Guaranteed cost savings definition

Guaranteed cost savings means a guaranteed annual measurable monetary reduction in utility and operating and maintenance costs for each year of a guarantee period resulting from cost-saving measures. Guaranteed cost savings for utility cost savings must be calculated using mutually agreed on baseline utility rates in use at the time of an investment-grade energy audit. Guaranteed cost savings for operation and maintenance cost savings must be calculated using mutually agreed on baseline operation and maintenance costs at the time of an investment-grade energy audit.
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Guaranteed cost savings means a guaranteed annual measurable monetary reduction in utility and
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Guaranteed cost savings means the anticipated “utility costs savings” and “conservation-related cost savings,” as such terms are defined in the Act, and that will be saved by Lessee as a result of the Guaranteed Utility Savings Contract, as set forth in Exhibit C hereto.
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Examples of Guaranteed cost savings in a sentence

  • Note 18 discloses the impact of the transition from Canadian Generally Accepted Accounting Principles (“Canadian GAAP”) to IFRS on our reported financial position, operations and cash flows, including the nature and effect of significant changes in accounting policies from those used in our consolidated financial statements for the year ended May 31, 2011.

  • Guaranteed cost savings are required to meet or exceed any financing repayment obligation.7.4Measurement and VerificationMeasurement and verification (M&V) is the process that ensures that the guaranteed cost savings are realized.

  • Guaranteed cost savings from energy- and water- saving projects meet finance payments over the useful life of the equipment.

  • Guaranteed cost savings for operation and maintenance cost savings shall be calculated using mutually agreed upon baseline operation and maintenance costs at the time of an investment-grade energy audit.

  • Guaranteed cost savings for utility savings shall be calculated using the mutually agreed upon baseline utility rates in use at the time of an investment-grade energy audit.

  • Kerry Group 1999 Conceptual Design Mechanical Design Electrical and C&I Design Civil Design Turbine Selection Boiler Selection Project Management Construction Supervision Operating of Facility Services Provided Commissioned Client Guaranteed cost savings with on-site steam & electricity delivery.

  • Guaranteed cost savings are defined as “a guaranteed annual measurable monetary reduction in utility and operation and maintenance costs for each year of a guarantee period resulting from cost-saving measures.” Guaranteed savings cannot be “agreed upon” or stipulated.

  • This gives local people or organisations the opportunity to make their case, whether to support a policy that is already included in the draft plan or to object that a certain policy is not included.

  • Turbine Selection Boiler Selection Project Management Construction Supervision Operating of Facility Fired Hours: 123,910 (2016) Production Statistics Services Provided Commissioned Client Guaranteed cost savings with on-site steam & electricity delivery.

  • Note: Guaranteed cost savings are defined in schedule TO-1 (final)]$First Year Guaranteed Cost Savings: J-9.1.4 Energy, Water, and O&M Rate Data A.

Related to Guaranteed cost savings

  • Guaranteed elements means the premiums, benefits, values, credits or charges under a policy of life insurance that are guaranteed and determined at issue.

  • Nonguaranteed elements means the premiums, credited interest rates (including any bonus), benefits, values, non-interest-based credits, charges or elements of formulas used to determine any of these elements, that are subject to company discretion and are not guaranteed at issue. An element is considered nonguaranteed if any of the underlying nonguaranteed elements are used in its calculation.