How to take control of your energy costs
Energy efficiency may not be your bread and butter in the food and drink industry and why should it be?
But spiralling energy costs brought about by a range of geo-political factors in 2018 make it a topic that is never far from the top of the agenda.
As the fourth highest industrial energy user in the UK, according to a report by the Carbon Trust, businesses in the food and drink industry are increasingly recognising the need to lower their energy bills, hedge against future volatility and adopt measures that help them comply with green energy leglislation.
With analyst forecasts suggesting that Decarbonisation and other government social policies will account for the majority share of energy bills in the near future, compliance and energy efficiency will soon be of equal importance to procurement. The phrase ‘the cheapest unit of energy is the one you never use’ is well-liked at Energy Management LLP and for good reason.
For many organisations time poverty means that managing the work required to reduce their energy consumption is an undesirable distraction from their core business activities. To further compound this, there may also be a lack of energy expertise and distinct skills gap creating barriers to finding savings and implementing reduction initiatives. This is where an expert reputable energy management consultancy can step in to remove these barriers and ease the way forward to effective reductions.
Energy efficiency may mean different things to many of us, for Energy Management LLP it means reducing energy consumption without compromising business throughput, output or thermal comfort and wellbeing of staff.
Energy drivers can be defined under one of the three core areas responsible for consumption; People, Process or Technology.
• People – Human influences.
• Process – Policies, procedures, protocols and regimes.
• Technology – Energy consuming plant, machinery and equipment and their associated controls.
Energy Management LLP has the expertise to identify, qualify and quantify the opportunities in all three core areas.
Invoice validation is also an area which can help reduce costs, did you know that one in five utility bills are wrong? Discrepancies can occur on energy invoices, as they can on any type of bill, and, more often than not, such errors go unnoticed or unchallenged. Just like a customer of a restaurant wouldn’t leave without checking the bill was correct the same applies to your energy bill, this is when professional invoice validation can prove helpful, with the potential of saving you hundreds, if not thousands, of pounds.
Procurement of Energy is also an important factor to help you reduce your costs when choosing a supplier.
Simply by following “The five R’s”
• Right price
• Right time
• Right type of contract
• Right terms and conditions
• Right duration of contract
Out-sourcing your energy management may seem like a big step but, with energy costs higher now than they have been for the past two years, we believe understanding and controlling these costs are vital to your business’s future success.
To continue making energy savings, businesses need to have a clear visibility of their energy consumption across the whole asset base thus leading to the ability to act. Bespoke energy management portals such as Energy Management’s EM-Powered allow this to happen, whether your business operates on one site or across multiple locations.
As the name suggests, the portal empowers energy managers to compile an instant overview of their organisation’s actual energy consumption, predicted energy consumption and peak loads in an easily downloadable report.
On gaining a complete understanding of your business’s energy performance, informed decisions can then be made on energy efficiency measures.
So, whilst energy efficiency might not be your bread and butter there are many things as a business you can do towards following a path of becoming more in control of your energy usage and being more efficient. With such a wide array of benefits on offer, beginning even a small review of your business is anything but a waste of energy.