Baseline Energy Cost definition

Baseline Energy Cost means the amount in Turkish Lira (a) the annual energy and water consumption levels at the Site prior to the implementation of the energy savings measures by the ESCO; and (b) the applicable unit rates, (each as set forth in the M&V Plan).
Baseline Energy Cost means the Baseline Energy multiplied by the applicable unit rates as set forth in Schedule 6 (Baseline Energy Consumption and Baseline Unit Rates). "Bill of Quantities (BOQ)" means the priced and completed bill of quantities submitted by ESCO, representing the Construction Works to be performed by XXXX, as set out in the Schedule 4 (Contract Price and Payment Schedule).
Baseline Energy Cost in respect of a calendar month, means the amount in Dirhams identified as the "Baseline Energy Cost" for that month in Schedule 8 (Baseline Energy Consumption, Baseline Unit Rates and Baseline Energy Cost), based on: (a) the energy and water consumption levels [CHOICE: (i) [at the Premises] or (ii) [in respect of the Systems]]2 prior to the implementation of the energy savings mechanisms by the ESCO; and (b) the applicable unit rates, (each as set forth in that Schedule). Where the Operations Date does not occur on the first day of a calendar month, the Baseline Energy Cost for the First Month and the Final Month will be reduced proportionately accordingly to the number of Days in the First Month or Final Month (as applicable).

Examples of Baseline Energy Cost in a sentence

  • Transportation of portions of the building or work between a secondary site where a significant portion of the building or work is constructed, which is part of the ‘‘site of the work’’ defini- tion in paragraph (1)(ii) of this section, and the physical place or places where the building or work will remain (para- graph (1)(i) in the ‘‘site of the work’’ definition of this section).

  • Any payments to be made by the Client to the ESCO in respect of the determination of the Site’s Baseline Energy Consumption, Baseline Unit Rates and Baseline Energy Cost shall be as separately itemized in Schedule 4 ( Contract Price and Payment Schedule).

  • In the event that either Party is in default of any of its obligations under this Contract (including if a representation or warranty given by a Party under this Contract (other than a representation by the Customer regarding the Information, in which case the remedy shall be an appropriate adjustment to the Baseline Energy Cost) proves to be untrue), the Party not in default may provide the defaulting Party with written notice of its default ("Notice of Default").

  • For the avoidance of doubt, the Energy Savings for each Month will be calculated based on the fixed tariff rates for energy and water consumption specified in Schedule 8 (Baseline Energy Consumption, Baseline Unit Rates and Baseline Energy Cost), notwithstanding any subsequent increase in those rates during the Term.

  • In such circumstances the ESCO shall also be entitled to adjust the Baseline Energy Cost to reflect the revised Information provided by the Customer.

  • Notwithstanding the above, the ESCO acknowledges and accepts that it shall not rely on the Information provided by the Customer and confirms that it has carried out a thorough inspection of the Premises for the purposes of establishing the Baseline Energy Cost and Guaranteed Energy Savings and shall exclusively rely on all Information gathered during such inspection of the Premises when executing its obligations under this Agreement.

  • An example of how this could be set out is indicated below and will need to be amended on a case by case basis: Month Baseline Energy Consumption (Units) Baseline Unit Rates (Dirhams) Baseline Energy Cost (Dirhams) [kWh] [IG] [per kWh] [per IG] January February March April May June July August September October November December ] Schedule 9 ENERGY SAVINGS TARGETS AND REPORTING18 The Monthly Energy Savings Targets are included for the purposes of clause 18 only.

  • China’s financial system remains primarily bank-based, with a ratio of bank credit to total intermediation (credit and private securities outstanding) of 60 percent, very high by international standards (Annex 3).

  • Horak, I.G., Camicas, J.L. & Keirans, J.E. 2002, "The Argasidae, Ixodidae and Nuttalliellidae (Acari: Ixodida): a world list of valid tick names" in Ticks and tick-borne pathogens, proceedings of the 4th international conference on tick and tick-borne diseases, eds.

  • For the avoidance of doubt, the Energy Savings will be calculated based on the fixed tariff rates for energy and water consumption specified in Schedule 9 (Baseline Energy Consumption, Baseline Unit Rates and Baseline Energy Cost), notwithstanding any subsequent increase in those rates during the Term.


More Definitions of Baseline Energy Cost

Baseline Energy Cost means the amount in Dirhams identified as the "Baseline Energy Cost" in Schedule 9 (Baseline Energy Consumption, Baseline Unit Rates and Baseline Energy Cost), based on: (a) the annual energy and water consumption levels [CHOICE: (i) [at the Premises] or (ii) [in respect of the Systems]]2 prior to the implementation of the energy savings mechanisms by the ESCO; and (b) the applicable unit rates, (each as set forth in that Schedule).

Related to Baseline Energy Cost

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Energy year or "EY" means the 12-month period from June 1st

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Renewable Energy Credits or “RECs” – means a renewable energy credit as defined in the Green-e Energy National Standard and shall include all the renewable attributes associated with the applicable level of corresponding energy production.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Building Energy Benchmarking means the process of measuring a building’s Energy use, tracking that use over time, and comparing performance to similar buildings.

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Annual Energy Use means, (i) with respect to the first 5 years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWhs”), within the Party’s respective jurisdiction and (ii) with respect to the period after the fifth anniversary of the Effective Date, the annual electricity usage, expressed in kWhs, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit C, and shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Baseline area means any intra- state area (and every part thereof) des- ignated as attainment or unclassifiable under section 107(d)(1)(A)(ii) or (iii) of the Act in which the major source or major modification establishing the minor source baseline date would con- struct or would have an air quality im- pact for the pollutant for which the baseline date is established, as follows: equal to or greater than 1 μg/m3 (an- nual average) for SO2, NO2, or PM10; or equal or greater than 0.3 μg/m3 (annual average) for PM2.5.(ii) Area redesignations under section 107(d)(1)(A)(ii) or (iii) of the Act cannot intersect or be smaller than the area of impact of any major stationary source or major modification which:

  • mean high water springs or “MHWS” means the highest level which spring tides reach on average over a period of time;

  • Energy conservation measure means a training program or facility alteration designed to reduce energy consumption or operating costs and includes:

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding. List of Approved Contractors:

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Landed Resources means when the Contractor or its Sub-contractor causes foreign nationals to be brought to the United Kingdom, to provide the Services.

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).