Energy Escalation Rate Calculator (EERC)
The Energy Escalation Rate Calculator computes an average annual escalation rate for fuel prices from the annual energy price forecasts of the DOE Energy Information Administration. This rate can be used to escalate contract payments in Energy Savings Performance Contracts and Utility Energy Services Contracts when the payments are based on projected annual energy cost savings. The calculator prompts the user for information on project location, fuel usage, industry sector, and the beginning and end dates of the performance period. It then calculates the average rate of fuel price escalation over the duration of the performance period, weighted by the proportions of fuel types used in the project.
|System Requirements||Windows only|
|Availability||Free download from the Department of Energy's Web site.|