Snohomish County PUD 9/14/2021 - Laserfiche WebLink

Payment No. Incentive Formula Incentive Cap Milestone $20,000.00 Total Program Incentive $120,000.00 Cap for all Performance Tracking Overall Incentive Cap System(PTS) Setup 1 and per 2-Year Incentive Overall Cap ElMaintenance fundingand$120,000.00 Performance SavingsPed Period Total Program Incentive Cap for Energy Savings. *SEM Completion Reports are prepared at the conclusion of each year during each Two-Year Incentive- Eligible Performance Period. Table 3. 2-Year Incentive-Eligible Savings Performance Periods Performance Dates* Period Year 1: May 1, 2017—April 30, 2018 SEM WEC-1 Year 2: May 1, 2018—April 30, 2019 Year 3: November 1, 2019—October 31, 2020 SEM WEC-2 Year 4: November 1, 2020—October 31, 2021 *SEM engagements are aligned in two-year performance periods as noted in table above. In the second two-year performance period we are identifying year 3 and year 4 in reference to the 3rd and 4th year from the starting point of the overall engagement. The start date of each 2-Year Incentive-Eligible Savings Performance Period starts: a.No earlier than the BPA kick-off workshop or tune-up event, whichever is applicable. b.No later than the date determined by BPA and the customer. For re-enrolled SEM participants, customers may choose a continuous performance period or opt to delay the start of the performance period, as defined in the SEM engagement plan report. The incentives paid under this Agreement shall not exceed the amount referenced on Page 1 of this document.