Implementing Energy Saving Opportunities No. 19
When building the business case for your energy saving opportunities, you should consider which opportunities make the most sense to cluster together.
Reasons for doing this might include implementing them together during the same maintenance cycle, or because their installation will require downtime of the same equipment.
Clustering projects is also a good way to group a number of recommendations with longer and shorter payback periods, as this helps to balance a high investment.
For example: for a boiler upgrade, consider clustering savings from say a behaviour change measure, to make the overall financial case for investment attractive for both.
This approach can sometimes enable access to external finance for longer term investments.
In our next newsletter we will discuss : Securing Energy Project Finance