How To Transform Your Company's Energy Management

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While energy management used to be something of an afterthought for business owners, more and more boardrooms are now waking up to the benefits of smarter energy management and are paying closer attention to the issue than ever before.

As a recent article on Energy Manager Today explains, energy wastage costs organisations billions of dollars per year - for example, $700 million is wasted through empty buildings running still in 'occupied mode' during the holiday season. So in the interests of cutting costs and improving your overall bottom line, here are some key energy management strategies to consider:
  • Get the best price for your energy
Most companies use corporate agencies and systems to find the best prices for outgoings such as travel costs; so why not do the same with energy suppliers? In today's competitive market, you can make suppliers vie for your business to make sure that you get the best value possible - providing the ideal starting point for your energy management transformation.
  • Face up to regulatory compliance
You wouldn't conduct HR operations without adhering to the legal guidelines, and there is now a lot of regulation surrounding energy consumption, too. Keep up-to-date with the latest regulatory compliance laws, especially if your company has a large property portfolio, and look into automation to help reduce any unexpected costs.
  • Automate energy reporting
Clear, precise reporting is an essential part of any energy management strategy - without it, you won't know what you're dealing with. But with the compilation and measuring of data proving a lengthy process, automating reporting can free up valuable resources and reduce the risk of incorrect data being entered. Energy intelligence software is essential for removing this element of human risk - as Dale Sibert, facility manager at Saint-Gobain explains: "The more you can automate, the more you can be efficient."
  • Communicate - constantly
The importance of communication can be easily overlooked, but with the responsibility for energy management often being spread throughout a company - from finance departments to facilities management teams - it's a crucial component. Community engagement tools and software can help with this issue, and staff should be encouraged to use them.
 
Installing and sustaining an effective energy management system won't happen overnight; but with clear strategies, the right software and support from the whole company, it can lead to real savings sooner than you think.
 
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