Measurement, Verification, and Commissioning. Why You Need M&V. To assure yourself that the project is performing as expected To report achieved savings to HUD To assure savings persistence To verify a savings guarantee or calculate the ESCO payment
Measured/ Calculated/ Stipulated
Customer and ESCO balance cost and accuracy
(1) It does need to provide a reasonable basis for determining the savings from your particular project
(2) It does need to provide a reasonable basis for verifying guarantees or determining payments
(3) It does not need to do more than (1) and (2)
What is it?