Electricity Savings means the aggregate electricity consumption reduction over a specified period of time, expressed in MWh, obtained as a result of a specified Eligible Study measured under normal operating conditions.
Electricity Savings means the reduction of the amount or equivalent amount of electricity consumption (in MWh) arising from the Implementation as calculated by the approved calculation method in clauses 7, 7A, 8 or 9. Electricity Savings may be negative for fuel switching activities, or where calculated using Method 4 under clause 8.8.
Electricity Savings means the reduction of the amount or equivalent amount of electricity consumption (in MWh) arising from the Implementation as calculated by the approved calculation method in clauses 7, 7A, 8 or
Examples of Electricity Savings in a sentence
Without limiting the generality of the foregoing, the Participant acknowledges that its participation in this Program is based on its own assessment of this Program and not on any reliance on anticipated or projected results, and that such participation may not result in the delivery of the Electricity Savings, which is expressly disclaimed by the Participant.
The term of this Agreement (“Term”) commences as of the Effective Date and, unless terminated earlier in accordance with the terms of this Agreement, terminates on the first day of the month immediately following the end of the Electricity Savings Period.
More Definitions of Electricity Savings
Electricity Savings means the difference between the electricity consumption predicted for a Facility by the Baseline Models over a Pay-for-Performance Period and the annual electricity consumption 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 Electricity Savings will be final and binding.
Electricity Savings means reductions in the consumption of electrical energy, and for greater certainty does not refer to reductions in instantaneous demand for electricity.
Electricity Savings means the annualized electricity consumption reduction, based on the normal operating conditions in relation to a Project.
Electricity Savings means the annualized electricity consumption reduction, based on the normal operating conditions in relation to the Project.
Electricity Savings means the annualized electricity consumption reduction, based on the anticipated normal operating conditions.
Electricity Savings means, as determined in accordance with rules adopted by the commission:
Electricity Savings means the aggregate electricity consumption reduction from the IESO-Controlled Grid, expressed in MWh, arising directly from a Project during the Electricity Savings Period, measured in accordance with the M&V Plan, initially as projected by the Technical Reviewer and specified in the applicable Incentive Schedule, and ultimately determined by the IESO based on the the M&V Report by the Technical Reviewer following the In-Service Date in the relevant Electricity Savings Period;