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A5 <br /> Table 1. WEC Funding Amounts and Milestones: 2 Year Program Agreement <br /> Payment No. Incentive Formula Incentive Cap Milestone <br /> 1.1 Payment Calculation as Lesser of $20,000.00 Total END USER purchases <br /> a. Documented PTS costs; or Program PTS cap and installs BPA and <br /> Payment#1: b. $10,000.00, if plant baseline is UTILITY approved PTS <br /> less than 4,000,000 kWh <br /> PTS Setup 1 annual consumption <br /> (Optional) <br /> 2.1 If supporting invoices are not $50,000.00 BPA reviews and <br /> Payment#2• provided,$0.025 per kWh of actual Total Program approves"Year 1" SEM <br /> verified"non-capital" energy savings Incentive Cap for Completion Report.* (All <br /> End Year 1 identified in the"Year 1"WEC Energy Savings Plus capital energy efficiency <br /> Sustained Completion Report*** 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$20,000.00 program.) <br /> Total Program PTS cap <br /> • 3.1 If supporting invoices are not $50,000.00 BPA reviews and <br /> Payment#3• provided,$0.025 per kWh of actual Total Program approves"Year 2" SEM <br /> verified"non-capital" energy savings Incentive Cap for Annual Completion <br /> Year 2 identified in the"Year 2"WEC Energy Savings for Report.* (All capital <br /> Sustained Completion Report*** Years 1 and 2 energy efficiency <br /> Ss <br /> Savings combined projects savings and <br /> g incentives are <br /> PTS 3.2. PTS Maintenance Payment,for PTS Maintenance recognized under the <br /> Maintenance documented Year 2 PTS costs payment funding, UTILITY standard rebate <br /> subject to$20,000.00 program.) <br /> Total Program PTS cap <br /> $20,000,00 Total Program Incentive $70,000.00 <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 /> *WEC Completion Reports are prepared at the conclusion of each year of a two-year WEC Performance Period.' <br /> The WEC 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 /> **To receive payment at the rate of $0.075 per kWh up to 70% of eligible implementation costs either year, all <br /> supporting invoices and internal labor hour records must be provided for that year. Otherwise, annual <br /> performance incentives will be paid at the$0.025 per kWh rate. <br /> The total incentives paid under this Agreement shall not exceed$70,000.00. <br /> Energy Smart <br /> 160 industrial <br />