Cost Savings Calculations

EnergyTracer has several methods of cost savings calculations.

Firstly, simple savings is used if no regression model is created and assigned to a building and is just the difference in the current month's data minus its corresponding month's data in the baseline period. 

If a regression model is saved to the building, the expected cost (adjusted baseline cost) is the selected rate times the adjusted baseline energy usage. For more information about how rates are applied visit this article. 

The current or performance cost has two options, which is set in project setting under the setting 'Savings Option'. Option 1 is performance bill savings, which uses the actual cost in the performance period. The second option is normalized rate which uses the selected rate times the performance period energy usage.