Regl. 8038, art. 5.15
OGPe shall mean the Permits Management Office,
Length: 385 wordsOfficial source
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.
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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:
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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."