Amount of energy savings due to the organization's services that were sold during the reporting period.
Amount of energy savings due to the organization's services that were sold during the reporting period.
Organizations should footnote all assumptions used.
This metric is intended to capture the total consumer energy savings as a result of services provided by the organization to help conserve or reduce clients' energy use. For example, an organization that helps identify products/methods that conserve energy (such as lighting retrofits, boiler system optimization, or weatherization) might report its clients‘ total energy savings under this metric.
In their calculations, organizations should ensure they use the same reporting period for Client Individuals: Total (PI4060) and the average energy savings per client.
In some contexts, this metric can serve as an indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). For more on the alignment of IRIS metrics to the five dimensions of impact, see IRIS+ and the Five Dimensions of Impact (https://iris.thegiin.org/document/iris-and-the-five-dimensions/). No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revision to usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
No change.
March 2014 - IRIS v3.0 Released
New metric. Energy Savings from Services Sold (PD4927) was developed via the IRIS Taxonomy Group.