Participant test definition

Participant test means an economic test used to compare the present value of benefits to the present value of costs over the useful life of an energy efficiency measure or program from the participant’s perspective. Present values are calculated using a discount rate appropriate to the class of customers to which the energy efficiency measure or program is targeted. Benefits are the sum of the present values of the customers’ bill reductions, tax credits, and customer incentives for each year of the useful life of an energy efficient measure or program. Costs are the sum of present values of the customer participation costs (including initial capital costs, ongoing operations and maintenance costs, removal costs less a salvage value of existing equipment, and the value of the customer’s time in arranging installation, if significant) and any resulting bill increases for each year of the useful life of the measure or program. The calculation of bill increases and decreases must account for any time-differentiated rates to the customer or class of customers being analyzed.
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Participant test means a cost-effectiveness test that measures the difference between the cost incurred by a participant in a demand-side program and the value received by the participant. A participant's cost includes all costs borne by the participant. A participant's value from a DSM program consists of only the direct economic benefit received by the participant.
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Participant test means a method of determining the overall economic efficiency of a demand management program from the perspective of program participants
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Examples of Participant test in a sentence

  • ATIS shall issue press releases for the Testing at its own discretion; such releases may include a description of the Testing, but will not list Participants or specify Participant test results without the prior written approval of that Participant.

  • Mr. Walter explained that I&M performed the standard Utility Cost Test (“UCT”), Total Resource Cost (“TRC”) test, Ratepayer Impact Measure (“RIM”) test, and Participant test to assess the cost-effectiveness of its DSM Plan portfolio.

  • In the event that a Participant test positive or non-negative using one of the foregoing, Company may administer additional tests, including PCR or NAAT tests or deliver additional specimen to laboratory for evaluation, as to that Participant as required by law and in compliance with this Agreement.

  • The Participant test reviews costs and benefits from a program participant’s point of view and ignores the impact on the utility and other ratepayers not participating in the program.

  • Should the Participant test Positive for COVID-19, arrangements will be made for our B3 Representative to remain behind with the Participant until the Participant receives a Negative test result.

  • The TPA will enter each Participant test result status in the SMDS as noted in Section 3 and within the time frame identified.

  • See § 366.82(3)(a), F.S. To meet this requirement, the Commission’s DSM Cost-Effectiveness Manual, adopted by Rule 25-17.008, F.A.C., prescribes that the Participant test be used to measure the costs and benefits to participating customers.6As required by the Commission’s DSM Cost-Effectiveness Manual, FPL utilized the Participant test, in conjunction with other preliminary economic screening tests, in its economic evaluation of DSM measures.

  • The Participant test accounts for all potential benefits from participating in a DSM measure and also accounts for all the potential costs that would be incurred by a customer who chooses to participate.

  • Experience has shown that an upfront incentive is critical to overcoming this hurdle.9 Without the SmartSaver Solar incentive, the score on the Participant test falls to 0.72.

  • The Participant test reviews costs and benefits from a program participant’s point of view.


More Definitions of Participant test

Participant test means an economic test used to compare the present value of benefits to the present value of costs over the useful life of an energy efficiency measure or program from the participant’s perspective. Present values are calculated using a discount rate appropriate to the class of customers to
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Related to Participant test

  • Participant ID means each unique identifier assigned to a Participant other than a DMA Customer by BSEF for access to the SEF operated by BSEF.

  • Participant has the meaning specified in Section 10.06(d).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Participant contract means a contract by which a sponsored captive insurance company insures the risks of a participant and limits the losses of the participant to the assets of a protected cell.

  • Participant Group means you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies (as each such term is defined in the Companies Act 1985); and

  • EPP test Means one EPP command sent to a particular “IP address” for one of the EPP servers. Query and transform commands, with the exception of “create”, shall be about existing objects in the Registry System. The response shall include appropriate data from the Registry System. The possible results to an EPP test are: a number in milliseconds corresponding to the “EPP command RTT” or undefined/unanswered.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Eligible employer means an employer that:

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Market Participant Energy Withdrawal means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Demand Bids, Decrement Bids, real-time load (net of Behind The Meter Generation expected to be operating, but not to be less than zero), internal bilateral transactions and Export Transactions, as further described in the PJM Manuals.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Section 16 Participant means a participant under the Plan who is subject to Section 16 of the Exchange Act.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Plan Year means the calendar year.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Fit test means the use of a protocol to qualitatively or quantitatively evaluate the fit of a respirator on an individual.