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Development of a Measurement and Verification (M&V) Costing Toolkit
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Date
2004
Journal Title
Journal ISSN
Volume Title
Publisher
Energy Systems Laboratory (http://esl.tamu.edu)
Texas A&M University (http://www.tamu.edu)
Texas A&M University (http://www.tamu.edu)
Abstract
This paper discusses the development of a
M&V Costing Toolkit that has been developed to
assist the U.S. Army with the standardization of
costing procedures for measuring and verifying
energy savings from Energy Service Performance
Contracts (ESPC) at army bases. This M&V costing
toolkit contains pricing for a wide-variety of sensors,
data loggers, portable data loggers and transducers
used to measure energy savings from energy
conservation retrofits to buildings. The M&V
costing toolkit also contains a framework for pricing
the installation, maintaining the equipment, and the
removal of instrumentation associated with the
measurement of energy savings. The toolkit includes
costing procedures for collecting the data from
remote sites, archiving of the data, QC procedures,
data analysis, savings reporting, and project closeout
costing. This paper presents a general overview of the
M&V costing process, various methods for
monitoring and verifying savings, and a description
of the M&V Costing Toolkit. Two examples of the
use of the M&V Costing Toolkit are also presented.
Twelve additional examples are provided with the
toolkit, including the M&V of boilers, chillers,
Energy Management and Control System (EMCS),
and lighting retrofits (Haberl et al. 2003b).