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This document outlines the agreement between the Customer and Southern California Edison Company regarding a discounted electric rate for increased energy purchases over a five-year period.
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How to fill out INTERIM ECONOMIC DEVELOPMENT RATE-EXPANSION AGREEMENT

01
Begin by downloading the INTERIM ECONOMIC DEVELOPMENT RATE-EXPANSION AGREEMENT form from the relevant authority's website.
02
Carefully read the instructions provided with the form.
03
Fill in the date at the top of the form.
04
Provide your business information, including the name, address, and contact details.
05
Include the specific economic development rate you are applying for.
06
Discuss the reasons for the expansion and provide any necessary supporting documentation.
07
Specify the expected duration of the agreement.
08
Sign the agreement with the appropriate representative’s signature and include their title.
09
Submit the completed form to the designated authority as per their submission guidelines.

Who needs INTERIM ECONOMIC DEVELOPMENT RATE-EXPANSION AGREEMENT?

01
Businesses planning to expand their operations and seeking financial incentives.
02
Companies that meet the eligibility criteria outlined by their local economic development authority.
03
Organizations looking to lower operating costs through economic development support.
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The INTERIM ECONOMIC DEVELOPMENT RATE-EXPANSION AGREEMENT is a temporary contract designed to encourage businesses to expand their operations within a certain jurisdiction by providing them with reduced utility rates or other economic incentives during the expansion period.
Businesses that are seeking economic incentives for expansion, such as reduced utility rates, are typically required to file the INTERIM ECONOMIC DEVELOPMENT RATE-EXPANSION AGREEMENT with the relevant economic development or utility authority.
To fill out the INTERIM ECONOMIC DEVELOPMENT RATE-EXPANSION AGREEMENT, businesses must provide specific information regarding their current operations, the proposed expansion plans, estimated costs, and job creation figures. It usually involves completing designated sections in the agreement form and submitting required attachments.
The purpose of the INTERIM ECONOMIC DEVELOPMENT RATE-EXPANSION AGREEMENT is to stimulate local economic growth by providing financial incentives to businesses that are willing to invest in expansion, thereby creating jobs and increasing the tax base in the region.
Information that must be reported includes business identification details, expansion project description, investment amounts, projected job creation, timelines for completion, and any other financial projections relevant to the proposed development.
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