The most important part of any project is the beginning steps, and energy conservation projects are no different. It is very important that the first steps taken…often an energy audit…are performed correctly to thoroughly and accurately uncover energy conservation measures.
An energy conservation project can be divided into the following 5 stages.
Each stage has both a cost and an importance associated with it. Relative costs are:
Relative Importance to the success of the project, looks quite different:
As you can see, there is a huge mismatch between the cost and the importance of each stage, with the most significant difference in the energy auditing portion of the project. Which begs the question: If you are saving 20% on the cost of an audit (or about 0.3% of the project cost) by selecting a less experienced auditing firm, are you really saving?