Properly Quantifying the Value of Increased Efficiency in Laboratory Settings
Mark Jewell, EEFG, Inc.
The extraordinary energy intensity of the typical laboratory creates a target-rich environment for anyone seeking to create value by increasing efficiency. This presentation will cover several approaches to calculating an expense-reducing capital project's returns; the pros and cons of using various financial metrics to demonstrate value and secure capital; how to incorporate landlord/tenant dynamics into the analysis where appropriate; the impacts of phased implementation, financing, rebates, and other factors on projected returns; and more.
Mark Jewell's experience includes more than 25 years in commercial real estate and nearly 20 years in energy efficiency. He is the founder and president of EEFG and a cofounder of the Efficiency Sales Professional Institute. Mark is a nationally recognized subject matter expert, author, coach, and speaker focused on applying energy efficiency to create value. He supports other professionals and organizations in overcoming the barriers to implementing projects. Earlier in his career, Mark helped the U.S. Environmental Protection Agency deploy both the ENERGY STAR® Buildings Program for Commercial Real Estate and the Portfolio Manager benchmarking tool. Mark is a graduate of The Wharton School at the University of Pennsylvania, where he specialized in economics and finance.