Kentucky Provision Addressing Present and Future Demands for Electricity in the Premises

State:
Multi-State
Control #:
US-OL12022
Format:
Word; 
PDF
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Description

This office lease provision states that the landlord agrees that prior to the Commencement Date risers, feeders and wiring will be installed in the building by the landlord to furnish electrical service to the demised premises.

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FAQ

The Inflation Reduction Act significantly expands and extends the 25C tax credit, now known as the Energy Efficient Home Improvement Credit. Previously, this tax credit was limited to 10% of your project costs but is now increased to up to 30% and available on an annual basis.

A New Energy Strategy for Kentucky????? The strategy is known as KYE3: Designs for a Resilient Economy??. KYE3 is an energy strategy wrapped in economic development and focused on resilience. KYE3 stands for energy, environment, and economic development, three issues that are inextricably linked.

Currently 29 states have deregulated their electricity and/or gas markets, in whole or in part: California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, ...

O Rebates covering 50-100% of the cost of installing new electric appliances, including super-efficient heat pumps, water heaters, clothes dryers, stoves, and ovens.

Kentucky does not have a statewide energy efficiency resource standard (EERS) to require energy efficiency savings from its electricity or natural gas utilities. Under Governor Steve Beshear's Energy Plan, Kentucky set a voluntary goal of reducing its projected 2025 energy consumption by 18%.

The Inflation Reduction Act modifies and extends the Renewable Energy Production Tax Credit to provide a credit of up to 2.75 cents per kilowatt-hour in 2022 dollars (adjusted for inflation annually) of electricity generated from qualified renewable energy sources where taxpayers meet prevailing wage standards and ...

Eligible applicants: Low- or moderate-income (LMI) households. Owners of eligible LMI multifamily buildings. Governmental, commercial, or nonprofit entity carrying out a project for an eligible household or an owner of an eligible multifamily building.

The Inflation Reduction Act (IRA) of 2022 released historic amounts of funding to states and tribes for home energy audits, electrification upgrades, appliance rebates, and contractor training.

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Kentucky Provision Addressing Present and Future Demands for Electricity in the Premises