This training is intended to provide an understanding of measurement and verification (M&V) concepts for energy savings performance contracts (ESPCs) focused on the municipal, university, schools and hospitals (MUSH) market, and is applicable to owner's representatives and customer staff that need to understand M&V. This module covers M&V basics such as why M&V is important in performance contracts, balancing measurement uncertainty with cost, the four M&V options and when they are used, detailed examples for each M&V option, and best practices for M&V development and review.
Upon completion of this course, attendees will be able to:
- Describe why a facility owner needs M&V to ensure ESPC performance;
- Recognize the importance of balancing performance uncertainty with cost;
- Identify the four main M&V options and understand how to choose an appropriate option for each ECM; and
- Apply the best practices for baseline development, witnessing, and M&V review.
Credits for PCNRC Series
The PCNRC training certificate series was developed through a collaborative effort between FEMP, SCEP, National Labs, DOE contractors, and experts in MUSH market performance contracting. Read More