equal, a higher cost and lower priority upgrade could be bumped
up in the execution list if a limited time funding grant, incentive
or rebate becomes available, thereby favorably impacting payback.
It’s helpful to set up your bucket lists in a spreadsheet, which
can be edited and manipulated by category as circumstances,
such as funding grants, change. This provides flexibility, allowing
you to edit data points as they change, while automatically updating basic calculated cost-benefit analyses and enabling you to
review the prioritization through flexible category sorting.
Ultimately, I like to “bucket” identified CEMP options into
1. Improvements with an immediate financial return
2. Improvements with a fast return on investment
3. Projects requiring additional study, information or analysis
The fourth category offers several benefits:
1. It memorializes that this particular option was considered
2. It keeps the project, its initial data and reason it was rejected
in the CEMP, allowing re-evaluation in the future should technologies, funding opportunities, technologies or organizational
3. It provides a data base, facilitating re-analysis during future
Integrated within the CEMP buckets is an implementation
schedule, based on priorities and funding availability.
WHEN TO TAKE A LOOK BACK
A solid CEMP is a beautiful thing, but beauty doesn’t last forever.
It’s important to revisit and update your CEMP every five years or
so—sooner if circumstances dictate. Major changes in your business
model, processes, financing, regulatory requirements, available technologies, energy costs and futures are just some of the circumstances
that can drive the need to update your CEMP sooner.
Stay the course, be disciplined to follow your CEMP and allow
flexibility to adapt as the circumstances evolve.
Keep your CEMP active, and it will continue to pay dividends
to your organization’s bottom line, your environmental track
record, your community relations and your career.
Mike Chonko, PE, CEM, directs mechanical engineering at SMRT
Architects and Engineers. A Certified Energy Manager and licensed
mechanical engineer, Mike has more than 20 years’ experience
solving complex challenges for clients in science/technology/industry,
healthcare, government, justice, and education. His passion: developing energy systems that are operationally and financially sound, yet
highly efficient. firstname.lastname@example.org; www.smrtinc.com
One component of a Comprehensive Energy Master Plan would be an
analysis of Combined Heat and Power (CHP) options.
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