South Huntingdon 2nd Township, Westmoreland County

"A. The Facility Owner and Operator shall, at their expense, complete decommissioning of the Solar Electric Energy Facility or individual Solar Electric System within twelve (12) months after the end of the useful life of such Facility or System. ..." "E. Financial Security. At the time of approval of the Subdivision and Land Development Plan and permit for the Facility, the Owner shall provide Financial Security as defined herein to secure its obligations under this Section. 1. At the time of application, the Facility Owner shall provide the Township with an estimate of the cost of performing the decommissioning activities required herein. The estimate may include an estimated salvage and resale value, discounted by a factor of 10%. The decommissioning cost estimate formula shall be: Gross Cost of Decommissioning Activities minus 90% Credit of Salvage and Resale Value equals the decommissioning cost estimate. 2. On every fifth anniversary of the date of providing the Financial Security, the Facility Owner shall provide an updated decommissioning cost estimate utilizing the formula set forth above with adjustments for inflation and changes in costs and values. 3. If the decommissioning security amount increases, the Facility Owner shall remit the increased Financial Security within Thirty (30) Days of notice from the Township. 4. If the decommissioning security amount decreases by greater than 10%, the Township shall release from the security any amount in excess of 110% of the updated decommissioning cost estimate.”