Peak Demand Savings definition

Peak Demand Savings means the Peak Demand Reduction as calculated pursuant to the Compensation Schedule.

Peak Demand Savings means a pre-determined, validated estimate of Peak Demand Savings attributable to a Measure in a particular type of application, as filed in the TRM.

Peak Demand Savings means, for purposes of the XCEL ENERGY Standard Offer Program, the maximum average load reduction occurring during any one-hour period between 1 PM and 7 PM CDT weekdays, from May 1 through September 30 (holidays excluded). Peak Demand Savings will be determined by comparing the efficiency of the installed equipment to that of an appropriate baseline.

Examples of Peak Demand Savings in a sentence

• This inspection shall be used to determine whether the Measures were installed and are capable of performing their intended function of producing Peak Demand Savings and Energy Savings.

• These inspections shall be used to determine whether the Measures were installed and are capable of performing their intended function of producing Peak Demand Savings and Energy Savings.

• This inspection shall be used to determine whether the Measures were installed and are capable of performing their intended function of producing Energy Savings and Peak Demand Savings.

• If TNMP determines that any of the Measures installed at the Project Site are not capable of providing Peak Demand Savings and Energy Savings in material compliance with the Contract Documents, a reduction of savings may be required for purposes of calculating the Incentive Payment in Section 6.

• If Frontier determines that any of the Measures installed at the Project Site are not capable of providing Peak Demand Savings and Energy Savings in material compliance with the Contract Documents, a reduction of savings may be required for purposes of calculating the Incentive Payment.

More Definitions of Peak Demand Savings

Peak Demand Savings means reduction in demand on the utility’s system at the times of the utility’s summer or winter peak period, consisting of the hours from 1 PM and 7 PM CDT, during the months of June, July, August and September and during the hours between 6 AM and 10 AM and 6 PM and 10 PM during the months of December, January and February, excluding weekends and Federal Holidays. Peak Demand Savings will be determined by comparing the efficiency of the installed Measures to that of an appropriate Baseline.

Peak Demand Savings means the maximum one-hour average demand reduction (in kW) that occurs when the system undergoing retrofit is operating at peak conditions during the Summer Period.

Peak Demand Savings means electricity peak demand savings determined pursuant to the IESO EM&V Protocols

Peak Demand Savings means reduction in demand on the utility’s system at the times of the utility’s summer or winter peak period, consisting of the hours from 1 PM and 7 PM CDT, during the months of June, July, August and September and during the hours between 6 AM and 10 AM and 6 PM and 10 PM, during the months of December, January and February, excluding weekends and Federal Holidays. Peak Demand Savings will be determined by comparing the efficiency of the installed Measures to that of an appropriate Baseline after making adjustments according to the most current version of the TRM.

Peak Demand Savings means the change in the rate of energy use at the time of the utility’s highest annual use, measured in kilowatts (kW), thousands of cubic feet per day (Mcf/day) of natural gas, or dekatherms per day (dth/day) of natural gas.

Peak Demand Savings means the difference between the average summer peak demand predicted for a Facility by the Baseline Models over a Pay-for-Performance Period and the average summer peak demand recorded by the Facility’s revenue-grade electricity meter for the same Pay-for-Performance Period in accordance with the M&V Procedures. In the event of a dispute, the IESO’s evaluation of Peak Demand Savings will be final and binding.

Peak Demand Savings means the average summer load reduction in electricity demand in kilowatts (KW), between the Existing Case and the Energy Efficient Case occurring between 3 p.m. to 9 p.m. on weekdays, June 1 through September 30. For Measures that are weather dependent, Peak Demand Savings shall be considered as occurring at peak design load conditions.