Operation and maintenance cost savings definition

Operation and maintenance cost savings means a quantifiable and governmental unit approved decrease in operation and maintenance costs or future replacement expenditures that is a direct result of the implementation of 1 or more utility cost-savings measures. Operation and maintenance cost savings shall be calculated in comparison with an established baseline of operation and maintenance costs.

Operation and maintenance cost savings means a measurable difference between operation and maintenance costs after the installation of the utility cost-savings measures pursuant to the guaranteed energy-savings agreement and the baseline operation and maintenance costs after inflation adjustments have been made. Operation and maintenance costs savings shall not include savings from in-house staff labor.

Operation and maintenance cost savings means a measurable decrease in operation and maintenance costs as a direct result of cost-saving measures calculated using baseline operation and maintenance costs. The term does not include the shifting of personnel costs or similar short-term cost savings that cannot be definitively measured.

Examples of Operation and maintenance cost savings in a sentence

• Operation and maintenance cost savings shall be calculated in comparison with an established baseline of operation and maintenance costs.History: 2012, Act 625, Eff.

• Operation and maintenance cost savings" means a measurabledecrease in difference between operation and maintenance costs after the installation of the utility cost-savings measures pursuant to the guaranteed energy savings agreement and the baseline operation and maintenance costs that is a direct result of the implementation of one or more utility cost-savings measures but does after inflation adjustments have been made.

• Characterize efficiency technologies> Costs• Capital• Operation and maintenance (cost savings = negative costs)> Performance• Baseline efficiency (expected efficiency level now and in future absent program)• Target efficiency (expected efficiency level over time with program)• Load shape (timing of savings during year)5.

• Operation and maintenance cost savings means a measurable decrease in these costs and future replacement expenditures that result directly from implementing one or more utility cost savings measures.

More Definitions of Operation and maintenance cost savings

Operation and maintenance cost savings means a measurable decrease in operation and

Operation and maintenance cost savings means a measurable decrease in NET operation and maintenance costs that is a direct result of the implementation of one or more utility cost savings measures or one or more vehicle fleet operational and fuel cost-savings measures. The savings shall be calculated in comparison with an established baseline of NET operation and maintenance costs.

Operation and maintenance cost savings means a measurable decrease in operation and maintenance costs that is a direct result of the implementation of one or more utility cost-savings measures. Such savings shall be calculated in comparison with an established baseline of operation and maintenance costs.

Operation and maintenance cost savings means a measurable decrease in difference between operation and maintenance costs after the installation of the utility cost-savings measures pursuant to the guaranteed energy savings agreement and the baseline operation and maintenance costs that is a direct result of the implementation of one or more utility cost-savings measures but does after inflation adjustments have been made. Operation and maintenance costs savings shall not include savings from in-house staff labor. Such savings shall be calculated in comparison to an established baseline of operation and maintenance costs.

Operation and maintenance cost savings means a measurable decrease in operation and maintenance costs that are a direct result of the implementation of one or more utility cost-savings measures, but do not include savings from in-house staff labor. The savings must be calculated in comparison to an established baseline of operation and maintenance costs.

Operation and maintenance cost savings means a measurable difference between operation and maintenance costs after the installation of the Energy Conservation Measure (ECM) pursuant to the guaranteed energy savings agreement and the baseline operation and maintenance costs after inflation adjustments have been made.

Operation and maintenance cost savings means a measurable reduction in operating or maintenance costs on a long-term basis that is a direct result of the installation of new equipment or the implementation of a new service in connection with one or more conservation measures when compared with an established baseline. The term does not include any savings that are realized solely because of a shift in the cost of personnel or other similar short-term cost savings related to or generated by outsourcing or using contract workers to perform tasks previously performed by employees.