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repi

   Also found in: Acronyms 0.03 sec.
repi [′rep·ē]
(hydrology)
A lake, pond, or other standing water body associated with a sink or subsidence of land surface.


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Nevertheless, given the small size of the REPI payments relative to the overall cost of the Wind Project and the small amount of power the Wind Project contributes to most of the members' overall power supply mix, Fitch does not view this development as a major credit risk.
Credit strengths include the solid list of power purchasers, the operating status of both phases of the project, the projected reasonable cost of the power (helped by the REPI payments) and the value of the renewable resource to the region.
The primary risks are an extended outage of the wind project and uncertainties related to the continuation of the Federal REPI program and annual Congressional appropriation needed for the disbursement of these funds.
 
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