Reducing Energy Cost

Reducing Energy Cost

Reducing energy energy on its own isn’t really a worthwhile economic goal. Reducing energy cost in the context of your business is very worthwhile.

Learn More About Energy Analytics

If the cost of energy is important to your business, then energy analytics helps you prioritize where and how to improve.

  • This field is for validation purposes and should be left unchanged.

Key Points to Reducing Energy Cost

The key point is that reducing energy usage doesn't necessarily reduce energy costs. Unfortunately, energy usage and costs are frequently disassociated with typical utility tariff schedules and demand charges. To be precise, the goal is to reduce energy cost per unit output - not simply to reduce energy usage.

If you can produce your product, or move your shipment, or process your material with lower direct costs, profits increase. Energy analytics provides the ability to analyze energy costs historically, and in real-time, and in the context of your business and your tariff.

reducing energy cost with predictenergy

PredictEnergy™ integrates all three legs of the energy analytics stool: energy and power, tariff schedule, and production.  HelioPower's energy analytics software platform and process allows you to determine direct energy costs and define them in the context of cost of goods sold (COGS) rather than an overhead expense.  This enables energy cost improvements to scale with your business and adapt to your work rules and operations.

Reducing Energy Cost with PredictEnergy™

PredictEnergy™ makes it easy to analyze your energy cost.  Selecting the "Convert to Cost" button takes your energy and demand and displays them in terms of cost (dollar-denominated) as a function of your tariff rate schedule.