Capital Reserve Analysis & Long-Range Planning
The Capital Reserve Analysis and the Long Range Plan are the BEST possible tools for monitoring operating costs and implementing best practice maintenance procedures.
Knowledge is power and the ESSEX CAP and LRP establish the necessary information benchmarks. Knowing the useful life, replacement cost and optimal use parameters of systems and components is an invaluable guide to developing efficient, best practice maintenance procedures. This also provides the savvy manager with a building-specific record of its systems performance. When systems are changed or replaced, this benchmark history becomes the measurement for the new components or systems.
When used in conjunction with an ESSEX Energy Audit, the reserve useful life of components and systems can be weighed against potential savings in energy use if these systems are replaced with newer and more efficient systems.