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Energy Management Business Case
An important part of our project approach is preparing a strong economic justification for energy efficiency investments. From a business perspective, we believe that resource investments in energy management must generate a financial return. Additionally, energy management is increasingly becoming an element of an organization's strategic goals, for example, as part of enterprise sustainability or the reduction of greehouse gases.
On every assignment, NHI works closely with our clients to develop accurate and compelling business cases for investments in energy saving technologies and practices. The process for developing a business case typically follows four steps: define the current state, define the future state, quantify the benefits and costs, and develop and refine the business case.
During our projects, we identify dozens of potential energy saving ideas. We thoroughly analyze each idea and develop a business case for each one. We recommend those investments that have attractive ROIs and that meet the other evaluation criteria established at the beginning of the project. The resulting portfolio of projects is then approved by our clients for implementation.
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