S.L. 601.11 Art. 7Validity of bid price per kWh. 601.11 7

(1) An approved renewable energy installation shall be commissioned and an application to connect the installation to the distribution system has been submitted to the distribution system operator within eighteen (18) months to be reckoned as from the date of the letter of award issued by the Contracting Authority to the BETWEEN 400KWP AND LESS THAN 1000KWP) [S.L.

successful bidder to secure the eligibility of the awarded bid price per kWh.

(2) If the successful bidder fails to comply with sub-regulation (1), the time to commission and apply to connect the approved renewable energy installation to the distribution system as indicated in sub-regulation (1) may be extended once only by six months by means of a request in writing to the Contracting Authority and made in the format required by the Contracting Authority:

Provided that the price payable to the successful bidder for electricity generated and sold to the distribution system operator for the particular approved renewable energy installation shall be equivalent to the awarded bid price per kWh, less €0.005/kWh for all electricity generated and sold to the distribution system operator up to the amount indicated in regulation 5(6), for the guaranteed period.

(3) The time necessary for the successful bidders to obtain the necessary authorisations, licences and permits as applicable, shall not suspend the running of the time periods stated in sub-regulations

(1) and (2), being the maximum time within which an approved renewable energy installation must be commissioned and an application to connect the installation to the distribution system has been submitted to the distribution system operator, for the award pursuant to the competitive bidding process to remain valid. Failure to comply with sub-regulation (1) and sub-regulation (2) (when an application for an extension has been made), shall lead to the automatic withdrawal of the award and the forfeiture of the performance bond.