Tiered Approach Can Hold Down Energy Efficiency Upgrade Costs by Robert Freedman

Staging work over time enables each level of upgrades to pay for the next, say executives at the National Electrical Manufacturers Association. By starting with the savings from relatively low-cost upgrades, like a new occupancy-based LED lighting system, operators create a starting point for funding a capital stack that they can apply in stages to more impactful upgrades, Todd Sims, NEMA’s senior director of regulatory and industry affairs, told Facilities Dive in an interview. Staging improvements in this way enables each level of upgrades to pay for the next one, he said. Tiered approach can hold down energy efficiency upgrade costs | Facilities Dive