Measured Energy definition
Examples of Measured Energy in a sentence
The total incentive payments due to the Project Sponsor will be calculated by multiplying the Measured Demand Savings and Measured Energy Savings by the applicable incentive prices associated with the Measures installed at the Project Site (the “Incentive Rates”).
The Performance Payment will be the remaining amount of the total incentive payment due based upon the Measured Demand Savings and Measured Energy Savings.
VII.1 Xcel Energy agrees to make incentive payments to the Project Sponsor based upon the Measured Demand Savings and Measured Energy Savings derived from the Project.
VI.2 Within thirty (30) days of the conclusion of the Performance Period, the Project Sponsor shall submit the project details and documentation electronically for review and approval to Xcel Energy documenting the Measured Demand Savings and Measured Energy Savings for the Performance Period.
Under no circumstances shall the Incentive Payment exceed the Estimated Payment Amount included in the Final Application, regardless of Measured Demand Savings and Measured Energy Savings.
VII.5 Under no circumstances shall Xcel Energy pay incentives for Measured Energy Savings that exceed 5,256 kWh for every 1 kW of Measured Demand Savings achieved, corresponding to a Large Commercial Project maximum load factor of 60% or pay incentives for Measured Energy Savings that exceed 3,942 kWh for every 1 kW of Measured Demand Savings achieved.
If the average Power Factor during any Billing Period is found to be less than 90% lagging, the Measured Energy during such Billing Period will be increased by 3/4 of 1% for every 1%, or portion thereof, that the Power Factor is less than 90%.
The total incentive payment for this Project shall not exceed $ based upon a Demand Savings of kW and a total Annual Energy Savings of kWh. No more than sixty-five percent (65%) of the Measured Demand Savings and Measured Energy Savings for the Project may be derived from lighting measures.
No more than sixty-five percent (65%) of the Measured Demand Savings and Measured Energy Savings for the Project may be derived from lighting measures.
If the average Power Factor during any Month is found to be less than 90% lagging, the Measured Energy during such Month will be increased by 3/4 of 1% for every 1%, or portion thereof, that the Power Factor is less than 90%.