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.
The New Mexico Provision Addressing Present and Future Demands for Electricity in the Premises is a comprehensive policy framework aimed at effectively managing the current and future requirements of electricity consumption in the state. By implementing this provision, New Mexico aims to address the growing energy demands in a sustainable and efficient manner, ensuring a stable and reliable electricity supply for years to come. Keywords: New Mexico, provision, present demands, future demands, electricity, premises, policy framework, energy consumption, sustainable, efficient, reliable, stable, electricity supply. Types of New Mexico Provision Addressing Present and Future Demands for Electricity in the Premises: 1. Energy Efficiency Program: Under this provision, New Mexico encourages individuals and businesses to adopt energy-efficient practices, technologies, and appliances to reduce electricity consumption. The program includes incentives, rebates, and educational campaigns to create awareness and promote energy-saving habits among consumers. 2. Renewable Energy Integration: To address the future demands for electricity, New Mexico has implemented policies to support the integration of renewable energy sources into the grid. This provision promotes the development and use of solar, wind, and other clean energy technologies by providing incentives, grants, and favorable regulations. 3. Demand Response Initiatives: To manage the peak electricity demand effectively, the provision includes demand response programs. These initiatives incentivize consumers to reduce their electricity usage during periods of high demand by offering discounts or other benefits. By shifting consumption to off-peak hours, the strain on the electricity grid can be minimized. 4. Grid Modernization: The New Mexico provision also focuses on the modernization of the electricity grid to meet future demands. This includes upgrading infrastructure, implementing smart grid technologies, and integrating advanced metering systems. These initiatives enhance the efficiency, reliability, and responsiveness of the grid, allowing for better management of electricity demand and supply. 5. Electrification Initiatives: Acknowledging the increasing demand for electric vehicles (EVs) and other electric-powered technologies, the provision addresses the necessary infrastructure and policies required for widespread adoption. This includes expanding charging infrastructure, providing incentives for EV purchases, and promoting electric-powered public transportation. By implementing these various types of provisions, New Mexico aims to ensure a sustainable and resilient electricity system that can meet the present and future demands of its residents, businesses, and emerging technologies while minimizing environmental impact.
