The Nature And Scope Of Energy Audit Assignment Help

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The Nature And Scope Of Energy Audit

In many customs, Energy Audit is identical to financial Audit that includes the examination of monetary accounts. Incomes and expenses are confirmed to make sure that the recognized rules and regulations are not dishonored, the outcomes of this examination are used to recommend techniques for increasing savings and profits; that is, it is a control mechanism to make sure modesty and profitability.

Likewise, in an Energy Audit, an account of the energy inputs, like, electricity and fuels involving coal, LPG, oil, natural gas, agro-fuels, and so on is kept, and the operations in which they are employed for different uses are monitored. The aim of this exercise is to recommend strategies for energy savings. The management of a company requires an Energy Audit to evaluate the profitability of the company. Energy Audit is a formal process to recognize energy conservation opportunities.

Energy Audit includes three steps:

• Measurement of energy utilizes and cost, and reports it as energy and money accounts.  
• Presentation of accounts to compare real energy utilization and cost with expected or standard amounts.
• Interpretation of accounts to recognize areas that require remedial measures to decrease energy usage and price.

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