Regl. 8038, art. 5.15

OGPe shall mean the Permits Management Office,

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Cite as Reglamento Núm. 8038, Art. 5.15

for its Spanish acronym (Oficina de Gerencia de Permisos). 5.16 Point of Interconnection with the Electric Utility shall mean the point of connection with the electric power utility where an eligible GET is operating in parallel with the primary source of electricity (local electric utility, PREPA). The point of interconnection can be in the supply side or load side as allowed by the current National Electrical Code Article 705 or its successor article or Code or such code at the time applicable as determined by PREAA and published in the Reference Guides. 5.17 PREPA shall mean the Puerto Rico Electric Power Authority. 6 5.18 Proposals shall mean the required document to be submitted by the Applicant for purposes of Tier 2 GEPs, in accordance with Section VI of Chapter Three of this Regulation. 5.19 Reference Guides shall mean the documents approved by PREAA and published on its website at least once every Fiscal Year (For Tier 1) and at least once every quarter (for Tier 2) indicating, among other, further details in connection with the issuance of incentives hereunder, the Green Energy Technologies that are eligible to participate in the applicable incentive program under this Regulation, the maximum incentive percentage established for each one of these technologies, which shall never exceed 60% (for Tier 1) and 50% (for Tier 2) of the Total Project Cost, their Reference Costs and the technology-specific requirements. 5.20 Reference Costs shall mean the maximum acceptable Total Project Cost per installed Watt of System Capacity. The Reference Costs will vary according to the technology and system size, as described in this Regulation. Reference Costs are used to cap the Total Incentive Amount to be granted. Reference Costs are based on reasonable and supported criteria, including but not limited to the following: 7 5.20.1. National market reports; 5.20.2. Local market statistics, which may be compiled by PREAA based on previous years Green Energy Projects developed in the island; 5.20.3. Local constraints and particular conditions to develop Green Energy Projects in the island. As will be further specified in the Reference Guides, a higher Reference Cost may be granted to economically deprived or underdeveloped areas in Puerto Rico, as is the case with Vieques and Culebra under Act No. 153 of August 10, 2002, "Act to Create the Special Vieques-Culebra Economic Development Zone."
Regl. 8038, art. 5.15: OGPe shall mean the Permits Management Office, | Justis AI