Energy Use Savings definition

Energy Use Savings means, for any Measurement Period, those savings, having units of dollars ($), achieved for such Measurement Period through reductions in energy use, energy demand, water use, and the use of other commodities.
View Source
Energy Use Savings are those savings achieved through reduction in energy and demand use. ▇▇▇▇▇▇▇ will calculate Energy Use Savings achieved at each of the Facilities by subtracting the energy consumption for the then current monthly period from the Energy Use Base for the corresponding month as set forth in Schedule B hereof, and multiplying the number of units saved (i.e., therms of natural gas, kilowatts, kilowatt hours, pounds of steam, and gallons of oil) by the Base Energy Rates applicable to such monthly period. The dollar amount arrived at by such calculation shall be the Energy Use Savings for such monthly period.
View Source

Examples of Energy Use Savings in a sentence

  • EC Savings for any Measurement Period will be equal to the sum, for such Measurement Period, of (i) the Energy Use Savings, plus (ii) the Stipulated Non-Energy Savings, in each case as adjusted for changes in Energy Use Factors during such Measurement Period.

  • Energy Use Savings will be calculated by OpTerra Energy Services as the product of (i) the Energy Unit Savings multiplied by (ii) the applicable Base Energy Rate.

  • EC Savings for any Measurement Period will be equal to, for such Measurement Period, the Energy Use Savings as adjusted for changes in Energy Use Factors during such 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.

  • Calculation of EC Savings shall be derived from the cumulative monthly savings achieved from the sum of the Energy Use Savings, Fuel Switch Savings, Energy Rate Reduction Savings, Maintenance and Materials Savings, and Other Identified Savings, all as defined below, as adjusted pursuant to changes in the factors affecting energy use, as provided in Section VII of this Agreement.

  • EC Savings for any Measurement Period will be equal to the Energy Use Savings, as adjusted for changes in Energy Use Factors during such Measurement Period.

  • EC Savings will be determined by adding together the Energy Use Savings, Fuel Switch Savings, Energy Rate Savings and Stipulated Savings for each Contract Year.

  • Energy Use Savings will be calculated by Opterra ES 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.

  • Contractor will calculate Energy Use Savings achieved at the Client's Facilities according to the M&V Protocols detailed in Schedule F.

  • EC Savings for any Measurement Period will be equal, for such Measurement Period, to the Energy Use Savings, as adjusted for changes in Energy Use Factors during such Measurement Period.

Related to Energy Use 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;

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

  • energy service means the physical benefit, utility or good derived from a combination of energy with energy-efficient technology or with action, which may include the operations, maintenance and control necessary to deliver the service, which is delivered on the basis of a contract and in normal circumstances has proven to result in verifiable and measurable or estimable energy efficiency improvement or primary energy savings;

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

  • 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;