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They are defined in IEC 61724-1:2021 and are used by asset owners, operators, and independent engineers to detect underperformance, benchmark plants, and fulfill contractual obligations. Two primary indicators are in common use: Performance ratio (PR) and Energy performance index.
Typical cost range for adding or replacing a 2-pole 220 breaker generally falls between $85 and $680, with most residential installations landing around the $125–$250 mark for a standard 20–30A breaker. For higher amperages, AFCI/GFCI protection, or difficult access panels.