Reconstruction & Renovation

Life-cycle cost analysis is essential tool in energy efficiency retrofit planning

Editor's note: This is a sponsored article. All text and images were provided by the sponsor company.
July 22, 2013
66fb16686913961a604b9f4a Audit

Editor's note: This is a sponsored article. All text and images were provided by the sponsor company.

 

When considering energy efficiency retrofits, building owners need to do capital expenditure (CapEx) planning that includes the what, when, and why of repairs along with cost, says Graeme Scott, a senior principal at engineering consulting firm Halsall Associates. One of the most important elements in CapEx planning is doing an energy audit, he says.

“You need to understand your upgrade options and your ECMs (energy conservation measures),” Scott said. The money spent to improve thermal values might not show a quick payback, but often when returns are tallied over the long term, it proves to be a wise expenditure, he said. A CapEx plan incorporates an agenda for renewal of building assemblies and components, including HVAC and interior finishes, as well as the building envelope.

(http://dailycommercialnews.com/article/id55884/--life-cycle-cost-analysis-smart-move-for-buildings)

About the Author

Drew Ballensky

Drew Ballensky is general manager of Duro-Last Roofing, Inc.’s central U.S. facility in Iowa and company spokesman for Duro-Last’s cool roofing, sustainability and architectural education programs. He is past-president of the Chemical Fabrics and Film Association and chairman of CFFA’s Vinyl Roofing Division. Drew earned his bachelor’s degree in industrial technology from the University of Northern Iowa and master’s degree in business administration from Florida State University. Drew has over 29 years experience in business and industry in various engineering and managerial capacities. He has worked in the U.S. and Canadian operations for a major international manufacturer of pre-engineered steel buildings, was a financial analyst with a major athletic apparel manufacturer and was an owner of a general contracting company.
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