Utility Savings definition

Utility Savings means electric energy reduction, fossil fuel energy reduction (e.g., natural gas, propane, fuel oil, etc.) and water and sewer reduction, etc., as calculated per Schedule G.
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Utility Savings means the difference between the utility consumption under the pre- contract conditions and the utility consumption in the entire Facility after the “Work” has been completed under the contract.
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Examples of Utility Savings in a sentence

  • In the case of corporate guarantees, should the guarantor’s credit rating drop below long-term investment grade, the guarantor is required to inform the governmental unit, the Division of Environmental Assistance and Customer Service Utility Savings Initiative (USI), and the Local Government Commission (LGC) within 30 days and replace the corporate guarantee with one of the other forms of security acceptable to Office of the State Treasurer.

  • Each project should also be placed into one of the following categories: Public Health, Safety and Compliance; Building Integrity; Programmatic Suitability; Energy and Utility Savings; or Other.

  • The ISSUER will issue a request for proposals that is open to all ESCOs who have been prequalified by The NC Department of Environmental Quality Utility Savings Initiative (USI).

  • Any proposed amendment or change order that alters the total cost or the guaranteed savings shall be presented to the Utility Savings Initiative and Department of State Treasurer to assess the necessary approval requirements.

  • The Parties agree to use the Pre-Agreed Utility Savings each Guarantee Year for the annual Guarantee Reconciliation.

  • In the case of corporate guarantees, should the guarantor’s credit rating drop below long-term investment grade, the guarantor is required to inform the governmental unit, the Division of Environmental Assistance and Customer Service Utility Savings Initiative (USI), and the Local Government Commission within 30 days and replace the corporate guarantee with one of the other forms of security acceptable to Office of the State Treasurer.

  • Explain how you will account for this and include an actual Utility Audit Report, Measurement and Verification Plan, and Periodic Utility Savings Report that your firm developed for a facility of similar size and scope.Describe the methodology for calculating baseline utility consumption for a similar facility.

  • This project is being funded through the Utility Savings Carry Forward.

  • No 10-19-17.9A Declaring the Intent of the Board of County Commissioners Authorize the Issuance of the Sandoval County, New Mexico Energy Efficiency Lease-Purchase Agreement, with the Intent to Guarantee Utility Savings Contract and Escrow Agreement.

  • DC PACE may consider savings from the following categories:o Utility Savings: Estimate of annual savings on electricity, gas, or water bills that will result from the proposed scope of work.o Operations & Maintenance Savings: Net avoided spending on operations and maintenance attributable to the new equipment, including costs of labor, spare parts,service contracts, etc.

Related to Utility Savings

  • Utility service means a service, the terms and conditions of which are regulated by the AUC, and includes services for which an individual rate, joint rate, toll, fare, charge or schedule of them, have been approved by the AUC.

  • Utility Services means any products, services and equipment related to energy, telecommunications,

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

  • 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;

  • Tax Savings means the difference between the dollar amount of real property taxes levied in any year on land valued and assessed in accordance with its current agricultural use value and the dollar amount of real property taxes that would have been levied upon such land if it had been valued and assessed for such year in accordance with Section 2 of Article XII, Ohio Constitution.

  • Utility system means a water system, solid waste

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

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Electric related service means a service that is directly related

  • Electric generation service means the provision of retail

  • utility structure means transmission and distribution lines

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Utility line means any item of public or private property which is buried or placed below ground

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

  • Modular building retailer means any person who purchases or acquires a modular building from a

  • area control service means air traffic control service for controlled flights in control areas;

  • Electric Service means the furnishing of electric power and energy for lighting, heating, power, or any other purpose for which electric power and energy can be used;

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Utility vehicle means a motor vehicle that is (i) designed for off-road use, (ii) powered by an

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

  • Electrical Fitter means an employee who is mainly employed in the workshops manufacturing, fitting, and repairing electrical instruments, machines, and apparatus. Electrical fitting in this definition shall include armature and transformer winding, and people solely engaged in making and repairing instruments. The legitimate possession of a certificate of competency in this particular class of work issued by the Electrical Licensing Board under the Electricity Act 1994 shall be recognised as proof of efficiency.

  • Utility Costs means utility and home energy costs related to the occupancy of rental property (e.g. electricity, gas, water and sewer, trash removal, and energy costs (such as fuel oil)) that are separately-stated charges. Utility Costs do not include telecommunication services (e.g. telephone, cable, and internet services).

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Electric power generator means an entity that proposes to

  • Excess Contribution With respect to any Plan Year, the excess of: (a) the aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over (b) the maximum amount of such contributions permitted by the ADP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).