Does the pre-approval letter guarantee payment of incentives at the full amount?
The pre-approval letter guarantees payment of the incentives at the full amount as long as all conditions of the pre-approval letter have been met. Any change in equipment specifications, quantities installed, or other factors affecting energy savings and project cost may result in changes to the incentive amount. Any changes from the original pre-approval letter conditions must receive BGE approval before being implemented to guarantee incentive payment.
- Can the Guarantee of Payment Letter be used by the local health agencies to assure providers of payment for their services?
- Are the reserved funds resulting from a Pre-notification a guarantee of payment of incentives at the reserved amount?
- Does the pre-approval letter guarantee payment of incentives at the full amount?