"You cannot manage what you do not measure" - Jack Welch, CEO of General Electric
Measurement and verification (M&V) solutions are systems and methodologies used in facilities to quantify energy consumption and control energy performance.
M&V solutions are required to measure energy use, identify energy saving opportunities and chart energy performance over time. With sufficient data on the facility energy usage, SMEs can identify opportunities for energy savings. M&V solutions will also enable SMEs to take control of their energy consumption, and assess the effectiveness of their energy saving measures and investment returns.
In order to manage energy efficiently, collecting and reviewing energy usage data is instrumental to understanding where the most energy is being consumed, what the best solutions to reduce wastage are, and how to use existing energy at its fullest potential.
It is widely-known that companies that measure and manage their energy consumption tend to realize more returns from improving their energy efficiency. With proper measurements, companies can quickly identify energy wastage “hotspots” and take action. Diligent measurements over time also make way for corrective actions when equipment begins to deteriorate.
With today’s computer technology, tools such as energy management systems have simplified such tasks tremendously. Data can now be automatically logged and analyzed periodically, allowing energy managers to focus on the decision-making process. Control systems can be programmed and autonomously alter equipment idling time and dimming lights when no personnel is around.