White Paper – Measurement and Verification Functionality of the BuildingIQ System
Reducing building energy use through the implementation of energy efficiency projects is a proven strategy. However, claims of energy efficiency savings must be supported by measurement. Clients, investors, program administrators, and other stakeholders now require quantifiable evidence that the contract or programmatic goals have been met. For every project—whether lighting retrofits or HVAC optimization—providing evidence of energy savings is a critical element to ensure limited dollars are spent in the most cost-effective manner. Measurement and verification is the process of quantifying savings delivered from an energy conservation measure. An important element of verification process is that it isolates the energy savings delivered by the project from other factors affecting energy consumption, such as weather or building occupancy.
Calculated the energy savings for third-party measurement and verification auditors is a critical step in securing financing and energy efficiency rebates.
BuildingIQ provides a unique Software-as-a-Service (SaaS) solution to optimize energy use in commercial buildings. Download the white pager for full details on how to BuildingIQ’s system measures and verify energy savings.