How to Finance Value Engineering for Building Energy Performance Upgrades

The business case for energy efficiency measures and renewable generation is often favorable. This is especially true in major cities, once you factor in the high cost of electricity and gas. Value engineering certainly has its place in these performance standards. However, the main barrier for many of these projects is the upfront cost; although the long-term benefit is greater, the short-term impact on cash flow can be significant. Even if a company [...]

2018-09-17T22:00:56+00:00 Value Engineering|

Understanding Value Engineering in Upgrading LED Lighting Systems: Lamp Replacements, Retrofits and Fixture Replacements

LED lighting upgrades can be classified into three broad types based on how much the existing installation is modified: lamp replacements, retrofits and fixture replacements. You can normally achieve higher performance by upgrading more lighting system components, but the project cost is also increased. However, governments and utility companies may introduce rebate programs for energy-efficient lighting, and an expensive project can end up being high value engineering after a good rebate. Like with any [...]

2018-09-17T21:22:18+00:00 Value Engineering|

Value Engineering: The Effective Use of Daylighting in Buildings

Daylight has two key advantages over artificial lighting. In the first place, daylighting reduces electricity bills because it is available for free. The effective use of lighting is essential in many value engineering projects. In addition, it offers perfect color rendering performance, allowing the colors and textures of objects to be appreciated without visual distortion. No artificial light source can offer this combination of benefits: Incandescent and halogen lighting matches the color performance of daylight, but both types [...]

2018-09-17T20:16:00+00:00 Value Engineering|

Value Engineering: Performance Metrics of Heating and Cooling Equipment

Many numerical indicators have been developed to describe the performance of heating and cooling equipment, and they provide a reliable basis to compare value engineering products. These metrics also allow a quick estimation of running costs for a specific piece of equipment. When comparing HVAC equipment based on their performance metrics, there are two main guidelines to consider: Different metrics cannot be compared with each other.For example, two air conditioning units with a SEER rating can [...]

2018-09-17T19:17:33+00:00 Value Engineering|