Determination of Applicable Energy and Water Rates Sample Clauses

Determination of Applicable Energy and Water Rates. CUSTOMER and HONEYWELL agree that the Baseline unit costs of energy will be escalated by 2.5% each year to the first Guarantee Year, and, further, that the unit cost of energy used for reconciliations will be reviewed and adjusted each Guarantee Year of the Guarantee Period using the following methodology. For each Guarantee Year, the achieved energy cost avoidance or monetized payout amount in the case of an energy unit shortfall will be calculated using the escalated baseline utility rate for that Guarantee Year or actual average utility rate paid by CUSTOMER for that Guarantee Year, whichever is lower. CUSTOMER and HONEYWELL agree that the annual escalation adjustment will be 2.5% per year. The baseline unit cost of energy used determining the Year 1 monetized value of the energy avoidance is as presented in the table below; Base year energy unit cost (total cost for all buildings divided by total units for all buildings) Utility Type Utility Unit Cost/Unit Electricity $0.159/kWh Natural Gas $1.437/Therm Fuel Oil $3.144/Gallon Water/Sewer $11.204/per kGallon Annual Utility Rate Escalation Table (using 2.5% escalation)
Sample 1
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Related to Determination of Applicable Energy and Water Rates

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  • Number Resources, Rate Center Areas and Routing Points 13.1 Nothing in this Agreement shall be construed to limit or otherwise adversely affect in any manner either Party’s right to employ or to request and be assigned any Central Office Codes (“NXX”) pursuant to the Central Office Code Assignment Guidelines and any relevant FCC or Commission orders, as may be amended from time to time, or to establish, by Tariff or otherwise, Rate Center Areas and Routing Points corresponding to such NXX codes.

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