1.877.959.8816

Use Energy Analytics to reduce utility bills

Energy Analytics

Energy may be one of your businesses largest expenses, but it is an expense you can manage.   We encourage our clients to think of energy as a variable cost of goods sold rather than a fixed expense: your goal must be to reduce the energy cost of a unit of production.  You can achieve this by reducing either your per-unit energy demand, or by finding a cheaper supply of energy (e.g. CHP, fuel cells, solar), or by changing the price you pay for utility energy.  With this economic framework in mind, you can now use Energy Analytics to develop a fitting energy savings program and devise ways to reduce utility bills.

STEP 1 – PLAN
In any case you must first measure what you wish to manage.  This is easily done by placing energy monitoring devices at key load points throughout your production process. Energy consumers with smart meters can map their aggregate energy intensity using utility interval data.

STEP 2 – DESIGN
Then using Energy Analytics software you can run scenarios which vary your production volume/timing, utility tariffs and supply sources to find a the optimal mix that minimizes your energy cost per unit.  This form of “Energy Analytics” allows you to determine which energy efficiency or distributed power generation projects are most economic.  It also allows you to preview the energy cost impact of proposed changes to your manufacturing process or utility tariff.

STEP 3 – IMPLEMENT

Most companies will want to start small by identifying and implementing demand-side management and pricing changes; these often deliver high return rates on little investment.  Firms seeking larger dollar savings will pursue alternative energy supply solutions.  Either way, Energy Analytics eliminates risk and uncertainty by allowing you to define the optimal energy program before you invest time ane money.

STEP 4 – MANAGE

Web browser-based reports allow you to manage and communicate energy performance and KPI’s in real time, enabling continuous improvement and facilitating training and behavioral change among staff.