consumption and that has no direct or indirect ownership,
partnership or other affiliated interest with an electric
distribution company.
"Electric distribution company total annual revenue."
Amounts paid to the electric distribution company for
generation, transmission, distribution and surcharges by retail
customers.
"Energy efficiency and conservation measures."
(1) Technologies, management practices or other measures
employed by retail customers that reduce electricity
consumption or demand if all of the following apply:
(i) The technology, practice or other measure is
installed on or after the effective date of this section
at the location of a retail customer.
(ii) The technology, practice or other measure
reduces consumption of energy or peak load by the retail
customer.
(iii) The cost of the acquisition or installation of
the measure is directly incurred in whole or in part by
the electric distribution company.
(2) Energy efficiency and conservation measures shall
include solar or solar photovoltaic panels, energy efficient
windows and doors, energy efficient lighting, including exit
sign retrofit, high bay fluorescent retrofit and pedestrian
and traffic signal conversion, geothermal heating,
insulation, air sealing, reflective roof coatings, energy
efficient heating and cooling equipment or systems and energy
efficient appliances and other technologies, practices or
measures approved by the commission.
"Mechanical insulation." Insulation materials, facings and
accessory products used for thermal requirements for mechanical
piping and equipment, hot and cold applications and heating,
venting and air conditioning applications.
"Peak demand." The highest electrical requirement occurring
during a specified period. For an electric distribution company,
the term shall mean the sum of the metered consumption for all
retail customers over that period.
"Quality assurance." All of the following:
(1) The auditing of buildings, equipment and processes
to determine the cost-effectiveness of energy efficiency and
conservation measures using nationally recognized tools and
certification programs.
(2) Independent inspection of completed energy
efficiency and conservation measures completed by third-party
entities to evaluate the quality of the completed measure.
"Real-time price." A rate that directly reflects the
different cost of energy during each hour.
"Time-of-use rate." A rate that reflects the costs of
serving customers during different time periods, including off-
peak and on-peak periods, but not as frequently as each hour.
"Total resource cost test." A standard test that is met if,
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