Posted by Salvatore Ritorto on Mar 26, 2015
As you begin your journey towards controlling commercial energy costs, it’s important not to dive right into big, expensive projects without understanding the unique needs of your business and commercial building.
Simply put: Just because a device saves energy doesn’t mean it’s necessarily a good investment for your building.
Ultimately, developing a personalized plan for customized energy solutions is going to lend you the best results, both for your utility bill and your business’s bottom line.
Your customized energy solutions should fit your long-term business goals as well as where you stand within the marketplace in the short-term. Determining each element of your energy needs in contrast to both short- and long-term business goals requires a thorough energy assessment. The right energy assessment has the power to reduce your energy consumption by 10-40 percent.
An energy assessment should investigate and quantify utility bill savings potential in:
- Lighting systems
- HVAC systems and controls
- Compressed air systems
- Renewable energy applications
- Electric motors and drives
- Process systems
- Steam systems
- Heat recovery
- Building envelope upgrades
- Switching utility providers or rates
That’s why it’s important to partner with an energy expert who understands how to break down your utility bill and analyze your commercial building to provide transparent explanations and guidance.
The expert should visit your facility and, depending on the type of assessment, he or she may take measurements of temperatures, pressures, light levels, and power draw among other things.
After the audit process, your energy expert generates an audit report that gives you a game plan for reducing your energy consumption and costs.
An energy assessment report determines at least the following four factors:
- Measures of energy efficiency
- Total savings per year
- Project cost
- Simple payback (in years)
For example, if an energy assessment shows you that retrofitting your building’s exterior lighting saves you $8,000 per year, but the project cost is $38,000, you then know it will take 4.8 years to see the payback on your investment.
Some energy efficiency measures may take decades before you see a return on your investment, while others start paying for themselves almost immediately.
Weighing investment costs versus other energy efficiency measures in your energy assessment allows you to effectively allocate resources for these projects in both the short- and long-term. Energy assessments (or audits, as they are sometimes called) are the only way to truly personalize your customized energy solutions.
Ready to learn more about the most effective way to flatten your commercial energy costs? Call 609-561-9000 or click here to speak with an Energy Advocate at South Jersey Energy.
Topics: customized energy solutions