By Nick Keegan*

Since 2012, EEVS Insight and Bloomberg NEF have been surveying the views of UK energy efficiency suppliers and consumers produce the quarterly Energy Efficiency Trends report. The most recent survey (Q2 2018) showed that over 60% of respondents are reporting use of ‘good practice’ performance measurement and verification for their energy efficiency projects, which is a considerable increase on only 20% reporting this when the survey began six years ago. What’s also encouraging is that the proportion of respondents claiming they ‘don’t know’ what good practice M&V is has dropped from 45% to 19% over the same period.

One factor that may be influencing the increase in use of M&V is an apparent growth in project sizes; an estimate of the median investment size reported in the survey has risen from £64,000 to £367,000 between 2012 and 2018, leaving more room in project budgets to accommodate M&V costs.

If you are an energy efficiency supplier, consultant, consumer or financier based in the UK we would like to invite you to participate in the Q3 2018 survey at this link. For only five minutes of your time you will be making a meaningful difference to the results – and the more responses we get the more robust the research will be. So please do also pass this on to other organisations you think might be interested. In return, we will send you a copy of the updated Q3 report direct to your inbox.

To read past reports - that cover useful metrics such as technology trends, paybacks and financing - please visit www.energyefficiencytrends.com

(*) Nick Keegan CEM CMVP, Senior Consultant at EEVS Insight.