Calculation Methods Clause Samples
The Calculation Methods clause defines the procedures and formulas used to determine specific values or outcomes under an agreement. It typically outlines how financial amounts, performance metrics, or other quantifiable elements are to be computed, specifying the data sources, timing, and any adjustments that may apply. By establishing clear and consistent calculation rules, this clause helps prevent disputes and ensures all parties have a shared understanding of how key figures are derived.
Calculation Methods. Each Fund shall provide timely prior notice to the Fund Accounting Agent of any modification to the manner in which calculations referred to on Appendix B are to be performed as prescribed in any revision to such Fund’s governing documents and shall supply the Fund Accounting Agent with certified copies of all amendments and/or supplements to the governing documents in a timely manner. The Fund Accounting Agent shall not be responsible for any revisions to calculation methods made by the Fund unless such revisions are communicated in writing to the Fund Accounting Agent.
Calculation Methods. 9.1 The savings are calculated by using standard values, through a specific calculation of the savings resulting from the activity, or by calculating the effect of a specific market impact.
9.2 Calculations based on standard values are used for smaller, standardised activities. Such savings are typically in homes and other buildings. If a standard value is available for a given saving, then this must be used.
9.3 Specific calculations are used in areas where there is no standard value. These will typically be larger and integrated projects in industrial enterprises or public institutions. If a specific calculation is used for parts of an overall project, then the entire project must be calculated specifically, including the effect of initiatives where standard values exist.
9.4 The calculation may include a documentable effect of a specific market impact that entails a reduction in energy consumption relative to a baseline. As far as possible, the effect must be calculated using standard values.
9.5 Savings must be calculated according to the rules, standard values, etc current at the time of the establishment of a final agreement with an end-use consumer on contributions to realising a specific project.
9.6 Calculation methods and their applications are detailed in annex 6.
Calculation Methods. The monthly payment to the Seller shall be the aggregate of the hourly payments for that month minus all other miscellaneous Market Related Charges, as well as administrative charges. Each Seller’s monthly administrative charge for the computation, billing, and creation of the Seller’s credit statement shall be $215. The administrative charges will be subtracted from the Seller’s monthly credit statement regardless of whether the Buyer has purchased non-firm energy from the Seller during such billing period. Buyer shall pay the Seller for all energy sold to Buyer by the Seller.
Calculation Methods. The TEC value reflects assumptions about how many hours a day the product is in general use, the pattern of use during those hours, and the default-delay times that the product uses to transition to lower power modes. all electricity measurements are made as accumulated energy over time, and then converted to power by divid- ing by the length of the time period. The calculations are based on imaging jobs being in two clusters each day with the unit going to its lowest power mode in between (as during a lunch break), as illustrated in Figure 2, which can be found at the end of this document. It is assumed that weekends have no usage, and no manual switching-off is done. Final Time is the period of time from the last job being initiated to the start of the lowest power mode (auto-off for copiers, digital duplicators and MFDs without print-capability; and Sleep for printers, digital duplicators and MFDs with print-capability, and fax machines) minus the 15-minute job interval time. The following two equations are used for all product types: The calculation method for printers, digital duplicators and MFDs with print-capability, and fax machines also uses the following three equations: The calculation method for copiers, digital duplicators, and MFDs without print-capability also uses the following three equations: The specifications of the metering equipment and ranges used in each measurement shall be reported. Measure- ments must be conducted so as to result in a total potential error of the TEC value of no more than 5 %. accu- racy does not need to be reported for cases where the potential error is below 5 %. When the potential measurement error is close to 5 %, manufacturers should take measures to confirm that it complies with the 5 % limit.
