Committee discusses EQR utilization-rate change that could free ~1,500 EQRs
Counsel and consultants presented scenarios applying an occupancy 'utilization rate' to EQR allocation; at an 85% utilization assumption, roughly 1,500 additional EQRs could be made available under current plant capacity, though risks and safeguards were noted.
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Counsel outlined a proposed change to how Equivalent Residential Units (EQRs) are calculated in the JFOC agreement, replacing the current 100% occupancy assumption with a utilization rate that reflects seasonal vacancy patterns. "At an 85% utilization rate, approximately 1,500 additional EQRs could be made available under the existing plant capacity," the presentation stated.
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