Cost-Benefit Analysis
Client
Saint Vincent de Paule, residential home for the elderly.
The largest home in Malta with 1200 beds.
Challenge
To analyse the Energy and Water operating consumption and provide a comprehensive plan with recommendations and Cost-Benefit Analysis to achieve a Carbon-Neutral Operation.
The Approach
The challenge was taken up as project lead, working with a team of associates. Our brief was to accurately monitor the operation over a six-month period and establish the operating consumptions and actual requirements.
We logged electrical, fuel and water consumption and carried out a full energy audit which included measurement of ambient parameters such as temperature and humidity. Thermal imaging was used to identify building losses. This also helped us to understand the passive measures that were necessary to maximise energy efficiency.
The Result
The results were analysed and tabulated. We carried out research on applicable technologies, and each was subjected to a cost-benefit analysis using life cycle assessment. This was done to determine the returns on investment using net present values.
The data and reports were collated and presented to management at the end of the year long project.
The results were then used to formulate an investment program by the residence management.
