PC Max eNews: Three steps to Maximizing Your Return on Performance Contracting – Step 3 of 3

Step 3. Independent Measurement and Verification (M&V)

Part 3 of 3-Part Series

3 Steps to Maximizing Your Return on Performance Contracting

To validate the energy savings and satisfy the utility incentive programs, provide independent measurement and verification of completed work by a third-party consultant. If necessary, the M&V can be continued annually, quarterly or monthly. The initial M&V is required by utilities to validate completion of work prior to issuance of incentives. The ongoing savings guarantee by the ESCO is often tied to the M&V, and will need to be specified in the contract.
Sitton’s PCMaxTM Solution is a proven approach to performance contracting consulting that helps Owners maximize savings, utility incentives and quality, while reducing the total cost and shortening the payback period. Sitton is a Trade Ally with the following utilities’ energy incentive programs:
3 Steps to Maximizing Your Return on Performance Contracting
Maximum energy savings, utility incentives and quality: minimum, reasonable cost 
Energy savings performance contracting (PC) enables building owners to use future energy savings to pay for up-front costs of energy saving projects, eliminating the need to dip into capital budgets.
But too often, performance contracting falls short of meeting expectations. It doesn’t have to be that way. There is a proven approach that will maximize your return-on-investment, and includes three key steps:
  1. Creates a clear scope of work, and a fair and competitive procurement process,
  2. Uses a design and construction process that delivers the maximum in energy savings, utility incentives, and quality, at the lowest reasonable cost
  3. Performs independent measurement and verification

For Info on Maximizing your ROI with Performance Contracting

Contact Us

Sitton’s PCMax Solution is a proven approach to performance contracting consulting that helps Owners maximize savings, utility incentives and quality, while reducing the total cost and shortening the payback period.

PC Max eNews: Three steps to Maximizing Your Return on Performance Contracting – Step 2 of 3

Step 2: Maximizing Savings/Incentives/Quality and Minimizing Costs

Part 2 of 3-Part Series
3 Steps to Maximizing Your Return on Performance Contracting

It has been shown that independent review of the design, construction documents and construction, leads to increased savings, utility incentives and quality, while reducing costs. One of the most important ways of controlling costs is by requiring the ESCO to solicit bids from at least three pre-approved, qualified bidders for each work package.

Step 3 in the series will arrive in a few weeks.

3 Steps to Maximizing Your Return on Performance Contracting
Maximum energy savings, utility incentives and quality: minimum, reasonable cost

Energy savings performance contracting (PC) enables building owners to use future energy savings to pay for up-front costs of energy saving projects, eliminating the need to dip into capital budgets.
But too often, performance contracting falls short of meeting expectations. It doesn’t have to be that way. There is a proven approach that will maximize your return-on-investment, and includes three key steps:
  1. Creates a clear scope of work, and a fair and competitive procurement process,
  2. Uses a design and construction process that delivers the maximum in energy savings, utility incentives, and quality, at the lowest reasonable cost
  3. Performs independent measurement and verification

For Info on Maximizing your ROI with Performance Contracting

Contact Us

Sitton’s PCMax Solution is a proven approach to performance contracting consulting that helps Owners maximize savings, utility incentives and quality, while reducing the total cost and shortening the payback period.

PC Max eNews: Three steps to Maximizing Your Return on Performance Contracting – Step 1 of 3

3 Steps to Maximizing Your Return on Performance Contracting

Maximum energy savings, utility incentives and quality; minimum, reasonable cost

Part 1 of 3-Part Series 


Energy savings performance contracting (PC) enables building owners to use future energy savings to pay for up-front costs of energy saving projects, eliminating the need to dip into capital budgets.

But too often, performance contracting falls short of meeting expectations. It doesn’t have to be that way. There is a proven approach that will maximize your return-on-investment, and includes three key steps:
  1. Creates a clear scope of work, and a fair and competitive procurement process,
  2. Uses a design and construction process that delivers the maximum in energy savings, utility incentives, and quality, at the lowest reasonable cost
  3. Performs independent measurement and verification

Step 1: Fair/Competitive Procurement

 

The best approach is to independently develop a clear scope of work and RFP that are based on the life-cost of your facilities, and will result in apples-to-apples proposals. If an ESCO develops the scope or RFP, it’s important to include a review by an independent energy consultant prior to issuance. Independent reviews of the proposals received should result in a ranking of best value, with negotiations beginning with the top ranked ESCO. Note: some state statutes require review by a licensed professional engineer or architect.

Step 2 in the series will arrive in a few weeks.

For Info on Maximizing your ROI with Performance Contracting
Sitton’s PCMaxTM Solution is a proven approach to performance contracting consulting that helps Owners maximize savings, utility incentives and quality, while reducing the total cost and shortening the payback period.

 

Maximizing Utility Incentives – Health Care

Utility Incentive Programs in Your Area 

Utility incentives can equate to high financial returns. These incentive programs are designed to motivate commercial customers to be more energy efficient.

Most utilities have these incentive programs available. Find out more information about these programs in your area by clicking on the program in the right hand column.

