PBI Payments for Export to the Grid Projects Sample Clauses

PBI Payments for Export to the Grid Projects. SGIP projects that qualify for the feed-in tariff are allowed to export a percentage of their output to the grid. Once on-site electric load has been met, excess generation of electricity may be exported to the grid. The amount exported to the grid is not to exceed 25% of on-site consumption on an annual basis. In cases where a customer is exporting electricity to the grid, the PBI payment will be calculated based on generated electricity consumed on-site as opposed to the generating system’s output. Based on this description and the $/kWh calculated during the incentive claim step of the project, the calculation of a PBI payment is as follows: PBI = $/kWh * generated electricity consumed on-site Program Administrators must be informed of arrangements made with the utility for sale of excess generation. For verification purposes, proof of export documentation may be required prior to payment.
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