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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 ) $4 ,599 . 84 0% (Yrs 2 -10 ) <br /> HVAC SAVINGS DUE TO LIGHTING $ 9 , 836 . 98 0% ( 15t yr) , 3 % <br /> REDUCTION ( ECMO ) (Yrs 2 40 ) <br /> OCCUPANCY SENSORS ( ECM -2 ) $69724.98 0% ( 1st yr) , 3% <br /> (Yrs 2 40 ) <br /> MECHANICAL HVAC CONTROLS( ECM -4) $5 ,295.00 0% ( 1St Yr) , 3% <br /> (Yrs 2 -10 ) <br /> TOTAL CALCULATED SAVINGS $26 ,455 N/A <br /> Indian River County , Florida 11 Indian River County Phase 2 <br /> Phase 11 Rev . 10/09 <br />