The old business saying “You can’t manage what you don’t measure”, is certainly true when it comes to minimising your energy costs by improving energy efficiency. So, your important first step is a Professional Energy Assessment
Often an accurate assessment of your energy use can be obtained just by our examining your power bills, analysing your interval data, and preparing an inventory of the equipment and appliances at you premises. For even greater accuracy, it might be necessary to attach sophisticated logging devices to individual circuits or machines for a period.
The end result is a breakdown of your electricity consumption by sector (e.g. HVAC, Lighting etc.), by building or by process. This forms the basis of a marginal energy efficiency cost curve for your business, which ranks the various energy efficiency measures your business could undertake in terms of obtaining the greatest financial benefit per dollar of expenditure.
As there is no single measure by which one achieves energy efficiency – no ‘silver bullet’ solution – but rather a suite of measures, each of which helps increase energy efficiency and reduce energy costs, a marginal energy efficiency cost curve identifies the program of works, which collectively constitute your Energy Cost Minimization Strategy, and ranks them in terms of achieving ‘the biggest bang for your buck’. Click here too learn more about an Energy Cost Minimization Strategy
An additional benefit of having a Professional Energy Assessment is that you also quantify your ‘carbon footprint’.
Many businesses have as a policy objective the reduction of their ‘carbon footprint’, or level of Green House Gas Emissions (GHGE). Even if your business has no objectives in this regard, it is becoming increasingly common for larger companies to impose their own emission reduction targets on other businesses within their supply chain. But what is your ‘carbon footprint’? And how could you reduce it by, say, 20% if required to, to comply with the requirements of an important customer?
Fortunately, for most Australian businesses, their ‘carbon footprint’ is closely related to their electricity consumption. Increasing energy efficiency and decreasing GHGE are two sides of the same coin, so by having a Professional Energy Assessment you not only get an Energy Cost Minimization Strategy but also an accurate assessment of your ‘carbon footprint’, which quantifies the reductions each of the proposed measures will have on it.
A Professional Energy Assessment of your business is a valuable management tool. If you would like to discuss having your business assessed, contact Richard Pryke on 0435 628 138 or email: {HERE}