- Standardized processes based on industry-accepted best practices ensure consistent and rigorous engineering for energy retrofit projects across your portfolio.
- Apples-to-apples project proposals enable more effective analysis and a manageable competitive bidding process.
- Reliable savings projections can be presented to financial decision-makers as more “bankable” - resulting in greater management buy-in and more green lights for projects.
- ICP Investor Ready Energy Efficiency™ projects can access additional financial options, including debt and equity providers, off-balance-sheet lenders, risk insurers, utility/government incentives and others.
The ICP system brings value to building owners and managers regardless of organizational structure. Operating companies owning portfolios of commercial or multi-family buildings benefit directly from the integration of ICP with engineering practices. For Real Estate Investment Trusts (REITs) energy efficiency is increasingly viewed as a critical aspect of building value and REITs need systems that can produce consistent returns and improve investor confidence. Lastly, facilities management companies, who live and die by customer relationships, can leverage ICP best practices to enhance their credibility, deliver on savings predictions, and reduce performance risk for their clients.
ICP is a result of collaboration between many stakeholder types including investors, insurers, program managers, and especially engineers. Engineering staff are attracted to the ICP protocols which leverage the collective knowledge of industry leaders to create a best practices road map for project origination. Adoption of the protocols eliminates the need for engineering organizations to spend resources and time developing their own technical standards. ICP also adds to the credibility of project plans and proposals for CFO’s and other senior financial decision makers who gain peace of mind knowing that the underlying engineering practices are aligned with an industry standard which brings consistency to savings projections.
In addition, the recently unveiled ICP Provider Designation and the ICP Ally Network offer high quality project resources for organizations desiring to implement the ICP system. Using the ICP system, engineers can develop Investor Ready Energy Efficiency™ projects. Certified ICP projects bring management even more confidence that energy efficiency projects will be engineered, installed, operated and measured using consistent industry standards in order to more reliably deliver on projected financial returns.
Download ICP’s latest two-page overview for this industry segment, EDF's ICP for Building Owners and Managers, and then contact us to find out more about how ICP can add value to your organization.