6.9.2 Underwriting Owner Utility Operating Expense for New Projects

A. Green MIP applications for new construction and most substantial rehabilitation projects have no history of utility use as a benchmark. The energy professional should determine local utility rates and forecast utility operating expense based the simulated or estimated utility consumption for each ownerpaid fuel or utility used on the site. Consumption should be estimated in the unit of measure used by the local utility provider to price the fuel, power or water and cost per unit of measure should be the local price per unit of the utility used.