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SUMMARY OF CALCULATED SAVINGS <br /> The savings identified below shall be Calculated Savings which are mutually agreed by OWNER and the <br /> COMPANY , but will not be specifically measured . The Calculated Savings shall be deemed to increase <br /> during each year of the Savings Guarantee Term by the annual escalation percentages set forth below , with <br /> such escalation being annually compounded upon the immediately preceding year escalated rate . <br /> Source of Savings First Year Savings ( non — Annual <br /> escalated ) Escalation <br /> LIGHTING MATERIAL SAVINGS (ECM -1 ) $5 , 649 0% <br /> HVAC SAVINGS DUE TO LIGHTING $8 ,946 0 % ( 1St yr) , 3 % <br /> REDUCTION ( ECM -1 ) (Yrs 2 A2 ) <br /> OCCUPANCY SENSORS ( ECM-2 ) $4,885 0% ( 1St yr) , 3% <br /> (Yrs 2 -12) <br /> TOTAL CALCULATED SAVINGS $ 199480 N/A <br /> Indian- River County , Florida 12 Indian River County Phase 1 <br /> Phase I Rev . 1 /05/09 <br />