Site Selection. (a) WMECO’s evaluation of potential sites and projects shall first emphasize benefits of favorable site/project costs, economies of scale, PV system output, operating costs and then consider the benefits from community development, job creation, and electric system benefits. (b) Project selection shall include a measure of the installation costs for a project that include all capital expenditures, including, but not limited to, those for site development, site design, site engineering, site construction and PV equipment. This cost figure will be stated on a dollars per kilowatt basis. (c) The measure of installation costs allows for a common comparison of project costs that accommodates the variability attributable to certain types of sites and various site conditions. (d) WMECO will use an Installation Cost Target (“ICT”) as a threshold for determining the projects it will seek to develop under the Program. The ICT will be equal to $6,800/kW and may be increased by an adjustment factor of no more than 5% (to $7,140/kW). Article 6.4(3)(b) defines the use of this adjustment factor. WMECO shall develop projects with estimated installation costs that are likely to be below this target.
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Samples: Stipulation Agreement, Stipulation Agreement, Stipulation Agreement