Energy Unit Savings definition

Energy Unit Savings means the savings in units of energy, power, water, etc., calculated by ENGIE Services U.S. in the manner set forth in this Attachment E, Section (III), achieved through the reduction in consumption or demand through implementation of the Work.
Energy Unit Savings. The energy conservation savings in units of energy, power, water, etc., achieved in a given Measurement Year through the reduction in energy consumption, demand, energy rates, maintenance, or materials. Units of energy may include kWh, MCF, MMBTU, Gallons and are identified in Exhibit D. For a given Measurement Year, it is equal to the Baseline less actual energy use.

Examples of Energy Unit Savings in a sentence

  • The Average Energy Unit Savings will be applied to all subsequent Measurement Periods to determine the Energy Unit Savings for each remaining Measurement Period.

  • If information for the relevant Measurement Period is supplied at a later date, the Energy Unit Savings will be modified only if and to the extent that the calculated savings for such period exceed the Projected Energy Savings for such period.

  • The Energy Unit Savings (kWh) shall be the sum of the calculated annual unit consumption savings for each retrofit.

  • The following details the methodologies and calculations to be used in determining the Energy Unit Savings under this Contract.

  • After applying such Average Energy Unit Savings for each subsequent Measurement Period and calculating the resulting EC Savings, if the sum of (i) such calculated EC Savings for any future Measurement Period plus (ii) the Annual M&V Fee for such Measurement Period is greater than the Guaranteed Savings for that Measurement Period, then such excess will be Excess Savings and the Savings Guarantee will have been met for that Measurement Period.

  • Energy Use Savings will be calculated by Chevron Energy Solutions as the product of (i) the Energy Unit Savings multiplied by (ii) the greater of (a) the applicable Base Energy Rate or (b) the applicable Actual Energy Rate.

  • If Manhattan Beach USD fails to notify Chevron Energy Solutions of changes in Energy Use Factors or fails to supply Chevron Energy Solutions in a timely manner with information that is requested by Chevron Energy Solutions for the calculation of EC Savings, the Energy Unit Savings for the relevant Measurement Period will be deemed equal to the corresponding Projected Energy Savings for such period.

  • For any Measurement Period beginning with the fifth (5th) Measurement Period, upon completion of that Measurement Period’s Energy Savings Report, Chevron Energy Solutions has the right to calculate the Average Energy Unit Savings which have occurred over all previous Measurement Periods.

Related to Energy Unit Savings

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • 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.

  • Solar energy system means a system of components that produces heat or electricity, or both, from

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.

  • Electric generation service means the provision of retail

  • energy storage means, in the electricity system, deferring the final use of electricity to a moment later than when it was generated, or the conversion of electrical energy into a form of energy which can be stored, the storing of such energy, and the subsequent reconversion of such energy into electrical energy or use as another energy carrier;