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Schedule B: Energy Savings Guarantee and Projected 1 -Year Cost -Avoided Energy Savings <br />This Performance Contract guarantees the rate of energy consumption as specified in <br />the ESP, which, when multiplied by the utility rates and stipulated hours of operation <br />as agreed upon by ESCO and the Owner, also as specified in the ESP, results in an <br />estimated cost -avoided savings. The rate of energy consumption as specified above is <br />guaranteed for 1 -year for all FIM's included in the ESP. The estimate annual savings <br />included in Table B-1.1 are based on the utility rates as identified in the ESP. Refer to <br />Section 3 of the ESP dated February 17, 2023, for the detailed listing of the utility <br />rates used in the calculation of the annual energy cost avoidance dollars. <br />Summary of Total Estimated Cost Avoided Energy Savings <br />Table B-1.1— Estimated Energy Savings During Initial Guarantee Period <br />Year <br />Estimated Utility Cost <br />Avoided Savings <br />Electricity <br />(Kwh) <br />Year 1 <br />1 $5,204 <br />67,263 <br />Table B-1.1 provides a summary ofthe total estimated project savings based on the scope of work <br />as presented in the ESP dated February 17, 2023. The program currently includes 1 year of <br />M&V for all FIMs, reported annually. The language below defines the start date and duration of <br />M&V Reporting that will be provided for all FIMs, the terms M&V Services and M&V <br />Reporting, the Guarantee Period and the method of energy savings reconciliation during the <br />Guarantee Period. <br />The Notice of Commencement of Energy Savings (LACES) for a Group of work starts the <br />timeline associated with required M&V reporting. Report M&Vo will be submitted within 3 <br />months of the NCES date for each Group of work. M&Vi will be submitted one year from <br />NCES date. <br />ESCO (McKinstry)IOWNER/PERFORMANCE CONTRACT 29 <br />