Life Cycle Costing for Energy Professionals Training Program
Type: Non-certification Program
Businesses and governments make important financial decisions based on financial benefits to their organizations. This course provides the energy professional with knowledge and practical tools to identify cost-effective energy conservation measures (ECMs), energy conservation opportunities (ECOs), and demand-side management (DSM) measures. The course goes beyond simple payback analysis of energy conservation measures. It helps the energy professional understand and be able to calculate important energy investment parameters such as net present value, rate of return, and return on investment. The course helps participants understand why an energy conservation measure, which may have a seemingly “long” payback period (e.g., 3-4 years), is an excellent energy conservation investment, often returning dollar savings more than two or three times the initial investment.
Available Formats: Online