Cost Avoidance other savings
Other savings are one-time or recurring cost reductions that don't fit within the normal cost avoidance calculations of today's bills versus baseline bills. However, they are valid savings attributable to energy management activities.
Frequency types
- One Time—A monthly savings limited to a single month.
For example, a one time $5,000 refund because of a prior billing error. - Continuous—monthly savings that can continue indefinitely.
For example, a $100 monthly savings caused by the consolidation of two meters into one. - Recurring—seasonal savings in effect certain months of the year, repeating every year.
For example, the shutdown of a facility over the summer saves $3,000 per month in June, July, and August each year.
Examples
- A rebate or refund negotiated with a vendor
- A lower cost rate schedule/tariff
- Savings in personnel, equipment, supplies, or maintenance because of reduced runtimes of lighting, HVAC and other equipment
- Savings because of the consolidation of accounts, meters, or operations
- Eliminated capital expenditures because of lower loads and runtimes