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/or benefits:
“We should stop looking to law to provide the final answer.... Law cannot save us from ourselves.... We have to go out and try to accomplish our goals and resolve disagreements by doing what we think is right. That energy and resourcefulness, not millions of legal cubicles, is what was great about America. Let judgment and personal conviction be important again.”
—Philip K. Howard, U.S. lawyer. The Death of Common Sense: How Law Is Suffocating America, pp. 186-87, Random House (1994)
“While greedy good-doers, beneficent beasts of prey,
Swarm over their lives enforcing benefits ...”
—Robert Frost (1874–1963)