Energy management can boost a business' bottomline
A survey of more than 250 industrial sites found that while the majority of businesses claim to have energy management strategies in place, only about 5% of them have had success in reducing energy costs.
While most companies understand the impact that rising energy costs have on their business, most simply do not make energy savings a priority and those that do, often try to tackle the problem using internal people. Most such programmes fail because these people are often burdened with energy savings on top of their core responsibilities, and also lack the skills, tools and time required to identify and implement projects.
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“Many businesses require help with the operation of energy intense utilities like refrigeration, water heating and steam generation. These plants are typically not being run efficiently by the companies themselves, because producing steam, heating water or refrigeration is not core to their business and skillset. Handing this entire function over to a specialised service provider not only reduces energy consumption, but also frees up resources within the business, to focus on its core operations,” says Gary Fahy, head of client development at Energy Partners.
“This is a massive missed opportunity for most, as successful energy efficiency programmes typically reduce a company’s energy costs by between 10% and 30% - often even without the need for upfront capital investment,” Fahy says.
