Energy conservation project definition

Energy conservation project means an undertaking to acquire and to install one or more energy conservation measures in a building or facility, and technical assistance in connection with that undertaking.
Energy conservation project means the installation or modification of an energy conservation
Energy conservation project means a project that qualifies under § 4–218 of this subtitle.

More Definitions of Energy conservation project

Energy conservation project means the installation or modification of an energy conservation measure or the acquisition, installation, or improvement of a renewable energy system.
Energy conservation project means a capital investment in equipment that reduces the electric energy use or improves electric energy efficiency at a large electricity consumer's site or system at that site which has a simple payback of greater than one year and less than ten years. The simple payback shall be determined by using the eligible capital cost of the project divided by the first year electric energy cost savings.¶
Energy conservation project means a project designed, intended or used to improve energy conservation or to reduce the wasteful, inefficient, unnecessary, or uneconomical use of energy.
Energy conservation project means any capital investment for which the first year energy savings yields a simple payback period of greater than three years. “Energy conservation project” does not include:
Energy conservation project means any improvement, repair, alteration or betterment of any building or facility or any equipment, fixture or furnishing including its energy using mechanical devices to be added to or used in any building or facility that the Director of the Department has certified to the Authority will be a cost-effective energy-related project that will lower energy or utility costs in connection with the operation or maintenance of such building or facility, and will achieve energy cost savings sufficient to cover bond debt service and other project costs within 10 years from the date of project installation.
Energy conservation project and “EC Project” mean an EC Proposal acceptable to the Bank, proposed by the Purchaser, evaluated and supported by the ECP Commercial Fund Manager and approved by the ECP Management Board;
Energy conservation project means any capital investment for which the first year