What is involved in a M&V feasibility study?

A Measurement & Verification (M&V) feasibility study determines how energy savings can be accurately measured and verified for your project. We assess your building’s energy data, metering infrastructure and operational requirements to establish a reliable baseline and identify the most suitable M&V approach.

The study provides a clear roadmap for implementing M&V, including any additional monitoring requirements, expected accuracy levels and the most appropriate IPMVP methodology, ensuring savings can be measured with confidence.

The International Performance Measurement & Verification Protocol (IPMVP) is a globally recognised framework used to quantify the results of energy and water efficiency projects. It provides standardised methods for measuring savings, ensuring that reported results are accurate, transparent and comparable across different projects. By aligning your M&V approach with IPMVP, we ensure that all savings calculations are credible, consistent and supported by a robust methodology. 

How can TEA help?

Understanding how your building uses energy is the foundation of any successful efficiency project. Our feasibility studies for metering and Measurement & Verification (M&V) provide the clarity you need before investing in new systems or upgrades. By analysing your current energy profile, equipment behaviour and data‑collection capabilities, we help you determine the most effective metering strategy and the right M&V approach to validate future savings. 

These feasibility studies ensure that any investment in metering or M&V is technically sound, financially justified and aligned with your operational goals.

25+ Years of Experience

Over two decades supporting Ireland's transition to sustainable energy use.

25+ Years of Experience

Over two decades supporting Ireland's transition to sustainable energy use.

40+ European Projects

Successfully completed more than 40 national and EU research and demonstration projects

40+ European Projects

Successfully completed more than 40 national and EU research and demonstration projects

€1.4M Savings Delivered

Helped Tipperary County Council alone achieve over €1.4M in energy cost savings.

€1.4M Savings Delivered

Helped Tipperary County Council alone achieve over €1.4M in energy cost savings.

SEAI Registered Auditors

Our auditors are SEAI-registered Certified Energy Managers (CEMs), meeting all statutory requirements.

SEAI Registered Auditors

Our auditors are SEAI-registered Certified Energy Managers (CEMs), meeting all statutory requirements.

What data will I need to provide?

To carry out a smart metering or M&V feasibility study, we typically require recent utility bills, historical consumption data, operational schedules, and any available information on existing meters or monitoring systems. This helps us establish an accurate baseline and determine what additional metering or data points may be needed. 

Are there additional benefits to smart metering or M&V beyond financial savings?

Yes. While cost savings are a major advantage, smart metering and M&V also improve operational transparency, support better decision‑making, enhance reporting accuracy, and help identify equipment faults earlier. They also contribute to sustainability goals by providing clearer insight into carbon emissions and resource use.

Who should consider smart metering or M&V?

Smart metering and M&V are valuable for any organisation looking to improve energy performance, verify savings from upgrades, or gain better visibility of how their building operates. They are especially beneficial for buildings with high energy use, complex systems, or plans for future efficiency projects. 

Are there any lower-interest loans available to me?

There may be green finance and energy-efficiency funding options available through banks and other finance providers for organisations investing in energy efficiency and building improvements.

TEA can help develop the technical and financial case for your project and identify potential funding and financing options.

Speak to an expert

Looking for the right solution for your facility? Contact us today to discuss your needs and see how we can support your goals.