Energy Cost Savings Should Be Digitized

Energy Cost Savings Should Be Digitized

Posted by Daniel Stouffer on March 13th, 2010

As energy is so important, no organization is able to make a profit of any kind unless it uses energy in one form or another to help it do so. There is little wonder that energy reflects so strongly within corporate costings and organizations look to save energy costs as much as possible.

Politicians and business leaders alike understand how important energy security is and how their respective organizations rely on adequate forward planning. Utility and energy costs are here to stay and thus energy cost savings must be realized at every opportunity, without compromise.

Energy management as a dynamic consideration will reflect on a company’s ability to become truly sustainable. It is unfortunate that we have learned to rely so much on the finite resources represented by fossil fuels. It is difficult to initiate an energy cost savings platform when we are so insecure in this respect and unfortunate that our alternative energy projects represent only a fraction of our needed capacity.

Over the past 10 years or so, the cost of energy has far outpaced inflation. Indeed, it is estimated that energy has increased by over 110% during the last decade and that this trend is increasing and accelerating as we speak. Energy cost savings must be realized by management teams through every tier of the organization and unless employees are charged with the responsibility of stamping out wastage, real progress is unsure.

There are two distinct areas of energy liability facing the company today. In the first case, the security of the energy supply chain is always reflected in the chargeable price. Secondly, an energy efficiency program must be created and implemented. These two areas represent the strength of the company’s environmental stewardship, not simply from a cost and security point of view, but also from a wish to be seen as being environmentally progressive from the public point of view.

Established companies have to look at energy from a historical perspective, even as they make plans for significant changes going forward. Energy cost savings can be far more easily recognized and realized when the organization has a “clean sheet of paper” with which to plan. New construction, for example, can be engineered in advance to take advantage of the latest energy cost-saving techniques, alternative fuels and “green building” architecture.

When an organization looks back, it is difficult to replace complex systems already in place and its energy cost savings programs almost always reflect a tendency to retrofit. Companies soon find out, however, that they may not just “tread water” in this respect and do nothing, as the public is very aware of the mantra of sustainability these days.

Energy cost savings can be easier to capture when using smart devices. As each asset may now be programmed through the use of real-time energy metering, best case scenarios can be targeted. From an accountability standpoint, digitized utility bills make for instant reconciliations.

Daniel Stouffer has a lot of data about energy cost savings and how a visit to www.verisae.com will benefit you.