Laserfiche WebLink
Confidential & Proprietary Information of Ameresco, Inc. <br />Page 47 of 54 <br />SECTION 2: METHODOLOGY USED TO CALCULATE PROJECT SAVINGS <br />The methodology used for projecting savings resulting from the implementation of the Project is <br />summarized in the following equation: <br />Annual Savings = Energy Savings + Operating Cost Savings <br />Savings = (Baseline Period Use or Demand – Reporting Period Use of Demand) ± <br />Adjustments <br />Where: <br />Annual Savings: The total annual savings associated with implementation of this Project. <br />This is the savings figure that will be used for comparison to the Guaranteed Savings as part <br />of the Guarantee Reconciliation. <br />Energy Savings: The total Energy Savings associated with reduction in energy consumption <br />as a result of implementation of this Project. <br />Operating Cost Savings: Operating Cost Savings can result from avoided expenditures for <br />operations, maintenance, equipment repair, or equipment replacement and/or capital funds <br />for projects that, because of the Project, will not be necessary. Sources of Operating Cost <br />savings may include: i) avoided current or planned capital expense, ii) avoided O&M and/or <br />equipment repair and replacement expense, and, iii) avoided renovation, renewal, or repair <br />costs as a result of the Project. <br />ENERGY SAVINGS <br />Table G5: Summary of Annual Savings <br />The following details the savings calculations associated with each Energy Conservation <br />Measure (ECM) included in Attachment B. <br />See Appendix 2 for detailed savings calculations.