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Measurement & Verification

BDC provides a comprehensive Measurement & Verification (M&V) Service for energy efficiency and renewable energy strategies. Designed in accordance with the International Performance Measurement and Verification Protocol (IPMVP), this service is ideal for ESCos and Energy Performance Contractors (EPCs), system operators, Facility Management providers, and building owners requiring independent verification of system performance for their projects. BDC can verify savings and report against specified targets, monitor against predicted savings and rates of return, present asset performance as well as alert engineers when replacement or maintenance of equipment is required.

Key Benefits

 

  • Ensures that declining system performance and sudden failure is identified in a timely manner and can be rectified quickly

  • Independent verification of energy efficiency and renewable energy projects for EPCs and ESCos

  • Quality assured through IPMVP certification

  • Ensures optimum system performance for maximum rate of return

Why Should I Use M&V?

 

M&V can be applied to both energy demand reduction schemes and renewable energy generation. Each strategy is subject to variations in performance, and can decrease over time or suffer unexpected failures – both of which can go unoticed in the general variability of energy use.  Optimum equipment or plant performance is essential if the contractual returns are to be realized. EPCs offer either guaranteed or shared savings models. In either case it is essential that the actual level of savings are accurately demonstrated. In a guaranteed savings project the contractor is paid an agreed amount, equivalent to a volume of energy savings. If these savings are not realized, the client is reimbursed any shortfall by the contractor.  If the savings are exceeded then the client benefits. It is in the best interest of both parties that the M&V is adequately and transparently designed and operated, which requires independence on the part of the verifier. Clients may also want to verify that the contractual terms (before implementation) are achievable or ambitious enough, which means there is a technical overview of the project before they sign the contract.  Less ambitious savings will be easily reached, which, in a shared savings model, will lend an advantage to the contractor. It is therefore in the interest of both parties to have high quality M&V process in place.

IPMVP Certified

BDC can offer Measurement & Verification Services compliant with the International Performance Measurement and Verification Protocol (IPMVP) using Certified Measurement and Verification Professionals (CMVP).  As appropriate, compliance with other M&V guidelines, such as ASHRAE’s Guideline 14: Measurement of Energy, Demand and Water Savings and the Federal Energy Management Program’s M&V Guidelines: Measurement and Verification of Performance-Based Contracts may be employed as well.

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