ASHRAE Guideline 14-2002, Measurement of Energy and Demand Savings, was developed by ASHRAE to provide guidance on the acceptable level of M&V of energy and demand savings for commercial transactions. ASHRAE Guideline 14 deals only with the measurement of energy and demand savings, and does not address water efficiency projects.
M&V Guidelines from Current Utility & State Program: Many electric and gas providers in the U.S. offer incentive payments for verified energy savings. Each of these incentive programs has guidelines specifying their individual requirements for the measurement and verification of energy savings. This list of programs is not comprehensive, but includes programs that have M&V guidelines that are easily accessible.
California Utility SPC Program: San Diego Gas & Electric, Pacific Gas and Electric Company and Southern California Edison (Utility Administrators) are offering this statewide energy-efficiency program under the direction of the California Public Utilities Commission (CPUC).
The Large Non-Residential Standard Performance Contract (LNSPC) Program is a performance-based program that offers incentive payments to Project Sponsors who develop projects delivering verified energy savings at Host Customer facilities. This program offers fixed incentive prices to Project Sponsors for verified and documented energy savings achieved by the installation of specific, energy-efficiency measures. Energy savings will be measured and verified annually by the Project Sponsor over a two-year period following the approval and installation of the energy-efficiency equipment. Additional information about the programs, including M&V protocols, can be found on PGE website and SDGE website.
NYSERDA: The New York State Energy Research and Development Authority offers the Energy $martSM Commercial/Industrial Performance program. This program offers fixed-price incentives to energy service companies (ESCOs) that install cost-effective electric energy efficiency measures. Project-specific incentives are paid based on measured data from the performance period as specified in an SPC Agreement. An M&V Template for this program can be found at http://www.nyserda.org/Funding/1101MVplan.doc. Additional information on the Commercial / Industrial Performance Program (CIPP) is available at http://www.nyserda.org/funding/855PON.html
State of Texas Programs: Texas has statewide programs sponsored by the Public Utilities Commission of Texas. The PUC supports a Commercial and Industrial Standard Offer Program through several electric utilities within the state of Texas, as detailed below:
American Electric Power (AEP) offers several energy efficiency programs
with specific measurement and verification requirements. Their Commercial &
Industrial Standard Offer M&V requirements are specified on their web site.