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.
Puerto Rico Provision Addressing Present and Future Demands for Electricity in the Premises is a crucial measure adopted by the Puerto Rican government to ensure the adequate and sustainable supply of electricity in residential and commercial buildings on the island. This provision seeks to address the current and future demands for electric power, considering the evolving needs of the population and the advancements in technology. One type of Puerto Rico Provision Addressing Present and Future Demands for Electricity in the Premises is the implementation of advanced metering infrastructure (AMI). This involves the installation of smart meters in households and businesses, allowing for real-time monitoring of electricity consumption. With AMI, consumers can access detailed information about their electricity usage, helping them make informed decisions and potentially reduce energy consumption. Another aspect of the provision is the promotion of renewable energy sources, such as solar and wind power. Puerto Rico has abundant natural resources that can be harnessed to generate clean electricity. Incentives and policies are established to encourage the adoption of renewable energy systems, including subsidies, net metering, and tax credits. By increasing the share of renewable energy in the electricity mix, Puerto Rico aims to reduce dependence on fossil fuels and minimize the environmental impact of power generation. Grid modernization is also a critical component of the provision. The existing electrical grid in Puerto Rico is outdated and prone to failures, which often lead to widespread power outages. To address this issue, the government is investing in the modernization and strengthening of the grid infrastructure. This includes upgrading transmission and distribution systems, integrating advanced technologies for more efficient and reliable power delivery, and improving overall grid resilience. Furthermore, the provision emphasizes the importance of energy efficiency in premises. Energy audits and efficiency standards are implemented to assess and improve the energy performance of buildings. This involves measures like insulation, efficient lighting, and the use of energy-saving appliances. By promoting energy efficiency, Puerto Rico aims to optimize electricity consumption and reduce the strain on the grid. Overall, the Puerto Rico Provision Addressing Present and Future Demands for Electricity in the Premises encompasses various strategies and initiatives to ensure a reliable, sustainable, and resilient electricity supply on the island. By implementing advanced metering infrastructure, promoting renewable energy, modernizing the grid, and encouraging energy efficiency, Puerto Rico intends to meet the increasing electricity demands of its residents and businesses while minimizing environmental impact and improving overall system reliability.
