Prescriptive Incentive definition

Prescriptive Incentive means the prescriptive incentive calculated as specified in Prescriptive Worksheet(s), subject to a maximum of the Eligible Costs for the Measure.
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Prescriptive Incentive means the Participant Incentive payable by the LDC for Prescriptive Project(s). “Prescriptive Measures” means measures listed on the Prescriptive Worksheets.
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Prescriptive Incentive means a Participant Incentive payable for the installation of a Prescriptive Measure, calculated as the lesser of:
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Examples of Prescriptive Incentive in a sentence

  • To address this concern for Small C&I customers, PPL Electric’s successful Direct Discount Program, enhanced during the middle of Act 129 Phase I, will be continued in Act 129 Phase II and is key to the Prescriptive Incentive Program.

  • Additional measures may be added for other high-efficiency equipment as determined by the Company to be cost-effective on an ongoing basis.Custom Incentive Program: Offers incentives for equipment and systems that are not covered by the Prescriptive Incentive or statewide Core Programs.

  • The amount of the SHP Advance Incentive will be determined by the IESO at its discretion up to a maximum of 50% of the total estimated Prescriptive Incentive (plus the Social Housing Adder, if any) payable to the Social Housing Provider upon request.The total Participant Incentive payable upon completion of the Project will be reduced by the amount of the SHP Advance Incentive paid by the IESO prior to the completion of the Project.

  • The Prescriptive Incentive Reference Number can be found in both the Market Rate and Income Qualified versions of the DTE Multifamily Catalog.

  • Please note: new construction Multifamily projects that elect to install Central ccASHP, MSHP, and GSHP systems will be incentivized at the Category 4: Custom Space Heating Applications rate, but would still follow the Prescriptive Incentive path.Step 1.

  • Description The Smart $aver™ Non‐Residential Prescriptive Incentive Program provides incentives to commercial and industrial consumers to install high efficiency equipment in applications involving new construction, retrofit, and to replace failed equipment.

  • L Commercial and Industrial Prescriptive Incentive Programs — These programs offer a fixed-dollar incentive for multiple defined prescriptive measures (i.e., lighting, HVAC replacements, occupancy sensors, motors, etc.).j.

  • The Smart $aver™ Non‐Residential Prescriptive Incentive Program provides incentives to commercial and industrial consumers to install high efficiency equipment in applications involving new construction, retrofit, and to replace failed equipment.

  • The Prescriptive Incentive will be calculated as specified in Prescriptive Worksheet(s), subject to a maximum of the Eligible Costs for the Measure.

  • This initiative falls under the Commercial and Industrial Prescriptive Incentive Program (CIP).


More Definitions of Prescriptive Incentive

Prescriptive Incentive means an Incentive paid for a Prescriptive Project under an HPNC Incentive Schedule;
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Prescriptive Incentive has the meaning given to it in Section 3(a)(i).
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Prescriptive Incentive means the Participant Incentive payable to Participants participating in the Prescriptive Component who satisfy the requirements thereof, will be equal to the Listed Participant Incentive corresponding to that Eligible Prescriptive Measure for each Eligible Prescriptive Measure installed at the Eligible Project.
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Related to Prescriptive Incentive

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • ROIC means Return on Invested Capital and represents a ratio of Adjusted net income to Average Invested Capital. The Company believes this is a useful profitability measure as it excludes non-cash expenses (income) from both the numerator and denominator.

  • Bid incentive means an amount deducted, for bid evaluation purposes only, from the contract base bid in order to calculate the bid price to be used to evaluate the bid on a competitively bid contract.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • TSR means total shareholder return.

  • Competitive integrated employment means work (including self-employment) that is performed on a full-time or part-time basis:

  • TSR Percentile means the percentile ranking of the Company’s TSR among the TSRs for the Comparison Group members for the Performance Period. In determining the Company’s TSR Percentile for the Performance Period, in the event that the Company’s TSR for the Performance Period is equal to the TSR(s) of one or more other Comparison Group members for that same period, the Company’s TSR Percentile ranking will be determined by ranking the Company’s TSR for that period as being greater than such other Comparison Group members.

  • Incentive Distributions means any amount of cash distributed to the holders of the Incentive Distribution Rights pursuant to Section 6.4.

  • Severance Multiple has the meaning set forth on the first page of the Agreement.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.

  • Multiple disabilities means concomitant impairments (such as intellectual disability- blindness, intellectual disability-orthopedic impairment, etc.), the combination of which causes such severe educational needs that they cannot be accommodated in special education programs solely for one of the impairments. The term does not include deaf/blindness.

  • Weighting with respect to an Underlying means the weighting in relation to the relevant Underlying as specified in the table in the definition of such Underlying.

  • EPS means earnings per share.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Incentive Distribution Right means a Limited Partner Interest having the rights and obligations specified with respect to Incentive Distribution Rights in this Agreement (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest).