Guaranteed Savings means, for a given Contract Year, the Price for the Contract Year specified in Section 4.1 times the sum of the Guaranteed Demand Reductions for each month of the Contract Year specified in Section 4.3.

Guaranteed Savings means a program in which a company guarantees a user a predetermined reduction in energy costs. The company guarantees that energy costs plus all costs of the energy conservation measures or services pro- vided will be less than the user's normal energy costs.

Guaranteed Savings means, for any Measurement Period, the dollar amount set forth below for such Measurement Period, as the same may be adjusted from time to time by Chevron Energy Solutions for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline: Measurement Period Guaranteed Savings 1 $359,131 2 $376,420 3 $394,544 4 $413,543 5 $433,459 6 $454,337 7 $476,224 8 $499,167 9 $523,219 10 $548,433 11 $574,865 12 $602,574 13 $631,623 14 $662,076 15 $694,001 16 $727,469 17 $762,556 18 $799,339 “IPMVP” means the International Performance Measurement and Verification Protocol prepared by Efficiency Valuation Organization.

Examples of Guaranteed Savings in a sentence

The Contractor shall pay to the Owner, for any Savings Year, the amount, if any, by which the Guaranteed Savings exceeds the total Energy and Water Savings for such Savings Year (the “Guaranteed Savings Payment”).
The Guaranteed Savings, as presented in Table A1, were calculated by escalating the Baseline Period rates one year.
If at any point the Owner declines to extend the M&V Services in compliance with this Section 3.2.1, it agrees that ESG shall no longer be obligated to perform the remaining M&V Services, the Total Guaranteed Savings shall be considered fully satisfied and this Agreement will be terminated.
Modification of ECMs and installation of additional ECMs do not excuse payment of Guaranteed Savings Payments pursuant to Section 11.3, if Guaranteed Savings are not achieved by such modification or installation.
Exhibit 3 Form of Program Agreement [See attached] Exhibit 4 Form of Application for Payment To: [ ] (the “Owner”) From: [ ] (the “Contractor”) Pursuant to Section 8.2 of the Guaranteed Savings Agreement, dated as of [ ] [ ], 20[ ] between the Owner and the Contractor (the “Guaranteed Savings Agreement”), the Contractor hereby applies for Amount Payable set forth below, such amount representing the amount due for having achieved the milestones identified below.

More Definitions of Guaranteed Savings

Guaranteed Savings is defined as the amount of Energy and Operational Cost Savings.

Guaranteed Savings is defined as the total scheduled amount of Cost Avoidance that Honeywell is guaranteeing, as set forth in Section D.1 of Part D.

Guaranteed Savings means the amount of Savings that SIEMENS guarantees will be achieved at the Facility during the Performance Guarantee Period. as identified in the Performance Assurance, Exhibit C as subject to the limitation identified in Section 4.8.

Guaranteed Savings means the realized savings by the subscriber as the difference between the cost of a subscription to a community solar facility and the bill credit received for the generation attributed to the subscription.

Guaranteed Savings means the amount of energy, water or wastewater cost savings, operational cost savings or revenue increases resulting from the Selected ECMs. The Guaranteed Savings may be referenced in this Contract (and the Schedules and Exhibits thereto) on either an annual basis, meaning the Annual Guaranteed Savings for any single year of the Guarantee Period, or on a grand total basis, meaning the Total Guaranteed Savings achieved during the fifteen-year Guarantee Period.

Guaranteed Savings. The savings as provided in Schedule A Baseline Consumption and Guaranteed Savings. Interim Period: The period from contract execution until the Effective Date.

Guaranteed Savings means the agreed upon level of energy savings, operational cost savings, and revenue enhancements guaranteed in a GESPC. Guaranteed Savings must meet or exceed the total annual contract payments made by the Owner (as hereinafter defined) for the GESPC, including financing charges to be incurred over the life of the contract.