Feasibility Studies

Feasibility studies assess the technical and economic viability for projects. To determine project feasibility, we conduct a two-step evaluation comprised of an initial screening analysis followed by a detailed analysis if warranted.

Level 1 Screening Analysis:

• Establish if a site is a potential candidate for a clean energy project
• Uses industry averages and "rules of thumb"
• Considers a facility's monthly electric and gas consumption data
• Results include simple payback
• +/-30% accuracy in savings in costs

Level 2 Detailed Analysis:

• Determine if a site is a viable candidate for a clean energy project
• Hour-by-hour simulation of building energy use using DOE software
• Calibration of baseline model to actual utility bills
• Sensitivity analysis for variability in electric and gas prices
• Well-defined CHP configuration and equipment set
• Evaluation of multiple scenarios
• Pro forma financial models generate internal rate of return (IRR)
• Calculation of emissions reduction potential
• +/- 20% accuracy in savings and costs