Savings Guarantee. In consideration of the payment of the Annual M&V Fee, and upon the terms and subject to the conditions set forth herein, ENGIE Services U.S. warrants that District will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.
Savings Guarantee. In consideration of the payment of the Annual M&V Fee, and upon the terms and subject to the conditions set forth herein, Chevron Energy Solutions warrants that Manhattan Beach USD will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.
Savings Guarantee. In consideration of the payment of the Annual M&V Fee, and upon the terms and subject to the conditions set forth herein, OpTerra Energy Services warrants that ConFire will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.
Savings Guarantee. Schedule A Savings Guarantee Schedule B Baseline Energy Consumption; Methodology to Adjust Baseline Schedule C Savings Measurement and Verification Plan; Post-Retrofit M&V Plan; Annual M&V Reporting Requirements Schedule D Data Collection and Reporting –by ESCO Using eProject Builder (ePB) Schedule E-G Left blank for optional schedules Payments and Schedule Schedule H Final Project Cost & Project Cash Flow Analysis Schedule I Financing Agreement and Payment Schedule Schedule J Compensation to ESCO for Annual Services Schedule K Rebates, Incentives and Grants Schedule L-P Left blank for optional schedules Design and Construction Phase Schedule Q Description of Project Site(s) Schedule R Equipment to be Installed by ESCO Schedule S Construction and Installation Schedule Schedule T Systems Start-Up and Commissioning; Operating Parameters of Installed Equipment Schedule U Standards of Comfort Schedule V ESCO’s Training Responsibilities Schedule W-AA Left blank for optional schedules Post-Construction Schedule BB ESCO’s Maintenance Responsibilities Schedule CC Owner’s Maintenance Responsibilities Schedule DD Facility Maintenance Checklist Schedules EE – II Left blank for optional schedules Administration Schedule JJ Alternative Dispute Resolution Procedures Schedule KK – OO Left blank for optional schedules Optional Schedules Pre-Existing Service Contracts Energy Savings Projections Facility Changes Checklist Current and Known Capital Projects at Facility Exhibits Exhibit I Performance Bond Exhibit II Labor and Material Payment Bond if required Exhibit III (i) Certificate of Acceptance—Investment Grade Audit Report Exhibit III (ii) Certificate of Acceptance—Installed Equipment Exhibit IV Equipment Warranties Optional Exhibits Manifest of Ownership Minority and Woman-Owned Business Certification Certification that Financing Term is no Longer than the Aggregated Equipment Lifetime Notice of Substantial Completion Notice to Proceed with Construction Phase Record of Reviews by Owner Appendices Appendix A RFP for ESCO Solicitation (Pre-qualification Phase; Final Selection Phase) Appendix B ESCO Proposal (Pre-qualification Phase; Final Selection Phase) Appendix C Investment Grade Audit and Project Development Contract Appendix D Investment Grade Audit Report
Savings Guarantee. 1.1 (a) Contractor hereby represents and warrants to Agency that the amount of the annual energy cost savings (calculated in accordance with Exhibit A) shall equal or exceed the “Guaranteed Savings” (as specified in Table below), in each Guarantee Year (the “Guarantee of Energy Savings”). Year Guaranteed Annual Energy Savings Stipulated Annual Operation & Maintenance Savings Total Annual Guaranteed Savings 1 $ 1,250,653 $ 66,009 $ 1,316,662 2 $ 1,287,734 $ 67,989 $ 1,355,723 3 $ 1,325,916 $ 70,029 $ 1,395,945 4 $ 1,365,229 $ 72,129 $ 1,437,358 5 $ 1,405,708 $ 74,293 $ 1,480,001 6 $ 1,447,387 $ 76,522 $ 1,523,909 7 $ 1,490,302 $ 78,818 $ 1,569,120 8 $ 1,534,490 $ 81,182 $ 1,615,672 9 $ 1,579,987 $ 83,618 $ 1,663,605 10 $ 1,626,834 $ 86,126 $ 1,712,960 11 $ 1,675,069 $ 88,710 $ 1,763,779 12 $ 1,724,735 $ 91,371 $ 1,816,106 13 $ 1,775,874 $ 94,112 $ 1,869,986 Year Guaranteed Annual Demand Savings (kW) Guaranteed Annual Electricity Savings (kWh) Guaranteed Annual Natural Gas Savings (Decatherms) 1 18,466 2,144,573 8,706 2 18,466 2,144,573 8,706 3 18,466 2,144,573 8,706 4 18,466 2,144,573 8,706 5 18,466 2,144,573 8,706 6 18,466 2,144,573 8,706 7 18,466 2,144,573 8,706 8 18,466 2,144,573 8,706 9 18,466 2,144,573 8,706 10 18,466 2,144,573 8,706 11 18,466 2,144,573 8,706 12 18,466 2,144,573 8,706 13 18,466 2,144,573 8,706 For purposes of the Guarantee of Energy Savings, the following assumptions and provisions shall apply:
Savings Guarantee. ESG guarantees that the Work will result in the following sum of Total Guaranteed Year Savings over the Term as outlined in Table A: Table A – Guaranteed Savings Year Annual Energy Savings Annual Operational Savings Capital Cost Avoidance Total Annual Savings Constr. Period $0 $0 $0 $0 1 $52,958 $34,466 $166,000 $253,424 2 $54,017 $35,155 $160,000 $249,173 3 $55,098 $35,858 $158,000 $248,956 4 $56,200 $36,576 $156,500 $249,275 5 $57,324 $37,307 $154,500 $249,131 6 $58,470 $38,053 $152,500 $249,023 7 $59,639 $38,814 $150,500 $248,954 8 $60,832 $39,591 $148,500 $248,923 9 $62,049 $40,382 $146,500 $248,931 10 $63,290 $41,190 $144,500 $248,980 11 $64,556 $42,014 $142,500 $249,069 12 $65,847 $42,854 $140,500 $249,201 13 $67,164 $43,711 $138,000 $248,875 14 $68,507 $44,585 $136,000 $249,092 15 $69,877 $45,477 $134,000 $249,354 Totals $915,827 $596,035 $2,228,500 $3,740,362 * Savings calculations details are shown in Exhibit B – Attachment 1.
Savings Guarantee. Upon the terms and subject to the conditions set forth herein, ENGIE Services U.S. warrants that Pleasant Valley SD will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.
Savings Guarantee. The Contractor guarantees that the Customer will realise energy savings and energy cost savings at the premises in each guarantee year of not less than the guaranteed energy savings and the guaranteed energy cost savings.
Savings Guarantee. In consideration of the payment of the Annual M&V Fee, and upon the terms and subject to the conditions set forth herein, OpTerra Energy Services warrants that Merced County will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.
Savings Guarantee. To the extent set forth in Attachment C, and solely in accordance with Attachment C, Ameresco guarantees that the “Annual Savings” (as defined below) to be achieved as a result of installation and operation of the ECMs shall equal or exceed the Guaranteed Savings (as defined in Attachment C) over the “Guarantee Period” (as defined in Attachment C). The first “Guarantee Year “shall be the consecutive twelve (12) month period beginning with the first day of the month following the date of Substantial Completion of the ECMs. For purposes of this Savings Guarantee, the following assumptions and provisions shall apply:
