The size, scale, and condition of multi-residential buildings should make them a key target segment for scaling up deep retrofits, notes this August 2020 report from the Atmospheric Fund. The authors write that current business case evaluation for energy retrofits places an overwhelming emphasis on simple payback based on energy cost savings, at the expense of more robust Life Cycle Cost Analysis (LCCA). It is argued that incorporating financial metrics like Net Present Value and Internal Rate of Return would improve the accuracy of business case evaluation.
Key words: architecture/engineering, construction, controls/sensors, energy management, fire/life safety, HVAC, installation equipment/diagnostics, large buildings controls/automation, motorized devices, natural gas, property management, protocols/standards, smart grid, system integrator, benefit-cost analysis, window covering controls, zero net energy