Guaranteed Savings. This contract is governed under Wisconsin State Statute 66.0133 which requires the Contractor to guarantee the energy savings that the project will produce. In this contract the FEMP IPMVP protocol used will be Option A – Retrofit Isolation. The values calculated using IPMVP Option A will be calculated by the district and shared with the contractor. The resulting values will be used to create the stipulated values for each Facility Improvement Measure. These Stipulated values will be agreed to with the district and the contractor and will then be deemed to guarantee. Measured Project Benefits are determined by partial field measurement of the energy use of the system(s) to which an Improvement Measure was applied separate from the energy use of the rest of the facility. Utility Cost Avoidance will be measured using FEMP IPMVP Option A and stipulated for the remainder of the contract. Partial measurement means that some but not all parameters will be measured. Careful review of the design and installation of Improvement Measures is intended to demonstrate that the stipulated values fairly represent the probable actual values. Agreed-upon values will be shown in the measurement and verification plan. Engineering calculations using measurements and stipulations are used to calculate Measured Project Benefits for the duration of the Contract Term. Measured Project Benefits from the following Improvement Measures will be calculated using Option A: Source of Measured Benefit Electric M&V Option Gas M&V Option First Year Utility Avoidance Corridor Upgrade/Replacement A Auditorium Upgrade/Replacement A Gym Upgrade/Replacement A Gym Destratification A A Cafeteria Upgrade/Replacement A Total Measured Project Benefits - Option A Contractor guarantees the annual savings as noted in the Savings Summary Chart and the stipulated savings for the entire payback period as stated in the Annual Cost Avoidance Chart set forth in Appendix B; and based on the Energy Conservation Report provided in Appendix A attached hereto and based on installation of all equipment as specified and designed. Whereas the Energy Conservation Report is based on stipulated savings and will not require additional measurement nor verification after Contractor has completed performance of the work and contract is paid in full, MPS will not receive any additional payments from Contractor and Contractor will not receive any additional payments from MPS based on future performance of installed Facility I...
Guaranteed Savings. Owner shall:
Guaranteed Savings. The estimated initial price for Credits is reported in the Subscriber Information table above. The price will change over the course of the term as utility rates change, but will always provide the Discount such that we provide guaranteed savings on the community solar portion of your bill.
Guaranteed Savings. 3.2.1 By implementing Energy efficiency improvement measures, the Provider undertakes to achieve:
Guaranteed Savings. The annual energy savings calculated according to the method described in Exhibit 3, which Contractor guarantees will be realized by the State as a result of the Project.
Guaranteed Savings. District and Sodexho shall work together to ensure a financially sound operation. Sodexho guarantees that District shall realize the following savings: Time Period Savings 5/1/03 – 6/30/03 $0 7/1/03 – 6/30/04 $467,937 7/1/04 – 6/30/05 $409,682 7/1/05 – 6/30/06 $280,776 7/1/06 – 6/30/07 $101,588 The Formula for calculating Guaranteed Savings in Custodial Services is as follows:
Guaranteed Savings. HONEYWELL guarantees to CUSTOMER that the identified Facilities will realize the annual Guaranteed Savings through the combined contribution of all ESMs in each and every Guarantee Year during the Guarantee Term. Energy Savings shall be identified in native energy units for each ESM (kWh, therms, gallons etc).
Guaranteed Savings. Honeywell guarantees to Customer that the identified Facilities will realize the Guaranteed Savings through the combined value of all ECMs over the Term of the Contract as defined herein. In no event shall the savings guarantee provided herein exceed the total installation, support services, and financing costs for the Work under this Contract.
Guaranteed Savings. The amount of anticipated savings as compared to the Baseline, expressed in units of dollars, which Contractor is guaranteeing under this Agreement as set forth in more detail in Exhibit D.
Guaranteed Savings. 12.1 The Supplier shall, through-out the life of the Agreement and in accordance with clause 5.7 of the Agreement, commit to the process of the continuous improvement of the Services, which shall include a commitment to proactively seek to deliver savings for HSBC, which savings shall include the Guaranteed Savings set out Appendix 5-E to this Schedule 5.
