Measured Energy Savings definition

Measured Energy Savings means the Energy Savings derived during the Performance Period from the Measures installed at the Project Site as determined in accordance with the Measurement and Verification Plan found in the Final Application, set forth in Exhibit B, and as documented in a Savings Report approved by SWEPCO.
Sample 1Sample 2Sample 3
Measured Energy Savings means the Energy Savings derived from the Measures installed at the Project Site as determined in accordance with the Measurement and Verification Plan found in the Final Application, set forth in Exhibit B, and as documented in the electronic project details approved by Xcel Energy.
Sample 1Sample 2Sample 3
Measured Energy Savings. The Energy Savings derived during the Performance Period from the Measures installed at the Project Site(s), as determined in accordance with the Measurement and Verification Plan set forth in Exhibit D of the Agreement.
Sample 1

Examples of Measured Energy Savings 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”).

  • 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.

  • 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.

  • If the Savings Report indicates that the Measured Energy Savings and Measured Demand Savings are less than the estimated Energy Savings and Demand Savings, the total Incentive Payment will be less than the payment estimated in the Agreement.

  • The total incentive payments due to the Vendor will be calculated by multiplying the Deemed Energy Savings and the Measured Energy Savings by the applicable incentive price associated with the Measures installed at the Project Site (the "Incentive Rate").

  • All payments shall conform to the following, which may be changed at the sole discretion of CenterPoint Energy: CenterPoint Energy agrees to make incentive payments to the Vendor based upon the Deemed Energy Savings or Measured Energy Savings derived from each project.

  • Measured Energy Savings and Demand Reduction from a Reflective Roof Membrane on a Large Retail Store in Austin.

  • If the Savings Report indicates that the Measured Energy Savings and Measured Demand Savings are less than the estimated Energy Savings and Demand Savings, the totalIncentive Payment will be less than the payment estimated in the Agreement.

  • The total incentive payment shall be payable in two installments for incentive payments based on a combination of Deemed Energy Savings and Measured Energy Savings.

  • Under the Measured Savings approach, the Performance Payment is issued, based on the Project’s verified Measured Energy Savings and Measured Demand Savings minus the amount paid in the Installation Payment.


More Definitions of Measured Energy Savings

Measured Energy Savings means the Energy Savings derived during a single year from the Measures installed at the Project Site(s), as determined in accordance with the Texas TRM. Performance Payment shall mean the second of two Incentive Payments available to be earned by a Project Sponsor using the Measured Savings approach under the terms of this Agreement. The Performance Payment is based on the one-year Measured Energy Savings documented in EPE’s M&V Guidelines and may be up to 60% of the total estimated Incentive Payment included in this Agreement. Performance Period shall mean the period following the approval of a Project Sponsor’s Installation Report during which measurement and verification are to take place. Demand Savings and Energy Savings measured over this period form the basis of the Performance Payment made to the Project Sponsor at the end of the M&V process. Project shall mean an Energy Efficiency Measure or a combination of Measures installed at a Project Site under this Agreement that results in both Energy Savings and Demand Savings. Project Application (PA) shall mean the application submitted by an applicant to express intent to participate as a Project Sponsor in the SOP. The PA contains information on the Project Sponsor, proposed Project(s), proposed EEMs, and Demand Savings and Energy Savings estimated to result from the proposed Project(s). The Demand Savings and Energy Savings estimates are used to reserve Incentive Payment funds for the proposed Project(s). The PA also includes forms that provide the Project Sponsor's detailed plans for implementing a Project. A complete PA will contain a detailed equipment survey of the Existing Equipment and proposed equipment that includes name plate data, equipment location, and operation information, and describes the proposed Energy Efficiency Measure installations in detail, including the Project Sponsor's final M&V Plan, estimated Demand Savings and Energy Savings, and estimated Incentive Payments based on engineering analysis and site audit. Project Site shall mean the location of a Customer’s building(s), structure(s), or other facility(s) where approved Measures will be installed in accordance with this Agreement and from which Demand Savings and Energy Savings will be achieved. A single Project may include Measures installed at multiple Project Sites. Project Sponsor shall mean the Energy Efficiency Service Provider or Eligible Customer that enters into this Agreement. PUCT shall mean the Public Utility Co...
Sample 1

Related to Measured Energy 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;

  • Energy savings performance contract means a public contract between a contracting agency and a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures, including a design-build contract, that guarantee energy savings or performance.

  • 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;

  • Energy year or "EY" means the 12-month period from June 1st

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • 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.

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

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

  • 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;

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

  • Energy Performance Score means the numeric rating generated by Portfolio Manager that compares the Energy usage of the building to that of similar buildings.

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • nuclear energy hazard means the radioactive, toxic, explosive, or other hazardous properties of radioactive material;

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Energy efficiency measure means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, upgrades to a building envelope such as insulation and glazing; improvements in heating, ventilating and cooling systems; automated energy control systems; improved lighting, including daylighting; energy‑recovery systems; combined heat and power systems; or another utility cost‑savings measure approved by the governing body.

  • Building Energy Benchmarking means the process of measuring a building’s Energy use, tracking that use over time, and comparing performance to similar buildings.

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Metered Energy means the quantity of electric energy, expressed in kWh, as measured by (i) the CAISO-Approved Meter(s), which quantity will be adjusted so as not to include compensation factors, if any, introduced by the CAISO into the CAISO-Approved Meter(s) other than (x) electric energy consumed within the generator collection system as losses between the generator(s) and the high voltage side of the Generating Facility output transformer(s) and, (y) if applicable, the Generating Facility’s radial line losses, or (ii) Check Meters, as applicable, in each case for the specified Metering Interval.

  • Plan for moderate income housing means a written document adopted by

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Renewable Energy Credits or “RECs” – means a renewable energy credit as defined in the Green-e Energy National Standard and shall include all the renewable attributes associated with the applicable level of corresponding energy production.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Government energy aggregation program means a program and

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Delivered Energy means the kilowatt hours of Electricity actually fed and measured by the energy meters at the Delivery Point and as certified by SLDC/MSEDCL authorities.