Goals and Benefits
Throughout the numerous M&T projects implemented since the 1980s, a certain number of benefits have proved to be recurrent:
- Energy cost savings: generally 5% of the original energy expenses, according to The Carbon Trust. Carbon Trust has conducted a study over 1000 small businesses and has concluded that on average an organisation could save 5%.
- Reduction in GHG emissions: lower energy consumption helps reduce emissions
- Financing: measured energy reductions help obtain grants for energy efficiency projects
- Improved product and service costing: sub-metering allows the division of the energy bill between the different processes of an industry, and can be calculated as a production cost
- Improved budgeting: M&T techniques can help forecast energy expenses in the case of changes in the business, for example
- Waste avoidance: helps diagnose energy waste in any process.
Read more about this topic: Energy Monitoring And Targeting
Famous quotes containing the words goals and, goals and/or benefits:
“Artists have a double relationship towards nature: they are her master and her slave at the same time. They are her slave in so far as they must work with means of this world so as to be understood; her master in so far as they subject these means to their higher goals and make them subservient to them.”
—Johann Wolfgang Von Goethe (1749–1832)
“Our ego ideal is precious to us because it repairs a loss of our earlier childhood, the loss of our image of self as perfect and whole, the loss of a major portion of our infantile, limitless, ain’t-I-wonderful narcissism which we had to give up in the face of compelling reality. Modified and reshaped into ethical goals and moral standards and a vision of what at our finest we might be, our dream of perfection lives on—our lost narcissism lives on—in our ego ideal.”
—Judith Viorst (20th century)
“Unfortunately, we cannot rely solely on employers seeing that it is in their self-interest to change the workplace. Since the benefits of family-friendly policies are long-term, they may not be immediately visible or quantifiable; companies tend to look for success in the bottom line. On a deeper level, we are asking those in power to change the rules by which they themselves succeeded and with which they identify.”
—Anne C. Weisberg (20th century)