Company shall update the load reduction plan annually and provide TVA with the updated plan by March 1 of each year. The updated load reduction plan must be certified by an authorized representative of Company.
Load Reduction Plan. Company will update or validate, as required by TVA, the Load Reduction Plan twice per year in accordance with any instructions that may be supplied by TVA from time to time. Company will provide such update or validation by each June 1 and December 1. The updated Load Reduction Plan must be certified by an authorized representative of Company and be acceptable to TVA. TVA’s acceptance of any Load Reduction Plan does not in any way constitute TVA’s assessment of the fitness or efficacy of a Load Reduction Plan. TVA may require the use of a special form or website for Company’s submission of Load Reduction Plans or Load Reduction Plan validations.