Does Metrix do Budgeting and Forecasting?
Explicitly, no. Metrix is not usually used to create Budgets, but it can be. Metrix allows you to make “Targets” which are some reduction from “Baseline” energy usage. Since the Baseline changes with changes in weather, then your Targets would change as well. For example, an energy manager may have a goal to reduce energy usage by 10% in his first year. Since the energy manager does not want to have extreme weather destroy his comparison of Target usage to actual usage, he might want the Target to be adjusted for changes in weather. Metrix does this. Then the energy manager can see if he really reduced usage by 10% or not. If the Target was not adjusted for weather, then for any cool summer, the energy manager might see too much energy savings, and during any hot summer, he might see negative savings. It is better to get a fair picture and get the weather variations out of the equation.