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EXAMPLES
Oil inventory levels are read from an un-calibrated tank gauge of unknown accuracy. Since the magnitude of inventory adjustments are small relative to metered shipments for the year, any error in this inventory term were considered negligible.
Appendix A Examples
Oil and thermal energy meter readings will be made daily by building maintenance staff through winter months until three valid weeks of testing have been obtained for the old boiler. The same process will be followed for the new boiler. The readings will be logged in the boiler room and open for inspection at any time. The building-automation system measures and records ambient temperature for the valid weeks. A contract extra of US$9,100 was accepted by the owner for the supply, installation and commissioning of the oil and thermal-energy meters and for computing and reporting the savings. Consideration was given to requiring demonstration of performance for a whole year. However the contractor pointed out that the extra costs of meter calibration and data analysis would add $4,000 to the fee. The owner decided that a short test period of 3 representative weeks would be adequate. The owner also decided to maintain and calibrate the oil and thermal energy meters himself after the contract, and to annually make his own boiler-efficiency calculations. Results Baseline oil and thermal energy data was collected continuously over a five-week period, until three were found where daily mean ambient temperatures stayed within the specified range 20oF to 40oF. Dividing net thermal energy delivered by oil consumed, the average efficiency readings for the old boiler during the three one-week periods were found to be 65.2%. After installation and commissioning of the boiler, the three-week reporting period was again found with an average ambient temperature between 20oF to 40oF. Boiler efficiency test results averaged 80.6%. There were no other changes to the boiler plant between the time of the baseline-period tests and reporting-period tests. Therefore non-routine adjustments were not needed. Using IPMVP Equation 1d), annual savings using 239,200 gallons as the estimated annual oil use from the baseline period are: Oil savings = 239,200 gallons x ( 1 0.652 / 0.806 ) = 45,700 gallons The value of the savings is $1.95 x 45,700 = $89,100.2 These estimated annual savings from a short-term test validated that the contractor had met its guaranteed performance.
The annual oil and money savings are expressed with three significant digits, the lowest number of digits used in the computations as found in the efficiency tests. Appendix A Examples