Procedures for processing applications.

CFR · 2024-01-01 · US · Title 10

(a) (b) (c) (1) Eligibility of the applicant for receipt of an incentive payment, based on the criteria for eligibility specified in this part; (2) The number of kilowatt-hours to be used in calculating a potential incentive payment, based on the net electric energy generated from a qualified (3) The number of kilowatt-hours to be used in calculating a potential additional incentive payment, based on the total quantity of accrued energy generated during prior fiscal years; (4) The amounts represented by 60 percent of available funds and by 40 percent of available funds; and (5) Whether justification exists for altering the 60:40 payment ratio specified in paragraph (e) of this section. If DOE intends to modify the 60:40 ratio, the Department shall notify Congress, setting forth reasons for such change. (d) (e) (1) Calculate potential incentive payments, if necessary on a (2) Calculate potential incentive payments, if necessary on a (3) If the amounts calculated in paragraph (e)(1) and (2) of this section result in one owner group with insufficient funds and one with excess funds, allocate excess funds to the owner group with insufficient funds and calculate additional incentive payments, on a (4) If potential payments calculated in paragraphs (e)(1), (2), and (3) of this section do not exceed available funding, allocate 60% of remaining funds to paragraph (e)(1) recipients and 40% to paragraph (e)(2) recipients and calculate additional incentive payments, if necessary on a (5

official document · source cfr-2024 · id 10:§ 451.9