Examples of Operation and maintenance cost savings in a sentence
Operation and maintenance cost savings shall be calculated in comparison with an established baseline of operation and maintenance costs.History: 2012, Act 625, Eff.
Operation and maintenance cost savings" means a measurabledecrease in difference between operation and maintenance costs after the installation of the utility cost-savings measures pursuant to the guaranteed energy savings agreement and the baseline operation and maintenance costs that is a direct result of the implementation of one or more utility cost-savings measures but does after inflation adjustments have been made.
Characterize efficiency technologies> Costs• Capital• Operation and maintenance (cost savings = negative costs)> Performance• Baseline efficiency (expected efficiency level now and in future absent program)• Target efficiency (expected efficiency level over time with program)• Load shape (timing of savings during year)5.
Operation and maintenance cost savings means a measurable decrease in these costs and future replacement expenditures that result directly from implementing one or more utility cost savings measures.