02/08/2021
EE investment’s principal aims are reductions in energy demand and greenhouse gas emissions. However, other dimensions must be considered. Numerous studies underscore the presence of different kind of benefits, also known as “Multiple Benefits” that could be classified into 3 dimensions, by the actors involved:
•Participant: both building owners and tenants. Improvements in health, safety, energy security, and comfort and reduced operations and maintenance costs. People living in poor isolated buildings are more likely to develop respiratory diseases. Old and damage energy-power storage devices may result in domestic accidents, power costs, higher maintenance cost and higher bills.
•Utility: savings that accrue to the utility and subsequently may result in lower rates for ratepayers. For example, administrative activities related to late payments, uncollected bills, customer calls etc.
•Societal: improvements to the economy (opening a new market), employment (creating new jobs), public budgets, environment (greenhouse gas emissions and energy usage reduction), and health, safety, and comfort of citizens.
Or 5 dimensions, one for each sector the MB could have measurable impact on:
•Energy delivery cost for energy utilities
•Macroeconomic development
•Public budgets, reducing government expenditures, reduced budget for unemployment payments when EE policies lead to job creation
•Health and well-being, for example, reduced stress, depression, better air quality, reduction in acoustic noise
•Industrial productivity, change in the perception of energy from the current view of energy as an operational cost to a value-generating proposition