Gross Savings definition

Gross Savings means the change in energy consumption and/or demand that results directly from program- related actions taken by participants in a program, regardless of whether the savings are ultimately attributable to the program. Gross savings may be deemed per unit based on ex-ante estimates or evaluated ex-post results.

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Gross Savings means the Gross Savings Percentage multiplied by the Premium expressed as a PMPM amount.

Gross Savings means any amounts by which the MCP is less than the MCT, adjusted by the Paid/Allowed Ratio, as calculated by Anthem, at the end of a Measurement Period for each product requiring a separate product specific calculation. Gross Savings can be in the form of risk adjusted per member per month (PMPM) or a percent of premium paid, depending on the product or line of business.

Examples of Gross Savings in a sentence

Calculation of Gross and Net Energy Savings and Peak Impacts Gross Savings The basic calculation process for gross savings is conducted in four parts using the CalTRACK calculation methods after data collection and sufficiency checks.
Adjusted Gross Savings A comparison group will be maintained by PG&E throughout the Delivery Period for a gross savings adjustment.
In the event that Landacorp does not meet the minimum Quality Performance and Minimum Gross Savings standards, Landacorp will reimburse Customer the amount defined below.
The savings payment due to Landacorp will be [*] of Program Gross Savings in excess of the Shared Savings Threshold for the Program Period.
For the purpose of performing calculations under this Section II Paragraph 2.3 of this Agreement, claim amounts will be included in the calculation of Program Gross Savings beginning the first day of the month following identification of the member as a candidate for Intervention, either through the Data Management and Targeting services performed by Landacorp, or as an Ad Hoc member identified by the plan.
Gross Savings Percent3 62.00% Hurdle Rate (par level for savings incentive calculation, detailed in Section III below).
Use full first-year gross first-year kWh savings per units Use full first-year gross first-year kWh savings per units Source of Estimated First-Year Gross Savings Enter “TM” for calculations based on Technical Manual, “C” for custom measures, or “O” for calculations based on some other database.
Payment for the value of Cenergistic’s Intellectual Property and the continuing benefits of the program after termination: in the amount of $65,700 which represents 15% of Projected Performance Year One Total Gross Savings per the Cenergistic matrix; plus b.
Because Program Gross Savings in excess of the Shared Savings Threshold will already have been realized by Customer, no savings payment will be due or payable by Landacorp to Customer.
In the NGACO Model, Gross Savings (or Loss) is the difference between: (1) the Performance Year Benchmark for the Performance Year; and (2) the Performance Year Expenditure incurred by Beneficiaries aligned to the NGACO for that year.

More Definitions of Gross Savings

Gross Savings means the values reported by a gas utility after the Demand Program activities have been completed, but prior to the time an independent, third-party evaluation of the savings is performed. As with projected savings estimates, these values may utilize results of prior evaluations and/or values in technical reference manuals. However, they are adjusted from projected savings estimates by correcting for any known data errors and actual installation rates and may also be adjusted with revised values for factors such as per-unit savings values, operating hours, and savings persistence rates. Gross savings can be indicated as first year, annual demand or energy savings, and/or lifetime energy or demand savings values.

Gross Savings means the dollar amount represented by the difference between the MPMLR and the MLRT, when the MPMLR is less than the MLRT, and multiplied by the Premium paid to Anthem as calculated by Anthem following an MA Measurement Period.

Gross Savings means savings determined as either: 1) program activity multiplied by per unit savings assumptions for prescriptive programs; or 2) reported savings multiplied by the realization rate for engineered or custom program streams.

Gross Savings means the energy and demand savings that result from program activities without regard to the reasons behind the decision to participate in those programs.

Gross Savings means the change in energy consumption and/or demand that results directly from program-related actions taken by participants in an efficiency program, regardless of why they participated. Gross impact estimates also account for factors associated with actual measure installations and operations verified through evaluation activities (e.g., data errors, installation and persistence rates, and hours of use).

Gross Savings means the values reported by an electric utility after the Demand Program activities have been completed, but prior to the time an independent, third-party evaluation of the savings is performed. As with projected savings estimates, these values may utilize results of