Lowering energy consumption is one of the big ways that your company can stand to save money, cut costs, and end up with a bigger profit. However, saving on energy costs is often easier said than done, and a consultant can help you to hit your energy conservation goals. But can you actually stand to save more with a consultant than you would without one? Many companies do, but why is this? In our last blog post, we looked at the first two reasons why, and in this article, we will explore some more of them.
3. An energy consultant looks at more than just reducing your operational costs.
Energy management is often just about saving money on energy costs, but this is only one facet of the whole. Operational costs are so prominent that it’s easy to overlook anything else, but the social cost of a faulty energy policy can be just as high or higher, not only in dollar amounts, but in the public’s negative perception of your name as failing to fulfill your corporate social responsibility. For example, Hooker Chemical Company dumped toxic waste into Love Canal in New York, leading to a liability of $129 million in restitution.
With environmental issues becoming more and more at the forefront of public consciousness, you don’t have to go to the extent of dumping toxic waste into a canal to be demonized in the public eye. Just treating energy as a way to save on your own operational costs is short-sighted when society assigns a high amount of virtue to companies who have an energy-conscious, responsible energy policy. A consultant can help you to avoid the common pitfalls associated with energy issues, ensuring that you optimize your operational and social costs.
4. An energy consultant keeps current on innovations and useful 3rd party solutions.
Your facility’s energy consumption depends on the interaction between a whole host of hardware and software products, from heating and cooling systems to sensors to thermostats. All of these puzzle pieces are subject to decay, and new innovations constantly bring about the opportunity to save money on energy. However, it’s hard for the typical energy management employee to keep abreast of the best and most efficient ways to implement the newer versions of everything that comes out.
Further complicating the issue, it’s not always cost-effective to upgrade your equipment right away, even when there’s a seriously amazing innovation on the market. Take the analogy of driving your car. If you have a perfectly functioning vehicle, it probably isn’t cost effective for you buy a Tesla right away, even if you want one. The same thing holds true for your energy equipment, and knowing when to upgrade (and when not to) is more than just a matter of knowing what upgrades are out there.
However, just like dentists always know the best toothbrushes and veterinarians always know the best dog food, your energy consultant always knows the best products for optimum results for your energy management. For example, energy consumption of computer servers is extremely high, but an energy consultant may tell you about a cloud computing platform that will be much less costly for you to get the same storage space and speed. Or your consultant may know of a software product that gives you extreme analytics of everything that’s connected to the grid, helping you to have the best possible information at your fingertips in order to make choices.
Making wise energy choices is a difficult thing to do, but with a consultation like the ones that we offer here at Energy Management Solutions, you’ll not only find it to be easier, you’ll also save money in the process. Give us a call today!