Efficiency savings definition

Efficiency savings means cost savings which result from
Efficiency savings means monies made available for incentive payments under section 18-75 due to reductions in expenditures by a city department or agency in any fiscal year, resulting in projected total expenditures for the fiscal year being below the amounts previously budgeted and appropriated for expenditure by the department or agency for the fiscal year. "Efficiency savings" shall not be applicable to or used for recognition bonuses.
Efficiency savings means the savings in operational cost

Examples of Efficiency savings in a sentence

  • Efficiency savings are defined as achieving the same output (or more) for less resource, with no significant impact on the resident / customer.

  • Efficiency savings were originally based on a blanket 5% saving across all of the hostels.

  • Efficiency savings provided directly from Ofwat build up to 3.2% per year, previously estimated to build to 16% per year.

  • Efficiency savings – there are no efficiency savings arising from this report.

  • Efficiency savings provided by Ofwat build up to 10% over a 10 year period.

  • Efficiency savings made against this budget in 2009/10 will be retained by the Committee for 12 months commencing 1st April 2010.

  • Efficiency savings proposed on this budget for 2011/12 are planned to be £600k, if this is not achieved it would create a further budget pressure.

  • Efficiency savings of £200k are to be delivered from a Review of Parking Services, with £1,554k additional income arising from the review of Fees and Charges in this portfolio area.

  • However the same people also share the view that the museum service needs to be improved in a number of areas.

  • Efficiency savings could reduce the required level of borrowing but it would be unrealistic to expect the HRA to find all of the additional resource requirements from efficiencies.


More Definitions of Efficiency savings

Efficiency savings means the savings in operational cost realized by the issuer as a result of a performance- based efficiency project, which are capable of being verified by comparing the applicable project's annual operational cost after the implementation, construction, and installation of the performance-based efficiency project with:
Efficiency savings means cost savings which result from utility, operational, and cost avoidance measures that do not degrade the level of service or working conditions changes that do not degrade the level of service or working conditions and which are verifiable by comparing expenditures that occur after the improvements with the same type or expenditures occurring before the improvements are made;

Related to Efficiency savings

  • Efficiency means the gas turbine manufacturer's rated heat rate at peak load in terms of heat input per unit of power output based on the lower heating value of the fuel.

  • high-efficiency cogeneration means cogeneration meeting the criteria laid down in Annex II;

  • Energy efficiency means the ratio of output of performance, service, goods or energy, to input of energy;

  • Energy efficiency measure means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, upgrades to a building envelope such as insulation and glazing; improvements in heating, ventilating and cooling systems; automated energy control systems; improved lighting, including daylighting; energy‑recovery systems; combined heat and power systems; or another utility cost‑savings measure approved by the governing body.

  • 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;

  • Energy efficiency program means a program that reduces the total amount of electricity that is

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

  • Capture efficiency means the weight per unit time of VOC entering a capture system and delivered to a control device divided by the weight per unit time of total VOC generated by a source of VOC, expressed as a percentage.

  • Energy efficiency project means an energy efficiency measure or combination of measures undertaken in accordance with a standard offer or market transformation program.

  • Irrigation efficiency (IE) means the measurement of the amount of water beneficially used divided by the amount of water applied. Irrigation efficiency is derived from measurements and estimates of irrigation system characteristics and management practices. The irrigation efficiency for purposes of this ordinance are 0.75 for overhead spray devices and 0.81 for drip systems.

  • Energy efficiency portfolio standard means a requirement to

  • Overall control efficiency means the efficiency of a control system, calculated as the product of the capture and control device efficiencies, expressed as a percentage.

  • Transfer efficiency means the ratio of the amount of coating solids adhering to the object being coated to the total amount of coating solids used in the application process, expressed as a percentage.

  • Energy efficiency improvement means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all of the following:

  • Utilization plan means a form and additional

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Thermal efficiency means the useful electric energy output of a

  • Productivity as defined in ORS 427.005 means:

  • efficient exhaust draught means localised ventilation effected by mechanical means for the removal of gas, vapour, dust or fumes so as to prevent them (as far as practicable under the atmospheric conditions usually prevailing) from escaping into the air of any place in which work is carried on. No draught shall be deemed efficient which fails to remove smoke generated at the point where such gas, vapour, fume, or dust originate;

  • Cost Allocation Plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.

  • Runoff coefficient means the fraction of total rainfall that will appear at the conveyance as runoff.

  • Energy savings performance contract means a public contract between a contracting agency and a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures, including a design-build contract, that guarantee energy savings or performance.

  • Turbidity means the cloudy condition of water due to the presence of extremely fine particulate materials in suspension that interfere with the passage of light.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Insurance Affordability Program means a program that is one of the following: