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ASHRAE Level 3 investment-grade audit

When a single measure is large enough that being wrong about it is expensive.

When a single measure is large enough that being wrong about it is expensive.

An ASHRAE Level 3 audit — the investment-grade audit — adds measurement and calibrated modelling to a Level 2. It exists for capital-intensive measures where the savings estimate has to survive scrutiny from a lender, a board or an energy performance contract.

The difference in practice is calibration. A Level 2 estimate is engineering judgement applied to a survey. A Level 3 estimate comes from a model tuned until it reproduces the building's actual metered consumption month by month, and from sub-metering the loads that matter most.

It costs meaningfully more and it is not always warranted. We will tell you when a Level 2 is sufficient, which is most of the time, because selling you a Level 3 you did not need is a short-term trade.

What you get

A calibrated model, measured load data, and savings estimates suitable for financing.

Who it is for

Owners committing significant capital, energy performance contracts, and lenders.

Commercial — the rest of it

Licence 9E

Find out what your house actually costs to run.

A measured EnerGuide evaluation by a registered advisor, a report you can act on, and an honest answer about which programmes are open where you live.