Measuring and Verifying Your Energy Performance Contracts- What are Your Options? How do You Choose?
Abstract
Performance contracting is all the rage for facility managers today.
Where “the rubber meets the road” in performance contracting is
“counting the beans” after the work is done—otherwise known as mea-
surement & verification (M&V). This article provides a down-to-earth
explanation of the measurement & verification options for performance
contracts as identified in the Department of Energy’s International Per-
formance Measurement and Verification Protocol (IPMVP)—formerly
known as the North American Energy Measurement and Verification
Protocol (NEMVP). The article also provides recommendations for the
choice of M&V methods.