7.21.3 Measurement and Verification Plan

An effective Measurement and Verification Plan that complies with the requirements of the IPMVP would include the following non-exhaustive list of components:

> Facility and project overview

> Energy saving project intent

> Selected IPMVP Option and measurement boundary

> Baseline: period, usage and conditions

> Reporting period

> Basis for adjustment

> Calculation methodology and analysis procedure

> Energy prices

> Meter specifications

> Monitoring responsibilities

> Expected accuracy

> Budget

> Report format

> Quality assurance

In summary, the table below outlines the steps involved in developing a project which is adherent with IPMVP.

Further information can be obtained by downloading the IPMVP Core Concepts from IPMVP - Efficiency Valuation Organization (EVO) (evo-world.org)