Reducing your operating costs can be a big way to save money, be more profitable, and have more resources available for where they’re most needed, like hiring better talent. While your operating costs will never completely go away, you can do a lot towards reducing them. Saving on energy is just one way to do this, and there are so many ways to do this that many people don’t ever consider them all.
This is where having an energy consultant comes in, so that you don’t have to have a full-time job just to be able to explore all the available avenues that could help you to cut costs. But if you’re up for the challenge, here are some of the tips that we would advise you to look into as part of your energy strategy.
1. Manage your energy data
The foundation for all good decisions comes from good data. Data that is at your fingertips, sorted appropriately, and interpreted correctly is a huge asset in being able to evaluate your energy consumption and find where you can save. Unfortunately, many companies do not have their energy data organized or available for use, and some are not even aware of the state-of-the-art energy data management systems that are out there. Appropriate data management requires you to have effective data collection from all the places where it will help, and your energy consultant can guide you in this process.
2. Audit your energy bill
It’s amazing what you can find and where you can identify opportunities to save more money, simply by auditing your energy bill. If you’re simply paying your bill without giving it a second thought, why not run it by a consultant and see if they’d say that most people are paying far less than you?
3. Audit your system efficiency
Leaks, waste, and inappropriate usage can all drive your bill higher, and you shouldn’t be paying for avoidable inefficiency. Tighten up the ship with a system efficiency audit that will identify and address any areas where your system is not up to par.
4. Implement the right energy management strategy
Managing your energy consumption is more than a matter of turning out the lights when you leave the room and turning off the water when you brush your teeth. While these strategies might be perfectly fine at your home, your company’s energy management strategy needs to be much more robust. However, not many people know what these strategies are or how to implement them, and your consultant can help to ensure that you leave no stone unturned in your pursuit of savings.
5. Retrofit your existing equipment
With so many players racing towards a more energy-efficient future, there are more options than ever on the market to help you to save. There’s a good chance that your equipment is not built to be as efficient as today’s standards could have made it, but in many cases, you can make use of the latest technology anyway with a quick and inexpensive retrofit. Ask your consultant about what options they would recommend for you.
There’s no substitute for having an energy consultant when it comes to saving more on your company’s fixed costs. Contact us today to get in touch with Energy Network for your free consultation.