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Table 1. CWEC Funding Amounts and Milestones: 2 Year Program Agreement <br /> Payment No. Incentive Formula Incentive Cap Milestone <br /> 1.1 Payment Calculation as Lesser of: $15,000.00 Total END USER purchases <br /> a. Documented PTS costs; or Program PTS cap and installs BPA and <br /> Payment#1: b. $10,000.00 UTILITY approved PTS <br /> PTS Setup 1 <br /> (Optional) <br /> 2.1 $0.025 per kWh of actual verified $50,000.00 BPA reviews and <br /> Payment#2: SEM electrical savings identified in the Total Program approves"Year 1" SEM <br /> "Year 1" CWEC Completion Report* Incentive Cap for Completion Report.* (All <br /> End Year 1 Energy Savings Plus capital energy efficiency <br /> Sustained for Years 1 and 2 projects savings and <br /> combined incentives are <br /> Savings and 2.2. PTS Maintenance Payment, for PTS Maintenance recognized under the <br /> PTS documented Year 1 PTS costs. payment funding, UTILITY standard rebate <br /> Maintenance subject to $15,000.00 program.) <br /> Total Program PTS cap <br /> 3.1 $0.025 per kWh of actual verified $50,000.00 BPA reviews and <br /> Payment#3: SEM electrical savings identified in the Total Program approves"Year 2" SEM <br /> "Year 2" CWEC Completion Report* Incentive Cap for Annual Completion <br /> Year 2 Energy Savings for Report.* (All capital <br /> Sustained Years 1 and 2 energy efficiency <br /> Savings and combined projects savings and <br /> PTS 3.2. PTS Maintenance Payment, for PTS Maintenance incentives are <br /> Maintenance documented Year 2 PTS costs payment funding, recognized under the <br /> subject to$15,000.00 UTILITY standard rebate <br /> Total Program PTS cap program.) <br /> $15,000.00 Total Program Incentive $65,000.00 <br /> Cap for Performance Tracking System Overall Incentive Cap <br /> Overall Cap (PTS) funding and$50,000.00 Total <br /> Program Incentive Cap for Energy <br /> Savings <br /> *CWEC Completion Reports are prepared at the conclusion of each year of a two-year'CWEC Performance Period.' <br /> The CWEC Performance Period starts: <br /> a. No earlier than the BPA kick-off workshop (if applicable), and <br /> b. No later than either(i) the first day of the first full monthly billing cycle following the kick-off workshop (if <br /> applicable), or(ii)when the END USER begins Action Item implementation. <br /> The initial PTS annual allocation cap for the two-year performance period is $15,000.00. In Year 1 PTS funds up to <br /> $10,000.00 can be applied prior to April 1, 2022. On April 1, 2022 the PTS annual allocation cap as allowed by the ESI- <br /> SEM program changes to $5,000 per performance year. In the PTS pre-approval process, the timing considerations <br /> related to this program change will be determined. <br /> The total incentives paid under this Agreement shall not exceed $65,000.00. <br /> Energy Smart <br /> Industrial <br /> SEM Funding Agreement 9 <br /> Reviewed by JK 20210615 <br />