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Guidebook for Measuring Cost/Benefit Analysis of Smart Grid Demonstration Projects

November 2012
U.S. Department of Energy
SGDP, EPRI, Measuring Impacts, Monetizing Benefits, CBA, cost/benefit analysis

This report presents a step-by-step process for estimating the costs and benefits associated with Smart Grid demonstration projects. In its entirety, the guidebook is meant to function as a standalone users manual for the analysis process, from the initial step of describing the project to the final step of communicating the results to all stakeholders. This revision of the Guidebook updates and supersedes the material in the original Volume 1, published in 2011, but goes further by adding detailed discussion of monetization of benefits. The steps included in this volume present detailed instructions beginning with the overall design of the demonstration project, leading to execution of the research plan and analysis of data produced.