Utility Incentives. Any utility incentive payments expected to be achieved as set forth in the Schedule B-6: Payment Terms: Total Contract Value and/or in any amendment to this Contractor or Notice to Proceed authorizing Installation Services shall, at the sole and absolute discretion of DCAMM, be subject to withholding of retainage until satisfactory evidence is produced to DCAMM evidencing all available incentive amounts have been properly applied for and CONTRACTOR has responded to and cooperated with any and all requests from the applicable utility company to ensure such utility incentives are approved and assigned to DCAMM. All such utility incentive amounts shall accrue to DCAMM. In the event that CONTRACTOR guarantees the utility incentive amounts and fails to obtain them, the Total Contract Value will be reduced by the difference between the amount guaranteed by CONTRACTOR and the amount actually obtained.
Utility Incentives. Any utility incentive payments expected to be achieved as set forth in the Schedule B-6: Payment Terms, Total Contract Value, and Energy Savings shall, at the sole and absolute discretion of DCAMM, be subject to withholding of retainage until satisfactory evidence is produced to DCAMM evidencing all available incentive amounts have been properly applied for and CONTRACTOR has responded to and cooperated with any and all requests from the applicable utility company to ensure such utility incentives are approved and assigned to DCAMM. All such utility incentive amounts shall accrue to DCAMM. In the event that CONTRACTOR guarantees the Utility Incentive amounts and fails to obtain them, the Total Contract Value will be reduced by the difference between the amount guaranteed by CONTRACTOR and the amount actually obtained.
Utility Incentives. Alliant Energy is one of the electric utility providers to the park. Alliant offers two programs to assist manufacturers in reducing their utility costs. For a limited time, Alliant is able to provide discounted rates to large businesses that relocate to Wisconsin, make significant investments, and create jobs. Alliant’s Shared Savings Program provides low-cost financing for energy-efficiency improvements. Industrial Revenue Bonds The City of Beloit, Town of Beloit, and Town of Turtle can assist in obtaining industrial revenue bonds for your new construction and new equipment purchases for an industrial facility for their communities. Industrial revenue bonds are tax exempt and interest rates typically from 1.5 to 2.5 percentage points below corporate bonds. The terms of the bond issue are negotiable and can be structured to meet the needs of the borrower. The costs of issuing the bonds, which can be sizable, can be spread out over the term of the bond issue. Companies interested in this program will need to hire a Bond Council. Wisconsin vs. Illinois Tax Rates* Wisconsin Tax Rates Illinois Tax Rates Corporate Income Base: Net Income Rate: 7.9% (Plus a recycling surcharge equal to 3.0% for cor- porations with at least $4 million in gross receipts (minimum surcharge $25; maximum $9,800)) Base: Net Income Rate: 9.5%
Utility Incentives. Any utility incentive payments expected to be achieved as set forth in the Schedule B-3: Payment Terms shall, at the sole and absolute discretion of DCAMM, be subject to withholding of retainage until satisfactory evidence is produced to DCAMM evidencing all available incentive amounts have been properly applied for and approved by the applicable utility company and assigned to DCAMM. In the event that CONTRACTOR guarantees the Utility Incentive amounts and fails to obtain them, the Total Contract Value will be reduced by the difference between the amount guaranteed by CONTRACTOR and the amount actually obtained.
Utility Incentives. El Paso Electric The El Paso Electric (EPE) SCORE Plus Program provides support to participating entities that complete energy efficiency projects resulting in electric energy savings. The upgrades include air conditioning, insulation, lighting, variable frequency drives, pumps, etc. CLEAResult Consulting is the company selected by EPE to serve as the Program Implementer for the 2013 SCORE Plus Program. The incentive for eligible energy efficiency measures is currently $0.12 per kWh reduced. All of the ECMs proposed by Ameresco including ECM 1 Interior Lighting, ECM 2 Exterior Lighting, ECM 3 Exterior Pole Mounted Lighting, ECM 6 Retro commissioning, ECM 7 VAV Retrofit, ECM 10 Economizer Upgrade or Repair, and ECM 12 Chilled Water Pump Bypass would be eligible for this incentive. EPE has filed a new incentive rate for 2014 with the New Mexico Public Regulation Commission of $0.12 per kWh. This new incentive rate has been approved by the New Mexico Public Regulation Commission. NMSU and Ameresco have been working with representatives from EPE and CLEAResults to establish program eligibility criteria, define ECM scope and energy savings and estimate rebate amounts. NMSU has filed a Letter of Intent to participate with EPE in the SCORE Plus Program. Ameresco will continue to work with NMSU, EPE and CLEAResult to help maximize the available rebates. However, rebate amounts are determined by EPE and therefore, Ameresco does not guarantee the rebate amounts. No natural gas savings incentives or rebates have been identified at this time. SCHEDULE Q. DESCRIPTION OF PROJECT SITE(S); PRE-EXISTING EQUIPMENT INVENTORY The following are examples of the type of information that will be included for each building that will receive retrofits under this contract. All buildings will be included in the final contract.
Utility Incentives. 3.1 Utility incentives may be offered to Eligible Facilities or Preferred Facilities that qualify as determined by the City's economic development initiatives and goals. The amount of discount to be offered will be determined using the following table for New Value and New Employment (Table 1) created within a particular Cultural Restoration Area or the general corporate limits as appropriate. Table 1: Schedule Number Minimum New Value Minimum New Employment Eligible Preferred $500,000 5 1 2 $1,000,000 10 2 3 $5,000,000 20 3 4 $10,000,000 30 4 5 $30,000,000+ 40 5 6 Depending on the schedule for which the business qualifies, a percentage of the Water, Gas, and Electric utility service charges may be abated on an Eligible Facility or Preferred Facility as follows: Table 2: Schedule Number: 1 15% 20% 25% 30% 35% 35% 2 15% 20% 25% 30% 30% 35% 3 - 15% 15% 25% 30% 30% 4 - - 15% 20% 25% 25% 5 - - - 15% 15% 20% In consideration of the representations in Article II, the Contracting Party shall be eligible for Utility Incentives under Schedule Number above.
