Common use of MEASUREMENT AND VERIFICATION Clause in Contracts

MEASUREMENT AND VERIFICATION. M&V protocols for each project will be established and agreed upon in an M&V plan or as provided in applicable program rules. M&V must be completed by the Company or an independent third party that has no current or prior relationship with Applicant (or, if different, Customer). For permanent demand reduction, at minimum, an M&V plan, pre-M&V report (documenting baseline conditions), and post-M&V report (reflecting the load reductions achieved following measure implementation) will be included with the Agreement package, for review and approval by Con Edison.

MEASUREMENT AND VERIFICATION. M&V protocols for each project Project will be established and agreed upon in an M&V plan or as provided in applicable program Program rules. M&V must be completed by the Company or an independent third party that has no current or prior relationship with Applicant (or, if different, Customer). For permanent demand reductionDemand Reduction, at minimum, an M&V plan, pre-M&V report (documenting baseline conditions), and post-M&V report (reflecting Performance Testing results and the hourly load reductions achieved for each NWS Event following measure implementation) will be included with the Agreement package, for review and approval by Con Edison. See Performance Testing for additional requirements.