Communicating the Value of Energy Effi ciency Projects To Financial Decision Makers In Not-for-profi t Markets

Authors

  • W. Brewster Earle President Comfort Systems USA Energy Services
  • John P. Hennessey P.E., President, Engineered Alternatives, Inc.

Abstract

By evaluating energy efficiency projects as investments and pre-
senting them in the language of financial managers, facility managers
can make a compelling case for investing in energy efficiency projects
instead of competing for scarce capital or expense dollars every year.
The comparison between the financial manager’s expected return on
investments and the returns generated by well-designed energy proj-
ects can move such projects out of the competition for annual capital
or expense dollars and into the organization’s investment portfolio. By
providing an analysis that shows energy projects as investments that
take into account the life-cycle costs, facility managers can demonstrate
that these projects are comparable to, and generally outperform, other
endowment investment vehicles.

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Author Biographies

W. Brewster Earle, President Comfort Systems USA Energy Services

W. Brewster Earle is the president of Comfort Systems USA Energy Services, the energy services company of the Comfort Systems USA Corporation. Mr. Earle holds an MBA from Rensellaer Polytechnic Institute and a BA from the University of Connecticut. He is a member of the Association of Energy Engineers and has been a Certifi ed Energy Manager since 1996. He can be reached at 860-687-1586 or by email at bearle@comfortsystemsusa.com.

John P. Hennessey, P.E., President, Engineered Alternatives, Inc.

John P. Hennessey, P.E., is the president of Engineered Alternatives, Inc., an independent energy and environmental engineering fi rm located in West Simsbury, Connecticut. Mr. Hennessey holds a BSME from the University of Connecticut and is a licensed professional engineer in Connecticut, New York, and Maryland. He is a member of the American Society of Heating, Refrigeration, and Air Conditioning Engineers (ASHRAE) and the Association of Energy Engineers (AEE). He can be reached at 860-217-5252 or by email at jhennessey@EngAlt.net.

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Published

2023-07-11

How to Cite

Earle, W. B. ., & Hennessey, J. P. . (2023). Communicating the Value of Energy Effi ciency Projects To Financial Decision Makers In Not-for-profi t Markets. Strategic Planning for Energy and the Environment, 26(4), 55–66. Retrieved from https://journals.riverpublishers.com/index.php/SPEE/article/view/20047

Issue

2007: Vol 26 Iss 4 2006-2007

Section

Articles