Source: Energy Manager Today.com By Tom Hulsebosch & Jeff Smith
Accomplishing an energy overhaul for any business may initially seem daunting. An organizational energy transformation requires multiple skills to gather data, determine the goals and objectives, model the costs and benefits of potential solutions and, finally, select the energy projects that align with the overarching vision. Nonetheless, for large commercial, industrial, or institutional entities, the potential for lowering expenses, achieving sustainability objectives, and optimizing energy benefits warrants a methodical approach to link planned actions with the energy transformation goals.
According to a Japanese proverb, “Vision without action is a daydream. Action without vision is a nightmare.” When it comes to energy planning, a master energy roadmap can be the bridge that connects an organization’s energy transformation objectives to optimal energy investments and sequence of activities.
Luckily, the right mix and sequencing of existing technologies, the use of utility advanced rates that offer low cost off-peak electricity, and business process improvements can profoundly help organizations deliver meaningful and cost-effective energy solutions. There are numerous new technologies on the market aimed at improving energy efficiency, many with associated state and/or federal incentives. The cost for on-site electricity generation has plummeted over the last several years, both for renewable technologies and technologies that take advantage of low natural gas prices. Electric utilities are offering advanced “smart” meters and pricing tariffs for customers to understand and save money by lowering their energy usage during peak times. The right mix of technologies and utility advanced rates allows businesses to manage their energy usage and onsite generation, which both optimizes their financial ROI and helps the environment. With a detailed energy roadmap and a group of committed stakeholders, any organization can accomplish their energy sustainability goals.
Here are four steps to a successful energy transformation:
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