Rapid Rebates Application
The Rapid Rebates Application and Agreement is entered this ______ day of 2010 between ____________________, (“Applicant” or the “Customer”) and the Dayton Power and Light Company (“DP&L” or the “Company”) according to the terms and conditions contained herein.
Applicant makes this application to DP&L’s Rapid Rebates Program (“Program”) seeking a rebate for the purchase and installation, after January 1, 2010, of the equipment listed below. Payment of rebates by DP&L will be made according to the following terms and conditions:
Rebate Timing: Rebates will only be paid once the measure has been installed, is available to operate, and verification has been completed by DP&L.
Rebate Limits: Rebates will be based on the rebate values specified on the list of eligible equipment. Under no circumstances may the rebates exceed the cost of the equipment, not including taxes, warranty fees, installation costs, or maintenance fees. Funding is limited and completing an application does not guarantee availability. DP&L shall make the final determination regarding rebate amounts.
Project Documentation: The equipment must be installed within 120 days of application approval. Rebates will be paid within 30 days of final approval and receipt by DP&L of final documentation. Final documentation is to include equipment serial numbers and an itemized invoice with sufficient detail to determine the date of purchase, equipment purchased, cost of material, labor and any equipment discounts.
Post-Installation Inspection: The Project is subject to a post-installation inspection. Should the post-installation inspection reveal that the system has been improperly configured or the equipment does not match that specified on the rebate application, DP&L will not provide a rebate. If the inspection reveals that installation of the equipment has resulted in a net increase in energy usage or demand, due to affects on other systems, the equipment may not be eligible for a rebate.
Project Sustainability: Once installed according to this agreement, the equipment which makes up the Project shall not be removed for a period of five years without DP&L’s written permission. In the event of such unauthorized removal, the rebate shall be repaid to DP&L.
Ongoing Audits: Customer shall permit DP&L to return to customer’s facility, upon reasonable notice, at various times within five years of installation to allow DP&L to gauge the impact of the installation.
Replaced Equipment: Equipment being replaced must be decommissioned, although it may be retained for use as back-up equipment with DP&L’s permission. It may also be sold for scrap, but cannot be sold for use in another production environment.
Multi-Family Homes: Multi-family homes are eligible for rebates through DP&L’s Rapid Rebate Program with the exception of new or replacement HVAC units that are less than 5 tons. Such HVAC equipment should seek rebate eligibility through DP&L’s Residential HVAC program.
Rebate Assignment: Applicants may assign the rebate over to a contractor, distributor or other vendor who installed or supplied the equipment. The Applicant’s signature is required on the separate rebate assignment form to sign over the rebate. The Applicant agrees that such action constitutes an irrevocable assignment of the rebate. The assigned rebate must reduce the purchase price paid for the equipment by an equivalent amount. Only customers in good standing at the time of the application approval are eligible for this payment option.
Leased Equipment: Rebates are for new equipment purchased and permanently installed at the Customer site. Leased equipment with a contractual term of less than 5 years is ineligible for rebates. When the above conditions are met, the DP&L Customer where the equipment is to be installed is the party that will receive the rebate unless they exercise their option to assign the rebate to the Lessor.
Customers in Arrears: Customers in arrears on their DP&L billings at the time that the rebate payment is scheduled to take place will not be eligible for a cash payment. These rebates instead will be distributed to the Customer as a credit to their DP&L account. Customers will be notified of this situation prior to receiving payment.
Other Utility Rebates: Equipment eligible for DP&L Prescriptive Rebates must not receive rebates from any other utility rebate programs.
Equipment Energy Savings: The parties recognize that DP&L does not guarantee energy savings and does not make any warranties associated with the equipment purchase. Furthermore, only the Applicant can judge the overall feasibility and benefit to its business of the Project.
Tax Implications: Rebates may be subject to federal and/or state income tax reporting. DP&L is not responsible for any taxes that may be incurred. A completed W-9 is required prior to final payment processing.
Privacy Policy: DP&L respects the privacy of its customers, but cannot guarantee the confidentiality of information provided to it.
Customer
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The Dayton Power and Light Co.