Utility Rate Sample Clauses

Utility Rate. The utility information that is used in this Guarantee shall be for the one-year period from January 2019 through December 2019 . During the Program Term, the actual twelve (12) month period then occuring and being evaluated shall be referred to as the “Current Year” and the savings calculated during that Current Year shall be referred to as the Current Year Savings. Current Year utility rate data shall be used in calculating the Current Year Savings, provided the Current Year utility rates are not less than Base Year utility rates. If Current Year utility rates drop below Base Year rates, Base Year rates shall be used to calculate Current Year Savings. Any energy savings generated during the installation phase of this Project shall be added to the Current Year Savings achieved during the first Current Year of the Program Term. Energy savings will be measured and verified (“M&V”) by various methods depending on the ECM (the "Calculated Savings"). Calculated Savings are referred to by the U.S. Department of Energy as “Actual Savings” and shall have the same meaning when referred to herein. The M&V methods are based upon the DOE Methods of M&V: Option A – Retrofit Isolation with Key Parameter Measurement (Stipulated engineering calculation) Option B – Retrofit Isolation with All Parameter Measurement (Measured and verified with runtimes and utility data) Option C – Whole Facility Measurement (Analysis of whole facility utility meter or sub-meter data using techniques from simple comparison to regression analysis) Option D – Calibrated Simulation (Energy use simulation calibrated with hourly or monthly utility billing data and/or end-use metering) ECM Description M&V Method WS-1 - Boilers, Pumps, VCUs, AHUs, Ceiling, Casewo Option A - Stipulated WS-2 - Chiller Replacement Option A - Stipulated WS-3 - Domestic Water Heater Repalcement Option A - Stipulated ECM Description M&V Method EMS-1 - New Jockey Boiler Option A - Stipulated EMS-2 - Chiller Replacement and Pump VFDs Option A - Stipulated EMS-3 - Classroom UV OA Improvements Option A - Stipulated EMS-4 - Controls Upgrade Option A - Stipulated ECM Description M&V Method FMS-1 - Controls Upgrade Option A - Stipulated FMS-2 - Cafeteria HVAC Upgrade Option A - Stipulated ECM Description M&V Method LES-1 - Controls Upgrade Option A - Stipulated ECM Description M&V Method MES-1 - Chiller Replacement, Pumps, VFDs Option A - Stipulated MES-2 - Office RTU and Controls Upgrade Option A - Stipulated ECM Description M...