Levels of Energy Accounting

Number Family Member From 1978

As in financial accounting, the level of sophistication or detail of energy accounting systems varies considerably from company to company. A very close correlation can be developed between the levels of sophistication of financial accounting systems and those of energy accounting systems. This is outlined in Figure 1-11. Most companies with successful energy management programs have passed level 1 and are working toward the necessary submetering and reporting systems for level 2. In most...