In: Accounting
the individual assignment is required to be submitted as stated in the lecture plan. Each comprising of total 10%. This assignment will cover the assessment of all topics in this course. Here are the instructions: The walk-through audit can be a standalone task or one part of a standard energy audit. Typically, this type of audit is sufficient for small buildings with simple energy systems including residential buildings and low-rise commercial buildings. Write the final report after completing any energy audit type for a residential building.
In any industry, the three top operating expenses are often
found to be energy (both electrical
and thermal), labour and materials. If one were to relate to the
manageability of the cost or
potential cost savings in each of the above components, energy
would invariably emerge as a
top ranker, and thus energy management function constitutes a
strategic area for cost reduction.
Energy Audit will help to understand more about the ways energy and
fuel are used in any
industry, and help in identifying the areas where waste can occur
and where scope for improve-
ment exists.
The Energy Audit would give a positive orientation to the energy
cost reduction, preventive
maintenance and quality control programmes which are vital for
production and utility activi-
ties. Such an audit programme will help to keep focus on variations
which occur in the energy
costs, availability and reliability of supply of energy, decide on
appropriate energy mix, identi-
fy energy conservation technologies, retrofit for energy
conservation equipment etc.
In general, Energy Audit is the translation of conservation ideas
into realities, by lending
technically feasible solutions with economic and other
organizational considerations within a
specified time frame.
The primary objective of Energy Audit is to determine ways to
reduce energy consumption
per unit of product output or to lower operating costs. Energy
Audit provides a " bench-mark"
(Reference point) for managing energy in the organization and also
provides the basis for plan-
ning a more effective use of energy throughout the
organization.