Definition
An additional financial security mechanism under Section 3.4.2(iii) of the LGIP that allows an Interconnection Customer to maintain its Queue Position when regulatory limitations imposed by a local, state, or federal governmental authority prevent it from demonstrating full Site Control. The deposit is $10,000 per MW of the proposed Generating Facility's capacity, subject to a minimum of $500,000 and a maximum of $2,000,000. This deposit is applied against LGIA financial security requirements when Site Control is later demonstrated.
Topic Deck
Generator Interconnection
Source
FERC Pro Forma OATT / LGIP
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