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&V Method PHES-1 - UV Relief Air Improvements Option A - Stipulated PHES-2 - Controls Upgrade Option A - Stipulated PHES-3 - Jockey Boiler Installation, VFD Replacemen Option A - Stipulated ECM Description M&V Method WNHS-1 - Chiller Replacement Option A - Stipulated ECM Description M&V Method EES-1 - Controls Upgrades Option A - Stipulated ECM Description M&V Method DIST-1 - Niagra AX to N4 Controls Upgrade Option A - Stipulated The Owner shall pay the Qualified Provider the annual Energy Monitoring fees identified below. For these fees, the Provider shall provide an annual report containing Calculated Savings, equipment runtime data (if applicable) and utility data each year within 120 days following the conclusion of each year during the Program Term. Provider will also prepare and deliver to Owner the appropriate annual state reports as required by statute on annual basis. Option A - Calculated Electric Savings are based on formulas contained in Schedule A and are considered stipulated for the term of the Guarantee. Option A - Calculated Gas Savings are based on formulas contained in Schedule A and are considered stipulated for the term of the Guarantee.
Appears in 1 contract
Sources: Guaranteed Energy Savings Contract
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 SES-1 - Boilers, Pumps, VCUs, AHUs, Ceiling, Casewo Option A - Stipulated WS-2 - Chiller Replacement Option A - Stipulated WS-3 - Domestic Water Heater Repalcement Casework. Option A - Stipulated ECM Description M&V Method EMS-1 - New Jockey Boiler WWSHS-1: AHU Upgrades (AHU-23 & 27) Option A - Stipulated EMS-2 - Chiller Replacement and Pump VFDs WWSHS-2: AHU Replacements (14 & Kitchen) Option A - Stipulated EMS-3 - Classroom UV OA Improvements WWSHS-3: AHU Replacement (AHU-25) 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&V Method PHES-1 - UV Relief Air Improvements Option A - Stipulated PHES-2 - Controls Upgrade Option A - Stipulated PHES-3 - Jockey Boiler Installation, VFD Replacemen Option A - Stipulated ECM Description M&V Method WNHS-1 - Chiller Replacement Option A - Stipulated ECM Description M&V Method EES-1 - Controls WWSHS-4: Korellis AHU Upgrades Option A - Stipulated ECM Description M&V Method DIST-1 - Niagra AX to N4 Controls Upgrade Option A - Stipulated The Owner shall pay the Qualified Provider the annual Energy Monitoring fees identified below. For these fees, the Provider shall provide an annual report containing Calculated Savings, equipment runtime data (if applicable) and utility data each year within 120 days following the conclusion of each year during the Program Term. Provider will also prepare and deliver to Owner the appropriate annual state reports as required by statute on annual basis. Option A - Calculated Electric Savings are based on formulas contained in Schedule A and are considered stipulated for the term of the Guarantee. Option A - Calculated Gas Savings are based on formulas contained in Schedule A and are considered stipulated for the term of the Guarantee. Energy savings resulting from the improvements or recommendations provided as part of the Contract (including physical improvements, operational recommendations, utility rate change recommendations or any other recommendation that reduce energy costs) during the life of the Guarantee that are not accounted for with the calculations identified herein shall be included in total of Calculated Savings. Such energy savings shall be calculated based on industry standard methods. Increased energy usage resulting from increasing outside air amounts to meet current building codes, additional square footage being added to the building, air-conditioning of areas that were previously not air-conditioned and other identified energy adjustments shall be added to Base Year energy costs in the amounts shown on Schedule A. Energy savings or losses resulting from Owner modifications and overrides outside the scope of the Guarantee during the Program Term are considered Owner override adjustments and will be reflected in an adjustment to the Base Year. Examples of Owner overrides include unscheduled (undisclosed) physical improvements, plug load changes, changes to occupied schedules, etc. Operational Savings exist when an improvement implemented under the Contract reduces future repair or replacement labor and/or material monies that would have otherwise been expended if the improvement was not implemented. The agreed-upon Operational Savings included in Schedule A shall be combined with Energy Savings to arrive at the Total Annual Guaranteed Amount. These are considered stipulated savings and will be included in the Total Annual Guaranteed Amount for the Program Term.
Appears in 1 contract
Sources: Performance Guarantee Agreement
Utility Rate. The utility information that is used in this Guarantee shall be for the one-year one‐year period from January February 2019 through December 2019 January 2020 . 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 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 end‐use metering) ECM Description M&V Method WS-1 - Boilers, Pumps, VCUs, AHUs, Ceiling, Casewo HMS‐1 Option A - ‐ Stipulated WS-2 - Chiller Replacement HMS‐1A Option A - Stipulated WS-3 - Domestic Water Heater Repalcement Option A - ‐ Stipulated ECM Description M&V Method EMS-1 - New Jockey Boiler MMS‐1 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 DIST‐1 Option A - Stipulated FMS-2 - Cafeteria HVAC Upgrade Option A - ‐ Stipulated ECM Description M&V Method LES-1 - Controls Upgrade DIST‐1 Option A - ‐ Stipulated ECM Description M&V Method MES-1 - Chiller Replacement, Pumps, VFDs DIST‐1 Option A - Stipulated MES-2 - Office RTU and Controls Upgrade Option A - ‐ Stipulated ECM Description M&V Method PHES-1 - UV Relief Air Improvements DIST‐1 Option A - Stipulated PHES-2 - Controls Upgrade Option A - Stipulated PHES-3 - Jockey Boiler Installation, VFD Replacemen Option A - ‐ Stipulated ECM Description M&V Method WNHS-1 - Chiller Replacement FMS‐1 Option A - ‐ Stipulated ECM Description M&V Method EES-1 - Controls Upgrades CSES‐1 Option A - Stipulated ECM Description M&V Method DIST-1 - Niagra AX to N4 Controls Upgrade Option A - Stipulated The Owner shall pay the Qualified Provider the annual Energy Monitoring fees identified below. For these fees, the Provider shall provide an annual report containing Calculated Savings, equipment runtime data (if applicable) and utility data each year within 120 days following the conclusion of each year during the Program Term. Provider will also prepare and deliver to Owner the appropriate annual state reports as required by statute on annual basis. Option A - Calculated Electric Savings are based on formulas contained in Schedule A and are considered stipulated for the term of the Guarantee. Option A - Calculated Gas Savings are based on formulas contained in Schedule A and are considered stipulated for the term of the Guarantee.‐ Stipulated
Appears in 1 contract
Sources: Performance Guarantee Agreement