Cost effectiveness of measures

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Cost effectiveness of measures

Cost-effectiveness analysis of measures compares the relative costs and outcomes of an action, it is used as a tool for MS deciding which measures to implement. The costs for achieving the energy saving measures include:

  • The total administrative costs for the regulator of the scheme, including: set up, design, implementation and running costs
  • The program costs
  • The additional investment costs, including, the costs of investing in a specific energy saving technology related to the costs of the respective standard technology.

Comparing the benefits of an investment with the costs, is a simple method to measure energy efficiency cost-effectiveness. Knowing the costs of the individual measures gives a good basis to choose the most effective measures to achieve the set targets.

Sources and further reference:

 

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