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:
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—Johann Wolfgang Von Goethe (1749–1832)
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—Nadine Gordimer (b. 1923)
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—Pamela Patrick Novotny (20th century)