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.
Michigan Provision Addressing Present and Future Demands for Electricity in the Premises ensures that residents and businesses have reliable access to electricity now and in the future. This provision encompasses various policies and initiatives aimed at meeting the growing energy needs of Michigan's population while promoting sustainability and grid reliability. One key aspect of this provision is the encouragement of renewable energy sources. Michigan recognizes the importance of transitioning to cleaner and more sustainable energy generation. As a result, the provision promotes the development and integration of renewable energy technologies such as solar, wind, and hydroelectric power. These initiatives not only reduce carbon emissions but also contribute to diversifying the state's energy portfolio, reducing reliance on fossil fuels, and fostering energy independence. In addition to promoting renewable energy, the Michigan Provision addresses the need for modernizing the electrical infrastructure. This includes upgrading the transmission and distribution systems to ensure efficient and stable electricity delivery across the state. The provision also encourages the implementation of advanced technologies such as smart grids, energy storage systems, and demand response programs. These advancements enable better management of electricity demand, reduce energy waste, and improve overall grid reliability. Furthermore, the Michigan Provision emphasizes energy efficiency measures in homes, businesses, and industries. It offers incentives and programs to encourage energy-efficient practices, such as installing energy-saving appliances, adopting building insulation standards, and promoting energy audits. By reducing electricity consumption through energy efficiency, Michigan can meet the present and future demands without over stressing the electrical grid. To cater to different premises and sectors, the Michigan Provision may have specific provisions or regulations tailored to residential, commercial, and industrial areas. These variations ensure that the unique needs and demands of each sector are appropriately addressed. For instance, residential provisions may focus on incentivizing rooftop solar installations or providing tax incentives for energy-efficient home improvements. Commercial provisions may encourage the adoption of energy management systems or offer financial assistance for energy audits and efficiency upgrades. Industrial provisions, on the other hand, may focus on promoting energy-saving practices or supporting research and development for sustainable manufacturing processes. Overall, the Michigan Provision Addressing Present and Future Demands for Electricity in the Premises holistically addresses the energy needs of the state, aligning with Michigan's commitment to a sustainable and reliable energy future. It incorporates renewable energy development, grid modernization, energy efficiency initiatives, and sector-specific provisions to ensure efficient utilization of electricity while minimizing environmental impacts.
