Utility Savings definition

Utility Savings means electric energy reduction, fossil fuel energy reduction (e.g., natural gas, propane, fuel oil, etc.) and water and sewer reduction, etc., as calculated per Schedule G.
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Utility Savings means the difference between the utility consumption under the pre- contract conditions and the utility consumption in the entire Facility after the “Work” has been completed under the contract.
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Examples of Utility Savings in a sentence

  • Any proposed amendment or change order that alters the total cost or the guaranteed savings shall be presented to the Utility Savings Initiative and Department of State Treasurer to assess the necessary approval requirements.

  • The Parties agree to use the Pre-Agreed Utility Savings each Guarantee Year for the annual Guarantee Reconciliation.

  • The report provides an engineering and economic basis for negotiating a potential Guaranteed Utility Savings Contract between the Agency and the Contractor.

  • The Utility Savings Initiative (USI) shall attend this meeting to assess conformity with statutes and the M&V guidelines.

  • However, this intent does not commit Agency to entering into such a Guaranteed Utility Savings Contract.

  • One electronic (single CD or thumb drive) with all information in Microsoft Office Suite products format shall be delivered to the Department of Environmental Quality Utility Savings Initiative Section.

  • The following table shows the Calculated Annual Utility Savings for each fuel type (electric, gas) and the final Guaranteed Annual Utility Savings.

  • These Assumed Conditions include but are not limited to, the following:  Client executing and issuing H&H a notice to proceed with the Work no later than December 1, 2016;  At all times relevant to H&H’s Investment Grade Audit and H&H’s determination of the Calculated Annual Utility Savings, to the best of Client’s knowledge Client’s operation of the Facility has been in compliance with all applicable building codes, regulations and requirements.

  • H&H guarantees that the Client will achieve the following Guaranteed Annual Utility Savings compared to the established baseline in annual utility consumption in each Guarantee Year during the Term of this Agreement.

  • Tenant may apply a portion of the TI Allowance to cover its portion of the costs of such Utility Savings Upgrades.

Related to Utility Savings

  • Utility service means the transportation or transmission of natural gas or electricity by means of mains, wires, lines or pipes, to users or customers.

  • Utility services means any products, services, and equipment related to energy, telecommunications,

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Tax Savings means the difference between the dollar amount of real property taxes levied in any year on land valued and assessed in accordance with its current agricultural use value and the dollar amount of real property taxes that would have been levied upon such land if it had been valued and assessed for such year in accordance with Section 2 of Article XII, Ohio Constitution.