SERVICES | INVETSMENT GRADE AUDIT (IGA)
Options appraisals and Investment Grade Audits (IGA)
Going beyond basic energy audits, an Investment Grade Audit (IGA) delivers precise performance data, validated costs, and dependable financial modelling. This level of detail supports confident decision-making for building owners, financiers, and ESCOs when funding large-scale energy efficiency projects.
Proud to have worked with:
Initial Energy Assessments (IEAs), which are level 1 and 2 energy audits, are great at generating opportunities and ideas but often further development of the opportunity is required to get it to a point where the savings and investment are sufficiently understood to enable capital expenditure to be approved.
Often, multiple options in equipment, implementation and location maybe available to reach the same goal.
Similarly, if equipment has reach the end of its useful life there are often multiple options on how it can be replaced, and what it can be replaced with, to provide the same or improved outputs.
It is important to consider not only the up front capital cost but the functionality, reliability, maintenance requirements, lifetime cost and both embedded and operational carbon emission of any new equipment purchased.
This service is for any organisation looking to invest in capital equipment or behavior change, especially where energy efficiency and carbon reduction or Net Zero is a strong driver for the change.
Identifying the correct specification for any technical project can be complex and time consuming.
Many organisations find allocating the appropriate resources with the correct technical skill and knowledge to this type of task difficult, resulting in delays in implementation and lost opportunities and savings.
Our technical consultants will provide a supplier and equipment agnostic detailed assessment of the options available for the project in question.
This will include detailed costs, derived from supplier quotes, a project plan with realistic timescales and potential issues and benefits for each option explored.
Further to this we will assist in preparing a capital expenditure application for the preferred option to the requirements of your organisation to include detailed costs and comprehensive planning
Our support typically includes:
Information gathering
- Site visit to inspect the current situation, equipment, location and services available
- Collection and analysis of data to identify and model existing and proposed systems
- Identifing the desired outcomes and limiting factors associated with the project
Option identification
- Identifying all the suitable technical options
- Investigate in detail any suitable new technologies
- Prioritise the options into a short list
- Obtain quotations from suppliers for short listed options
- Full Life Cycle Cost Analysis for each short listed option
- Project plan for short listed options
- Report detailing the above
Capital expenditure approval
- Assist in completing a Capital Expenditure approval application
- Presenting findings to board and decision makers
Detailed reports, plans and data
- Detailed report covering the appraisal or IGA findings
- Project plan
- Copy of backing data, calculations and supplier quoted to support the report
- Support with Cap Ex approval
The benefits of specialist support
Working with us helps you:
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Ensure the best outcomes from capital projects
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Ensure equipment purchased is the best fit for the organisation
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Save internal time and resources
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Improve energy efficiency and reduce carbon emissions
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Ensure a smooth Cap Ex process with supportable, credible and evidenced arguments for investment
Why choose us?
- Specialist plant equipment expertise
- Experienced in project management
- Proactive knowledge of new technologies and processes
- Practical, implementation-focused support
Get in touch
If you are looking to either upgrade, renew or install new energy intensive equipment, by contacting our specialist team, you can ensure all the viable options are considered and the best fit option for your organisation is chosen.