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<br /> <br /> <br />“Page content is subject to Confidentiality Restrictions” <br /> <br />City of Arvada, Colorado | Project #37213 | M&V Report – Year 2 | Page 8 <br /> <br /> <br />City of Arvada, Colorado <br />Summary of Guaranteed and Verified Energy and Cost Savings <br />The savings for this project were demonstrated by following a Measurement and Verification Protocol that was <br />developed by City Staff and Ameresco Engineers. Further details are included in the description of each ECM in the <br />main body of this report. The tables below show the proposed, guaranteed and verified savings for the project. These <br />values are defined as; <br /> <br />Proposed Savings The amount of savings that was determine by the engineering calculations during the technical <br />energy audit. <br /> <br />Guaranteed Savings The portion of the Proposed Savings that were guaranteed in the EPC. To provide a margin for <br />error, the Proposed Savings were reduced by a factor of safety to arrive at the Guaranteed <br />Savings. <br /> <br />Verified Savings The actual performance period savings, as determined by the methods described in the EPC <br />M&V Plan, Schedule D of the EPC. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />ECM <br />Total Energy <br />Savings <br />(MMBtu/yr) <br />Electric <br />Energy <br />Savings <br />(kWh/yr) <br />Electric <br />Demand <br />Savings <br />(kW/yr) <br />Natural Gas <br />Savings <br />(Therm/yr) <br />Water <br />Savings <br />(kGal/yr) <br />Other Energy <br />Savings <br />(MMBtu/yr) <br />Total Energy <br />& Water Cost <br />Savings, Year <br />2 ($/yr) <br />Other Energy <br />Related <br />O&M Cost <br />Savings, Year <br />2 ($/yr) <br />Total Cost <br />Savings, Year <br />2 ($/yr) <br />City of Arvada <br />Project <br />Savings <br />3,777 890,091 2,493 7,396 1,440 0 $214,193 $39,559 $253,752 <br />Notes: <br />MMBtu = 106 Btu. <br />0.003413 MMBtu = 1 kWh <br />0.1 MMBtu = 1 Therm <br />Year 2 Proposed Annual Savings Overview <br />Year 2 Proposed Cost Savings: $253,752