← All glossary terms

Finance, Valuation, and Incentives

Service credit

Service credit is a contractual credit owed when service levels are missed. It is a common SLA remedy, but it may be capped and may not compensate for all losses caused by downtime.

Explore more terms

Job creation threshold

Job creation threshold is the number, wage level, or type of jobs required to qualify for an incentive. Data centers can be capital-intensive with relatively low permanent headcount, so job metrics often need careful explanation.

Read definition →

Load ramp

Load ramp is the phased increase of customer demand over time. Utilities care about ramp because generation, transmission, substations, transformers, and capacity obligations may not be available all at once.

Read definition →

Conditional use permit

Conditional use permit is similar to special use permit and authorizes a use subject to conditions designed to address local impacts. Terminology varies by jurisdiction, so the local code controls.

Read definition →