This Documentation relates to 3.6.
If you are using a different version, please view the Documentation for All Versions and select the relevant version.
M&V is the industry standard term for the Measurement and Verification of energy savings due to energy management projects. Cost avoidance is the M&V solution within EnergyCAP software.
Cost avoidance works by comparing current bills with a normalized baseline year. The normalization process automatically takes into account major variables including weather (degree days), billing period length, floor area changes and commodity price, and allows the analyst to enter adjustments for other changes such as occupancy, schedule and equipment retrofits. This enables you to compare energy use and cost from year to year to get an accurate handle on savings.
This webinar covers the fundamentals of M&V and its importance in helping understand your buildings' energy savings.
(recorded December 07, 2016)