Energy Management Manual for Arena and Rink Operators
Section 3 Making a Financial Analysis
This section covers three simplified methods – simple payback, net present value and constant dollar value – to gain a quick feel for the value of your planned energy efficiency and building projects. If you are interested in an in-depth analysis, financial consultants will assist you in determining whether the dollars you spend are put to their best use and work as hard for you as your community has worked for them.
Each facility takes a different approach to finances, depending upon where you get your funds, how you spend them, the people involved, and the traditions established in your community. Financial priorities will influence when and what you spend your money on, as well as the types of projects you undertake, from repair to replacement. Some communities take out loans; others insist that all money is in the bank first.