Calculation Methods. The TEC value reflects assumptions about how many hours a day the product is in general use, the pattern of use during those hours, and the default-delay times that the product uses to transition to lower power modes. All electricity measurements are made as accumulated energy over time, and then converted to power by dividing by the length of the time period. The calculations are based on imaging jobs being in two clusters each day with the unit going to its lowest power mode in between (as during a lunch break), as illustrated in Figure 2, which can be found at the end of this document. It is assumed that weekends have no usage, and no manual switching-off is done. Final Time is the period of time from the last job being initiated to the start of the lowest power mode (Auto-off for copiers, digital duplicators and MFDs without print-capability; and Sleep for printers, digital duplicators and MFDs with print-capability, and fax machines) minus the 15-minute job interval time. The following two equations are used for all product types: Daily Job Energy = (Job1 × 2) + [(Jobs per Day – 2) × Average Job Energy)] The calculation method for printers, digital duplicators and MFDs with print-capability, and fax machines also uses the following three equations: Daily Sleep Energy = [24 hours – ((Jobs per day / 4 ) + (Final Time × 2))] ×
Calculation Methods. This section covers the methods for calculating the efficient case consumption and savings by measure, including routine and non-routine events (REs and NREs). For this project, only monthly electric bills will be available. Given the lack of granularity in the consumption data and lack of temperature-dependency common in electric consumption, the Option C analysis is unlikely to provide accurate results. As part of the baseline calculations the results of the metering will be compared to the monthly bills as a reality check. REs that could impact the analysis in schools are commonly associated with the school schedules, which generally have a major impact on annual hours of use. The metering will be scheduled to include weeks when the school is in normal operation and weeks when the school is not in session. The annual hours of use will be adjusted according to the published school schedule. Metering is likely to be conducted mostly when school is in session or in regular use in preparation of beginning the school year. In this case, interviews with school maintenance staff, BMS trend data and review of billing data throughout the summer will be used to determine whether the in-session metering should be adjusted to reflect actual use over all summer months. NREs will be evaluated on a case-by-case basis. Possible NREs are changes in ventilation requirements or changes in schedule. The BMS trend data combined with information from the site on any non-routine periods be used to determine appropriate NRE adjustments to the analysis. For example, if classes were taught remotely during a part of the baseline year, that period will be excluded from the analysis and instead replaced with usage based on the normal operation from the remainder of the year or the previous year. Changes in ventilation levels following the installation of the BMS may be identified through review of the BMS trend data. All kWh savings values calculated for electric measures will be converted to cost savings using the rate of $0.26/kWh outlined in the contract. EEI will assume annual escalation in the utility rates based on Consumer Price Index.
ECM 1 – Lighting Upgrade The LED lighting upgrade will lower the annual electric consumption. This reduced load will be calculated using an Option C analysis. Utility data will be used for this analysis; however direct metering of the lighting units will be needed if kW is not trended. The calculations will use weather data to normalize the us...
Calculation Methods. The TEC value reflects assumptions about how many hours a day the product is in general use, the pattern of use during those hours, and the default delay times that the product uses to transition to lower power modes. All electricity measurements are made as accumulated energy over time, and then converted to power by dividing by the length of the time period. The calculations are based on imaging jobs comprising two clusters each day with the unit going into its lowest power mode in between (as during a lunch break), as illustrated in Figure 2 further below. It is assumed that weekends have no usage, and no manual switching-off is done. Final Time is the period of time from the last job being initiated to the start of the lowest power mode (Auto-off for copiers, digital duplicators and MFDs without print capability; and Sleep for printers, digital duplicators and MFDs with print capability, and fax machines) minus the 15-minute job interval time. The following two equations are used for all product types: Average Job Energy = (Job2 + Job3 + Job4) / 3 Daily Job Energy = (Job1 × 2) + [(Jobs per Day – 2) × Average Job Energy] The calculation method for printers, digital duplicators and MFDs with print capability, and fax machines also uses the following three equations: Daily Sleep Energy = [24 hours – ((Jobs per day / 4) + (Final Time × 2))] × Sleep Power Daily Energy = Daily Job Energy + (2 × Final Energy) + Daily Sleep Energy TEC = (Daily Energy × 5) + (Sleep Power × 48) The calculation method for copiers, digital duplicators and MFDs without print capability also uses the following three equations: Daily Auto-off Energy = [24 hours – ((Jobs per day / 4) + (Final Time × 2))] × Auto-off Power Daily Energy = Daily Job Energy + (2 × Final Energy) + Daily Auto-off Energy TEC = (Daily Energy × 5) + (Auto-off Power × 48) The specifications of the metering equipment and ranges used in each measurement must be reported. Measurements must be conducted so as to result in a total potential error in the TEC value of no more than 5 %. Accuracy does not need to be reported for cases where the potential error is below 5 %. When the potential measurement error is close to 5 %, manufacturers should take measures to confirm that it complies with the 5 % limit.
Calculation Methods. The monthly payment to the Seller shall be the aggregate of the hourly payments for that month minus all applicable administrative charges and SPP Market related charges. Buyer’s monthly administrative charge to seller for the computation, billing, and creation of the Seller’s credit statement shall be $215. For a Seller that elects to be registered by the Buyer, the monthly administrative charge will also include an additional amount of $190 to reimburse the Buyer for forecasting and scheduling the Seller’s energy. The administrative charges will be subtracted from the Seller’s monthly credit statement regardless of whether the Buyer has purchased non-firm energy from the Seller during such billing period. Buyer shall pay the Seller for all energy sold to Buyer by the Seller. The method for calculating the rate payable to the Seller shall depend on whether the Seller elects to register its own facilities in the SPP Market, whether it elects for Buyer to register the Seller in the SPP Market, or whether it forces the SPP to register its facilities.