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.
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Energy Use Savings are those savings achieved through reduction in energy and demand use. XxXxxxx 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.
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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 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.

Related to Energy Use Savings

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

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

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • 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.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;