Common use of Subsidy/Slot Style Program Type Clause in Contracts

Subsidy/Slot Style Program Type. i. Overview: Utility customers (households) apply for the program, and if they meet the eligibility criteria they are approved for placement on a waitlist. The households are ranked with a prioritization system. Households are then selected from the waitlist based on their priority ranking and submitted to the utility. The utility will evaluate the customer further and either accept the household for enrollment into a slot or reject them. Once accepted into a slot, the utility will credit the customer accounts with a pre-determined dollar amount, over a pre-determined period of time.