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Accelerating Applied Sustainability Of Utilizing Return On Investment For Energy Conservation Measures, Joshua Pearce, D. Denkenberger, H. Zielonka
Accelerating Applied Sustainability Of Utilizing Return On Investment For Energy Conservation Measures, Joshua Pearce, D. Denkenberger, H. Zielonka
Joshua M. Pearce
Many energy conservation measures (ECMs) that utilize energy more efficiently thanstandard devices or practices will save money in the long term; however, decision makers oftenfail to deploy ECMs because of what is viewed as a prohibitively long payback time. This paperprovides a graphical tool to determine the return on investment (ROI) of any ECM from only thesimple payback and device lifetime, which corrects this common economic error. Utilizing thismethod will encourage the increased deployment of energy efficiency and renewable energytechnologies, while improving the economic performance of the companies and individuals thatutilize the method.