Savings Details

This tab contains settings relating to how cost savings are calculated.

• Savings Option
  • Determines how cost savings are calculated
  • Performance Bill Savings
    •  Savings = Weather Normalized Usage * Rate - Actual Cost
  • Normalized Rate Savings 
    • Savings = (Weather Normalized Usage - Actual Usage) *Rate
• Blended Rate Option
  • Blended rates are used if not custom rates are set
  • Baseline Rate
    • Blended Rate of the baseline period
  • Performance Rate
    • Rate of the current performance month
  • Maximum Rate
    • Maximum of the two previous options
• Blended Rate Range
  • Organization Baseline Last Bill
    • Use rate of last bill in the baseline period
  • Organization Baseline Range 
    • Average Rate over the baseline period
  • Regression Model Range
    • Average Rate over the dates used for the regression model for the particular building and utility type 
• Projected Savings
  • Monthly Savings Estimates (or contract guarantees) to be used on the performance report
  • Will used the most recent savings value until a new one is entered
    • Example: If a rate is entered for year 1 and 4. Year 1,2, and 3 will use the year 1 rate then any years past 4 will use the year 4 rate
  • Year 0 savings can be entered for implementation period savings