How do you incorporate sustainability and energy efficiency goals in your utility cost estimates?

2 Define the goals and criteria

The next step is to define the goals and criteria for your utility cost estimates. You need to consider the project scope, budget, timeline, and stakeholders' expectations. You also need to align your goals and criteria with the relevant sustainability and energy efficiency standards and regulations. For example, you might follow the LEED (Leadership in Energy and Environmental Design) certification system, which provides a framework for green building design and construction. You need to specify the level of performance, quality, and savings that you want to achieve with your utility cost estimates.

3 Evaluate the alternatives

The third step is to evaluate the alternatives for your utility cost estimates. You need to compare different options and scenarios for your utility consumption and supply. You need to consider the initial costs, the operating costs, the life cycle costs, and the environmental impacts of each alternative. You also need to factor in the risks, uncertainties, and contingencies that could affect your utility cost estimates. For example, you might compare the costs and benefits of using renewable energy sources, installing energy-efficient appliances, or implementing water conservation measures.

4 Select the best option

The fourth step is to select the best option for your utility cost estimates. You need to weigh the pros and cons of each alternative and choose the one that meets your goals and criteria. You need to justify your decision with clear and transparent calculations, assumptions, and evidence. You also need to communicate your utility cost estimates to the relevant stakeholders and get their feedback and approval. For example, you might use a spreadsheet, a report, or a presentation to show your utility cost estimates and explain how they support your sustainability and energy efficiency goals.

5 Monitor and adjust

The final step is to monitor and adjust your utility cost estimates. You need to track the actual utility consumption and costs of the project and compare them with your estimates. You need to identify any deviations, discrepancies, or changes that could affect your utility cost estimates. You also need to update and revise your utility cost estimates as needed to reflect the current situation and the project progress. For example, you might use a dashboard, a chart, or a table to monitor your utility cost estimates and make any necessary adjustments.

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?