The cost implications of this credit vary from one project to the next. Costs will depend on the complexity of the meter and sub-metering system, the cost of energy modeling and calibration, the cost of commissioning, and the size and complexity of

The cost implications of this credit vary from one project to the next. Costs will depend on the complexity of the meter and sub-metering system, the cost of energy modeling and calibration, the cost of commissioning, and the size and complexity of the building. The cost premium for M&V will be lower for projects that already include a BMS. 

• For retrofits, costs of M&V average no more than 5% of the total project cost, studies show. 
• For new construction, the combined cost of the installed equipment and the first year of monitoring is generally less than 1% of the total project cost for buildings larger than 150,000 square feet, and less than 1.5% for smaller buildings, according to studies.