A. Technological Advances: The Licensee shall investigate, develop and incorporate technological advances into its equipment and service in its sole discretion and subject to order of competent authority. Upon the request of the Village, the Licensee shall discuss such technological advances at the annual meeting provided in subsection 3-1-7H of this Chapter.
B. Cogeneration and Small Power Production Facilities: The Licensee shall provide, on a timely basis, such information as may reasonably be required for interconnection with the Licensee's system by the Village, if the Village desires to develop a qualifying facility, and by and person doing business in the Village that desires to develop a qualifying facility related to its business in the Village. A qualifying facility is a cogeneration facility or small power production facility which meets the criteria for qualification set forth in subpart B of 18 C.F.R. 292, as it may be amended, from time to time.
C. Demand Side Management: The Licensee shall make systemwide expenditures in connection with the least cost planning process of twenty five million dollars ($25,000,000.00) through 1996 in furtherance of its recognition of the Village's strong commitment to energy conservation and compliance by the Licensee with the least cost planning provisions of the Public Utilities Act. In addition, to the extent that energy efficiency/DSM programs are identified during the five (5) year period described above that are cost justified in the good faith judgment of the Licensee, the Licensee shall expend at least an additional twenty five million dollars ($25,000,000.00) in the implementation of such programs. The Licensee shall implement cost-effective energy efficiency/DSM programs, consistent with the Licensee's least cost planning requirements as an integral part of the Licensee's provision of electricity to its customers. Examples of programs which the Licensee will consider for its energy efficiency/DSM program are home weatherization and the maintenance of appliances and air-conditioning systems at peak efficiency. The Licensee shall be required to implement only those energy efficiency/DSM programs that are approved by the ICC and for which the Licensee can recover from its customers 1) program costs, 2) offsets for lost revenue and stranded investment (if any) resulting from such program and 3) any appropriate return to the Licensee on such costs, lost revenues and stranded investments, as approved by the ICC. The Licensee shall provide the Village with notice of the specifics of the energy efficiency/DSM programs within two (2) business days of the ICC's acceptance of the Licensee's proposal for filing.
D. Environmental Protection: The Licensee shall make such efforts as it deems necessary to meet the standards required for its utility facilities in the Village to meet applicable Federal and State air and water pollution laws. Upon the request of the Village, the Licensee shall discuss such environmental matters at the annual meeting provided for in subsection 3-1-7I of this Chapter.
E. Economic Sources of Power: As part of its provision of electricity to the Village, the Licensee shall take efforts to obtain electric power from sources other than its electric system, when it considers obtaining such power to be cost effective and as may be required by 83 Illinois Administrative Code, part 430, as it may be amended, from time to time. In connection therewith, the Licensee shall make such adjustments to its rates as required by the ICC. (Ord. 92-26, 11-18-92)