Corporate Energy Saving Strategies
Corporate Energy Saving Strategies
Many companies desperately want to reduce their bills but lack the cash flow that is needed to take action. However, the cost of inaction has its own price when it comes to corporate energy savings – and it is far higher than what it would cost to implement energy saving solutions today.
The Department of Industry found that many organisations find it difficult to start the process of making changes to their energy savings. There are a number of reasons for this difficulty, with some of the most pervasive including:
- Lack of access to information
- Lack of internal skills & capabilities
According to the Department, “sites lack specific skills and knowledge to assess and implement energy efficiency opportunities.”
Identifying and implementing energy saving strategies is much more complicated than changing your light fittings. The Australian reported in February 2014 that Australian businesses account for 70% of total electricity use countrywide and have experienced around an 80% increase in prices since 2009. The study also stated, “there are more rises on the way.”
With energy costs already at a record high and the cost of gas and electricity estimated to rise by more than 10% per annum over the next four years, Integrated Technologies Australia (ITA) have the resources, knowledge and manpower to ensure corporations are able to put energy saving strategies in place.
ITA electrical's research has found that the biggest energy efficiency challenges faced by corporations are:
- Increased energy prices impacting on operational costs & profits
- Disjointed energy management plans that do not provide maximum efficiencies or ROI
- Identifying sources of unnecessary energy consumption
- Financing & implementing solutions
- Expertise to implement effective change
- Confidence to invest
Research by Schneider Electric found up to 12% of energy per year is lost due to a lack of regulation and control systems. Most businesses have poor – or no – building automation control and are constantly paying for running costs when the energy-draining pieces of equipment in question are not required.
By implementing automation, ITA has found that human behavioural issues can be resolved by allowing electronics to control certain events, such as end-of-day shutdowns. With automation, these tasks can be completed at the push of a button – an energy-saving system that is both easier and more reliable than manual controls.
Schneider Electric also found that up to 8% of energy consumption per annum is lost due to insufficient monitoring and maintenance of energy usage. Here at ITA, we have discovered that most users have very little understanding of the benefits of energy monitoring.
When it comes to energy management, metering and monitoring are at the heart of energy management. It is important to be notified when your energy usage runs outside your pre-determined parameters and shared with staff as this kind of awareness brings change to develop and an energy-thinking culture within the organisation. Just as importantly, it can assist you in developing metrics that will enable you to monitor change as it takes place within your corporation.
ITA actively helps businesses who spend $200,000 or more in energy usage per year to reduce their costs by providing innovative ways of funding change. ITA is always on the look-out for ways in which businesses can remain competitive through compelling low cost financing strategies, paid for out of the energy savings companies make as a result of implementing energy-saving strategies. ITA also assists corporations in taking advantage of any government tax rebates available when investing in energy-saving infrastructure.
If you choose to partner with ITA as your trusted energy adviser, you will be rewarded with expert guidance and substantial savings. We will guide you towards the most innovative energy-saving solutions; solutions that will give you the best value and assurance across your whole organisation.
For more information on Energy Management for corporate sectors click here.