Effective Useful Life definition

Effective Useful Life means the median number of years of expected operation of a specific Measure, i.e. the time until half the units would be expected to have failed or been removed.
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Effective Useful Life or “EUL” - An estimate of the median number of years that the measures installed under the Program are still in place and operable as defined by the M&V plan.
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Effective Useful Life means the length of time over which a Measure will provide Electricity Savings. For technology-based Measures the EUL is typically based on an estimate of the number of years the equipment will operate to a certain standard. For non-technology or behaviour-based Measures, the EUL may be defined differently as specified in the Stage 2 Application.
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Examples of Effective Useful Life in a sentence

  • Short-term needs that have outlived their Effective Useful Life (EUL) must be included in a proposed rehabilitation (20YCE Year One).

  • Further, we will continue to coordinate with other evaluation teams in the state on research related to Effective Useful Life (EUL).

  • Effective Useful LifeThe Effective Useful Life is the length of time (years) for which the load impacts of an energy efficiency measure are expected to last.

  • The gross amounts of the annual energy and capacity savings are reduced by appropriate net‐to‐gross ratios for the particular measure or end‐use and extended through their useful lives by the appropriate effective useful life estimates (see more information in Net‐to‐Gross and Effective Useful Life sections below).

  • Otherwise delete] the Project shall have an Effective Useful Life through [Seller insert date].

  • All ex ante values shall be updated or developed in consideration of the latest information available, including Unit Energy Savings (UES), Effective Useful Life (EUL), Installation Rate (IR), NTG and Cost.

  • The Effective Useful Life (EUL) is the average amount of time in years that a system, component or structure is estimated to function when installed new and assuming that routine maintenance is practiced.

  • The analysis of this deliverable will coordinate closely with Deliverable 16 (Effective Useful Life Estimates and Approach) and Deliverable 17 (Load Shape Data).

  • In addition to the definitions of add-on and O&M measures already provided, the following are definitions of other terms frequently found in the TRMs and related literature:• Effective Useful Life (EUL): EUL is most often defined as the median number of years that an energy efficiency measure is likely to remain in place and operational after installation (i.e., the number of years after which 50% of the systems installed in a particular year will no longer be in service).

  • The technical review will result in a validation report that confirms that the engineering and energy savings analysis, Effective Useful Life (EUL) estimates, construction cost estimations, ECM, and capital improvement recommendations (if applicable) are appropriate and reasonable and meet the current requirements of DC PACE.


More Definitions of Effective Useful Life

Effective Useful Life or “EUL” means the estimate of the median number of years the Project is installed and is still in place and operable.
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Related to Effective Useful Life

  • Useful life means the relevant period of distance and/or time over which compliance with the relevant gaseous and particulate emission limits has to be assured.

  • Active User means PSC employees, and any users actively participating on the system in any given month of operation, who shall be bound to the terms and conditions of this Agreement. Licensor does not impose a limit on the number of Active Users accessing or registering to use the system.

  • Administrative User means any of Your employees, consultants, independent contractors or customers to whom You grant administrative permission to access the Services in accordance with Company’s entitlements and procedures and this Agreement (where “administrative permission” includes, but is not limited to, the right to create, modify and delete User accounts, as well as the right to access and modify Your billing information and other functionality available through Company’s administrative control panel).

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Unoccupied means the dwelling is not being inhabited as a residence.

  • Effective Amount means with respect to any Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowing and prepayments or repayments thereof occurring on such date.

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Capacity Utilization Factor or “CUF” shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time; However, for avoidance of any doubt, it is clarified that the CUF shall be calculated on the Contracted Capacity; In any Contract Year, if ‘X’ MWh of energy has been metered out at the Delivery Point for ‘Y’ MW Project capacity, CUF= (X MWh/(Y MW*8766)) X100%; Declared CUF for this Project shall be % (to be revised as applicable).

  • Cooling Off Period Shall refer to the period of ten (10) calendar days commencing from and including the date of this Contract.

  • Useful beam means the radiation emanating from the tube housing port or the radiation head and passing through the aperture of the beam-limiting device when the exposure controls are in a mode to cause the system to produce radiation.

  • Expansion Factor has the meaning ascribed thereto in Section 2.3(a);

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • We/Us/Our means Future Generali India Life Insurance Company Limited.

  • Property tax increment means the amount obtained by:

  • Maintenance Period shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Rear Yard means a yard extending across the full width of a parcel measured perpendicularly from the rear wall(s) of the main building situated on the parcel to the rear property boundary of the parcel [see sketch in Schedule B];

  • Subproject means a specific project to be carried out by an existing BE utilizing the proceeds of a Sub-loan or Investment, as hereinafter defined, fulfilling the conditions set forth in Part A of Schedule 4 to this Agreement;

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

  • Captive User means the end user of the electricity generated in a Captive Generating Plant and the term “Captive Use” shall be construed accordingly;

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.