Energy Storage System Incentives definition

Energy Storage System Incentives means payments paid by a state or local Governmental Authority, based in whole or in part on the size of an Energy Storage System, made as an inducement to the owner thereof.
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Energy Storage System Incentives means payments paid by a state or local Governmental Authority, based in whole or in part on the size of an Energy Storage System, made as an inducement to the owner thereof. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
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Examples of Energy Storage System Incentives in a sentence

  • Energy Storage System Incentives and Policies While the regulatory regime for energy storage projects is still under development, there are various policies, incentives and financial mechanisms at the federal, state and local levels that support the adoption of energy storage.For example, energy storage systems that are charged using solar energy may be eligible for the solar energy-related U.S. federal tax credits described below.

Related to Energy Storage System Incentives

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.