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C » Topics » Calculation of Tenants Chilled Water Payment

These excerpts taken from the C 10-K filed Feb 22, 2008.

Calculation of Tenant’s Chilled Water Payment

 

Equipment

    KW    Hourly cost at
$0.18kwh

1-1350 Ton Chiller operating at 500 Tons (operating at 500 Tons constant load=350 KW per floor based on .7kw/ton)

    350    $ 63.000

1-Chilled Water Pump

    114.6    $ 20.628

1-Condenser Water Pump

    188    $ 33.840

1-Cooling Tower Fan

    53.3    $ 9.594

Hourly cost for 500 tons of Chilled Water

    705.9    $ 127.062

Cost Per ton/hour for Chilled Water

       $ 0.254

*** Building will need to operate on a 24X7 basis to supply chilled water to communication closets.

*** Current Load estimated at approximately 500 tons.

*** Utility rate is based on $0.18 kwh but should be adjusted on Landlord’s average blended rate then in effect

 

L-2-1

Calculation of Tenant’s Chilled Water Payment

 

           Rate    EXAMPLE
Rate 2004

Water Consumption

    (A )   $ 0.0256    $ 0.0256

Electric Consumption

    (B )      $ 0.1029
               

Ton Hour Cost = (A)+(B)

    (C )      $ 0.1285

x (1-Connected Load Tonnage Diversity Factor of .75

        0.25      0.25

= Charge Pert Ton Hour

      $ 0.0000    $ 0.0321

 

(A) Water Consumption rate represents the cost for makeup water for 1 ton hour of chilled water. The cost will remain constant during the lease term as it represents a de minimis increase.
(B) Electric Consumption rate is equal to $.1029 + ((Avg Cost per KWH - $.1175 / $.1175) x $.1029) and represents the total cost for electricity to make 1 ton hour of chilled water.
(C) The Connected Load Tonnage Diversity Factor of .75 will remain constant during the lease term.

 

L-2-1

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 22, 2008

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