Measured Energy Savings definition

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.
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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.
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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 Sponsor shall mean the Energy Efficiency Service Provider or Eligible Customer that enters into this Agreement.
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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”).

  • 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.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 Performance Payment will be the remaining amount of the total incentive payment due based upon the Measured Demand Savings and Measured Energy Savings.

  • 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.

  • 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.

  • 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.

  • 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.

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

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 contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.

  • 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 measuring the difference, over the net metering period, between (i)

  • 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.

  • 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.

  • 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 means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, allocated, assigned or otherwise awarded or certified by any Governmental Authority, program administrator, certification board or similar entity in connection with the production or generation of each MWh of energy from the Project. For the avoidance of doubt, “Renewable Energy Credits” shall not include any ITC, State Renewable Energy Incentives or other tax benefits, credits, or incentives.

  • 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.

  • 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;

  • Qualifying Energy Efficiency Measures (EEMs) means either (i) standard gas or electric EEMs (i.e., measures found on any of the Standard Initiative applications); or (ii) measures eligible under the Custom Initiative approved by Ameren Illinois; or (iii) measures found in the Streetlighting or Retro-commissioning Initiative as identified in official program materials found on the Ameren Illinois Energy Efficiency website. The following technologies are not Qualifying EEMs: (i) technologies that do not demonstrate measurable and verifiable energy savings, including power conditioning; (ii) technologies that displace electrical energy use or natural gas to another fuel (i.e. fuel switching); or (iii) renewable energy projects (solar, wind power, etc.). Eligible gas measures do not include propane or butane measures.