Net savings definition

Net savings means the total income of a cooperative association less the costs of operation.
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Net savings means the total income of an association minus the costs of operation;
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Net savings means those savings in project costs realized by the Department as the result of a value engineering change proposal after deducting the contractor’s share of the cost savings.
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Examples of Net savings in a sentence

  • Net savings shall be determined by deducting from the estimated gross savings, the Contractor's costs of developing and implementing the proposal (including any amount attributable to a subcontractor) and the estimated amount of increased costs to the OWNER resulting from the change, such as implementation, inspection, related items, and OWNER-furnished material.

  • Net savings is hereby defined to be the difference between the total cost of the Participating Employer's contribution to Health & Welfare, Pensions, or Annuity, after the reduction or elimination and the total cost to the Employer of the Health & Welfare, Pension Trust Funds, or Annuity Plan prior to the reduction or elimination.

  • Net savings shall be calculated after deducting expenditures for development, applications, engineering, tools, prototypes and financing.

  • Net savings or increases in the [***] shall result in reductions or increases respectively in the Purchase Price.

  • Net savings in the product cost per unit achieved due to increases in the [***] shall result in corresponding reductions in the Purchase Price.


More Definitions of Net savings

Net savings means (Gross Savings) – (savings attributable to Free Riders) + (savings attributable to Spillover) + (savings attributable to Market Effects). Net savings are the energy savings that are attributable to a program’s intervention in the market, exclusive of other reasons for changes in energy use.
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Net savings shall have the meaning given in the definition of EBIT.
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Net savings shall have the meaning given in Section 7.8 of this Agreement.
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Net savings means the peak demand or energy savings attributable to conservation and demand management activities net of free-riders, etc.
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Net savings means any positive difference in a
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Net savings means the total change in load that is directly attributable to a Demand Program or the Demand Portfolio. This change in energy and/or demand use shall include, implicitly or explicitly, consideration of appropriate factors. These factors shall include free ridership, participant and non-participant spillover and induced market effects.
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Net savings means energy savings confirmed as resulting from the utility’s energy efficiency programs by an industry best practice process of evaluation, measurement, and verification of the total change in energy use (and/or demand) that is attributable to an energy efficiency program.
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