Efficiency Valuation Organization (EVO)
EVO’s vision is a global marketplace that correctly values the efficient use of natural resources and utilizes end-use efficiency options as a viable alternative to supply options.Energy efficiency is recognized as one of the cleanest and most cost-effective “sources” of energy. However, in order for efficiency to be considered a reliable resource, its energy savings, including the persistence of savings, must be verifiable and project transactions costs must be kept to reasonable levels.If energy efficiency is to realize its full potential, facility owners and operators, service companies, consultants, contractors and financiers must adopt common technical, financial and legal standards that guide the measurement and verification (M&V) of savings and other aspects of energy efficiency business transactions.EVO’s mission is to develop and promote the use of standardized protocols, methods and tools to quantify and manage the performance risks and benefits associated with end-use energy efficiency, renewable energy, and water efficiency business transactions.This international non-profit organization offers products and services that are in line with its mission and which aid in:Measuring and verifying savings resulting from energy and water efficiency projects – both retrofits and new constructionManaging project performance and related financial risksQuantifying emissions reductions from energy efficiency projectsPromoting sustainable and green construction through cost-effective and accurate accounting of energy and water savings