Calculating costs: Energy - HxGN EAM - Version 11.07.01 - Feature Briefs - Hexagon

HxGN EAM Equipment Evaluations

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HxGN EAM
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Feature Briefs
HxGN EAM Version
11.7.1

If the asset is not GAS Tracked, the system will not attempt to calculate energy costs. If the asset is not metered for Actual Consumption, the system will not attempt to calculate energy costs. The Utility Rate table is used to determine Average Utility Rate for a commodity (e.g., Electricity).

Calculation:

  • For each commodity:

    • For each of the previous 365 days:

      • Energy consumed that day * Average Utility Rate (for that Commodity)

The costs are calculated when the user clicks the Refresh Cost Data button on this tab.