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Decisions about going ahead with any energy and emission reduction projects are best made within the broader decision making process of your department/agency. You can make sure any new energy saving or emissions reduction measure is successfully put into practice by first evaluating all the possibilities. It's recommended that as a minimum you consider several alternatives and - perform a detailed cash flow of each
- do a financial appraisal of each alternative using the methods outlined
- consider any depreciation, investment allowance and tax issues
- put the project into action and monitor its performance using suitable reporting mechanisms.
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