Operational savings definition

Operational savings means reductions in actual budget line
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Operational savings means savings from costs elimi- nated or avoided as a result of installing equipment or providing services.
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Operational savings means savings resulting from changes in scheduling and temperature and ventilation set points, and other operational activities at the Facility.
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Examples of Operational savings in a sentence

  • ESG may identify other Energy and Operational Savings opportunities during the construction period or during any Guarantee Year.

  • Operational Savings Operational Savings exist when an improvement implemented under the Contract reduces future repair or replacement labor and/or material monies that would have otherwise been expended if the improvement was not implemented.

  • This Option is the method of measurement and verification applicable to FIMS consisting either of Operational Savings or where the end use capacity or operational efficiency; demand, energy consumption or power level; or manufacturer’s measurements, industry standard efficiencies or operating hours are known in advance, and used in a calculation or analysis method that will stipulate the outcome.

  • The Agreement also provides for Guaranteed Energy and Operational Savings, more fully described in Schedule F.

  • This Agreement shall commence on the Effective Date and shall continue in full force and effect until the Scope of Services and Guaranteed Energy and Operational Savings are completed in accordance with this Agreement, or until the earlier termination of this Agreement as provided herein (the "Term").

  • The agreed-upon Operational Savings included in Schedule A shall be combined with Energy Savings to arrive at the Total Annual Guaranteed Amount.

  • Customer shall issue separate Notices to Proceed for each such ECM, The Guaranteed Energy and Operational Savings portions of this Agreement shall commence on the first day of the month following the date the Final Delivery and Acceptance Certificates for each ECM is executed and shall end exactly three (3) years from the first day of the month following the date of execution of the last of the Final Delivery and Acceptance Certificates.

  • ESG guarantees to the CUSTOMER that the Facilities will realize in each Guarantee Year savings in Energy and Operational Costs (the "Energy and Operational Savings") collectively equal to the amounts shown on Table A below.

  • Additional Energy and Operational Savings that can be demonstrated as a result of ESG efforts that result in no additional costs to the CUSTOMER beyond the costs identified in this Agreement will be included in the annual Energy Savings Guarantee Report for the applicable Guarantee Year(s).

  • Additional Energy and Operational Savings that can be demonstrated as a result of efforts by the Contractor that result in no additional costs to the Owner beyond the costs identified in this Agreement will be included in the annual Project Energy Savings Report.


More Definitions of Operational savings

Operational savings means those non-utility savings resulting from the implementation of energy conservation measures at the Premises (e.g., costs for parts, outsourced repair/maintenance, service agreements, etc.) and/or those non-utility savings resulting from the Client not incurring those costs at a later date by having the cost of those improvements included in this Contract, and/or planned or budgeted expenses for the replacement or addition of systems or equipment that would have occurred had the Work not been performed, and are agreed to at contract execution. Operational Savings, if any, are shown in Schedule F, Energy Savings Guarantee.
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Operational savings means Savings derived from reduced operational expenses, including but not limited to, Deferred Maintenance, or Capital Off-Set Savings. Operational Savings can only be expressed in monetary value and are Stipulated Savings.
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Operational savings means those non-utility savings resulting from the implementation of energy conservation measures at the Premises (e.g., costs for parts, outsourced repair/maintenance, service agreements, etc.) and/or those non-utility savings resulting from the Client not incurring those costs at a later date by having the cost of those improvements included in this Contract, and are agreed to at contract execution. Operational Savings, if any, are shown in Schedule F, Energy Savings Guarantee.
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Operational savings means an amount of actual savings achieved through reduced power factor charges, Austin Energy guaranteed rebates or the guaranteed rebates of other energy providers, Austin Energy or other energy provider load cooperative incentives, and avoided costs of materials, greater than the Energy Savings defined in 1.1.21.
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Operational savings means Savings derived from reduced operational expenses, including but not limited to, Deferred Maintenance, or Capital Off-Set Savings. Operational Savings can only be expressed in monetary value and are always calculated as Stipulated Savings.
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Operational savings. Operational savings have been reviewed and accepted by the CLIENT and are described in Table A - Savings Guarantee. Operational savings will begin to accrue on the date of completion and acceptance of each ECM.
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Related to Operational savings

  • Operational Plan means a Forest Stewardship Plan, Woodlot Licence Plan, a Range Use Plan, or Range Stewardship Plan, as those terms are defined in provincial forest and range legislation;

  • 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;

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • flight plan means specified information provided to air traffic services units, relative to an intended flight or portion of a flight of an aircraft;

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

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

  • Nursing Service Plan means the plan that is developed by the registered nurse based on an Individual’s initial nursing assessment, reassessment, or updates made to a nursing assessment as a result of monitoring visits. The Nursing Service Plan must describe all licensed nursing services the Individual shall receive and be pursuant to the Individual’s Service Plan.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.

  • Minimum Generation Emergency means an Emergency declared by the Office of the Interconnection in which the Office of the Interconnection anticipates requesting one or more generating resources to operate at or below Normal Minimum Generation, in order to manage, alleviate, or end the Emergency.

  • Operational Control means Security monitoring, adjustment of generation and transmission resources, coordinating and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Balancing Authority Areas and Reliability Coordinators, voltage reductions and load shedding, except that each legal owner of generation and transmission resources continues to physically operate and maintain its own facilities.

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • Basic generation service or "BGS" means electric generation

  • Operational Costs means costs and expenses incurred by the Managers on behalf of the Owners to operate and maintain the Vessel including Communication Expenses and EDP Expenses;

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Educational program means a program for educating and preparing physician assistants which is approved by the board.

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Individualized family service plan means a written plan for providing early intervention services to an eligible child and the child’s family.

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Individualized service plan means a plan prepared by a

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • area control service means air traffic control service for controlled flights in control areas;

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Electric related service means a service that is directly related