3 Steps to Maximizing Incentives 

1. Benchmarking your buildings is the best way to know how much energy (and money) you can potentially save.

2. Identify the buildings with the best energy efficiency opportunities.

3. Find the utility incentives available in your area and think strategically to maximize these incentives to achieve the best ROI (return on investment).

Where to Start

Sitton Energy Solutions can benchmark your building for you! By using ENERGY STAR’s Portfolio Manager we will estimate how much energy you can save and what that will look like for the overall cost of your utility bill.

After we benchmark your buildings, we will identify the utility incentives available from your utilities. We will help you strategize how to maximize the utility incentives, and achieve the highest ROI possible.

To learn more or to request assistance

Contact Us

Maximizing Utility Incentives – Higher Education

Utility Incentive Programs in Your Area 

Utility incentives can equate to high financial returns. These incentive programs are designed to motivate commercial customers to be more energy efficient.

Most utilities have these incentive programs available. Find out more information about these programs in your area by clicking on the program in the right hand column.

3 Steps to Maximizing Incentives 

1. Benchmarking your buildings is the best way to know how much energy (and money) you can potentially save.

2. Identify the buildings with the best energy efficiency opportunities.

3. Find the utility incentives available in your area and think strategically to maximize these incentives to achieve the best ROI (return on investment).

Where to Start

Sitton Energy Solutions can benchmark your building for you! By using ENERGY STAR’s Portfolio Manager we will estimate how much energy you can save and what that will look like for the overall cost of your utility bill.

After we benchmark your buildings, we will identify the utility incentives available from your utilities. We will help you strategize how to maximize the utility incentives, and achieve the highest ROI possible.

To learn more or to request assistance

Contact Us

Energy Benchmarking – Higher Education

Why benchmark your energy?

Benchmarking your buildings will help you to identify and prioritize energy efficiency and cost saving opportunities. According to ENERGY STAR, buildings that benchmark for three years have seen an average energy savings of 7%.

Certain cities have adopted benchmarking ordinances requiring the benchmarking of large facilities. Find out more information about benchmarking ordinances and City Energy Projects in your area by clicking on the city in the right hand column.

APPA also has programs that support energy benchmarking, efficiency and sustainability practices.

 

Do you need assistance benchmarking your University’s facilities? 

As an active member of CAPPA and MAPPA, Sitton supports benchmarking efforts at Universities..

To learn more and to request benchmarking assistance

Contact Us

Join Us at the CAPPA-MAPPA Joint Conference

Sitton Energy Solutions will be leading a panel discussion, and will be available throughout the conference to share additional information on benchmarking and energy efficiency.

  • Date: September 17th-21st 
  • Location: St. Louis Union Station Hotel
  • Sitton Booth: 112
Sitton Panel: Developing and Implementing a Comprehensive Energy Strategy
Tuesday, September 19th, 1:45-2:45pm
Moderator: Doug Sitton – Sitton Energy Solutions
Panel: Ryan Lynch – Washington University, Chris Homan – Illinois State University and Justin Harrell – Southern Illinois University, CarbondaleUniversities face many headwinds, not the least of which is the lack of capital, when it comes to optimizing the performance of their buildings. This often leads to a tactical and sporadic project-by-project approach. This session will share how some Universities are taking a more strategic, continuous approach, one that is based on an overall energy strategy that becomes a continuous process for optimizing the performance of their buildings. The results are maximum savings at the lowest cost, lower operation and maintenance costs, optimum comfort and health, and minimized carbon emissions.

Energy Benchmarking – Health Care

Why benchmark your energy?

Benchmarking your buildings will help you to identify and prioritize energy efficiency and cost saving opportunities. According to ENERGY STAR, buildings that benchmark for three years have seen an average energy savings of 7%.

Benchmarking Ordinances 

Certain Cities have adopted benchmarking ordinances requiring the benchmarking of large facilities. Find out more information about benchmarking ordinances and City Energy Projects in your area:

Do you need assistance benchmarking your Hospital’s facilities? 

As an active ASHE member in the following chapters MOSHE, HESNI, KCAHE, SICHE, and CICHE, we are supporting the ASHE Energy to Care benchmarking effort.

To learn more or to request benchmarking assistance

Contact Us

Energy Efficiency Opportunities

Hi ,

The Ameren Business Symposium was a great event! We were pleased to have met and spoken with many owners about energy efficiency opportunities.

  • Are you considering starting an energy efficiency project for your building?
  • Do you have questions about the bonus coupon?
  • Would you like to learn how to utilize the Ameren staffing grant?

Sitton is here to help you find answers. We are an Ameren Program Trade Ally and are ready to facilitate and develop a strategy for your efficiency projects. There are incentives available to maximize your return-on-investment, find out how with a free consultation from Sitton Energy Solutions.

Call or Email us today and set up a meeting to discuss, how Sitton can make it easy for your business or institution to save energy, time and money.

Kind regards,
Gena Jain

Director of Client Relations
Sitton Energy Solutions
Mobile: 802.424.5111