KPI - Average Cost of Electricity and Water
- By: Ken Nunes
This is important for several reasons:
- Average Electricity Charges enables you to see the need for efficiency measures, which can give an idea of Pay Back Periods on investments.
- Average Electricity Charges can also indicate the viability of installing a Solar PV Installation - in general, average electricity rates of over R1.50/kWh is within the range where a Solar PV System will become viable. The higher the average electricity rate, the quicker the pay-back on investment.
KPI's are aimed to give the school's Administrators a better understanding of consumption and costs, and is an extremely cost effective way of bringing about change.
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