Measurement and Verification definition

Measurement and Verification means activities intended to determine the actual energy and demand savings resulting from energy efficiency projects as described in this section.

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Measurement and Verification or “M&V” means the process of using measurements to reliably determine and verify the actual savings created within buildings, infrastructure, or systems resulting from an energy management program. Savings cannot be directly measured, since they represent the absence of energy use. Instead savings are determined by comparing measured use before and after implementation of a project, making appropriate adjustments for changes in conditions. M&V follows the standards and definitions in the current International Performance Measurement and Verification Protocol (“IPMVP”), as may be amended by the Efficiency Valuation Organization on the Effective Date of this contract. The CEO Measurement and Verification Policy may allow alternative verification standards as appropriate for select Utility Cost-Savings Measures or FIMs.

Measurement and Verification means measurement and verification as defined in the standard;

Examples of Measurement and Verification in a sentence

• Verification standards for energy projects are established in the M&V Guidelines: Measurement and Verification for Performance Based Contracts, published by the Department of Energy's Federal Energy Management Program (FEMP).

• NORESCO and the CITY agree that the Verified Savings will be determined using the following Measurement and Verification Plan.

• The plan should assume that following the construction phase, NORESCO will monitor project savings, including but not limited to providing an energy savings guarantee following the International Performance Measurement and Verification Protocol (IPMVP).

• Project No. 2024-909 2c.2 Measurement and Verification (M&V) Fee for the work described in Section 2a.

• The measurement and verification systems shall meet the International Performance Measurement and Verification Protocol standards or equivalent level of standard.

More Definitions of Measurement and Verification

Measurement and Verification means the methodology, measurements, inspections, and mathematical calculations to determine utility consumption before and after an energy performance contract is implemented. The measurement and verification report may be for an individual cost-saving measure or an entire project.

Measurement and Verification means activities completed by the Project Sponsor after Project Sponsor submits a completed project to establish the Measured Demand Savings and Measured Energy Savings according to the Measurement and Verification guidelines set forth in the Commercial Standard Offer Program Procedures Manual.

Measurement and Verification means the methodology, measurements, inspections, and

Measurement and Verification. (“M&V”) means the examination of installed ECMs using the International Performance Measurement and Verification Protocol (“IPMVP”), or any other comparable protocol or process, to monitor and verify the operation of energy-using systems pre-installation and post-installation.‌

Measurement and Verification means the evaluation of Project energy and emissions performance performed by the City on the Retrofit Work completed on the Building under the Deep Retrofit Project.

Measurement and Verification or "M & V" means, as used in ESPC Procurement, the examination of installed ECMs using the Interna- tional Performance Measurement and Verification Protocol ("IPMVP"), or any other comparable protocol or process, to monitor and verify the operation of energy-using systems pre-installation and post-installation.

Measurement and Verification means the process of planning, collecting data, analysing, verifying, and reporting energy performance or energy performance improvement;