PLAN BUDGET AND ENERGY SAVINGS GOALS STIPULATIONS Sample Clauses

PLAN BUDGET AND ENERGY SAVINGS GOALS STIPULATIONS. A. ComEd commits to meet each of the annual savings targets and will not be asking for any modifications to such targets for the 2018-2021 plan period. B. ComEd affirms that it has developed this Plan not only to meet the 2018-2021 statutory savings targets, but also with an eye to laying a foundation to enable it to meet statutory savings targets in subsequent years as well (e.g., through significant investment and focus in the 2018-2021 period on longer-lived efficiency measures). C. ComEd will operate and implement its energy efficiency programs in a manner that seeks to ensure that no disruption in the delivery of measures and programs will occur during the course of a program year. D. While ComEd retains the flexibility, as documented in the Illinois Energy Efficiency Policy Manual (“Policy Manual”), to shift resources between programs and measures, ComEd agrees that it will not exercise this flexibility in a way that results in: 1) a portfolio weighted average measure life decrease greater than 0.5 year lower than the filed Plan that is the subject of this Stipulation. E. During the 2018-2021 Plan, notwithstanding the portfolio flexibility provisions of the Policy Manual, ComEd agrees to spend an average of at least $42.2 million per year over the 2018-2021 Plan period on low-income (“Low-Income,” “Income- Qualified,” or “IQ”) sector targeted programs or initiatives (i.e., outside of the regular Residential program portfolio), through jointly delivered ComEd Electric and Nicor/PGL/NS Gas Low-Income programs and other stand-alone programs and initiatives, as described in this Stipulation and in its filed Plan. This amount includes the allocations for Public Housing and ComEd’s June 15, 2017 offer to increase Income-Qualified programs by another $3 million. ComEd will invest that additional $3 million in single-family and multi-family comprehensive retrofit programs. See infra Section IV.B.2 (defining “comprehensive retrofit”). On average, ComEd will plan to spend a minimum of $19.9 million per year of that amount (excluding allocated portfolio costs) on the combination of single-family and multi-family whole building retrofit programs. In addition to the $6 million allocated to Third Party programs in years 2-4 of the Plan that are currently included in the ComEd Third Party program batch files, ComEd commits to spend on average, over the four-year Plan period, a minimum of $6 million annually dedicated to Income-Qualified programs or research from ei...
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Related to PLAN BUDGET AND ENERGY SAVINGS GOALS STIPULATIONS

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  • Implementation Plan The Authority shall cause to be prepared an Implementation Plan meeting the requirements of Public Utilities Code Section 366.2 and any applicable Public Utilities Commission regulations as soon after the Effective Date as reasonably practicable. The Implementation Plan shall not be filed with the Public Utilities Commission until it is approved by the Board in the manner provided by Section 4.9.

  • Compensation Program Amendments Each of the Company’s compensation, bonus, incentive and other benefit plans, arrangements and agreements (including golden parachute, severance and employment agreements) (collectively, “Benefit Plans”) with respect to you is hereby amended to the extent necessary to give effect to provisions (1) and (2). For reference, certain affected Benefit Plans are set forth in Appendix A to this letter. In addition, the Company is required to review its Benefit Plans to ensure that they do not encourage senior executive officers to take unnecessary and excessive risks that threaten the value of the Company. To the extent any such review requires revisions to any Benefit Plan with respect to you, you and the Company agree to negotiate such changes promptly and in good faith.

  • Construction Management Plan Contractor shall prepare and furnish to the Owner a thorough and complete plan for the management of the Project from issuance of the Proceed Order through the issuance of the Design Professional's Certificate of Material Completion. Such plan shall include, without limitation, an estimate of the manpower requirements for each trade and the anticipated availability of such manpower, a schedule prepared using the critical path method that will amplify and support the schedule required in Article 2.1.5 below, and the Submittal Schedule as required in Article 2.2.3. The Contractor shall include in his plan the names and resumés of the Project Superintendent, Project Manager and the person in charge of Safety.

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