Why pay more when you can pay less? Whatever Industrial sector your business may belong, whether the manufacturing or the service industry; maintaining energy efficiency should never be overlooked.
With ever-mounting up expenses, maintaining energy efficiency could be a great way to curb expenses and improve profitability.
What is energy efficiency?
In reality, efficiency is achieving a certain desired result with the least waste of resources. It goes without saying that, a method is not efficient if there is another method that could achieve the same result with a lower employment of resources.
Thus, energy efficiency is using the least energy to derive the same outcome. A great example is the light bulb. The fluorescent light bulb requires lesser energy to provide lightening in comparison to the incandescent light bulb which requires a higher energy to derive the same outcome of lightning. Hence, to use the incandescent light bulb for lightning would be energy inefficient and a waste of resources because there is another method that provides the same service at a lower cost.
Why is energy efficiency important?
You may ask; why is saving energy important to my business? What are the benefits? Do I really need to maintain energy efficiency?
Not to worry we’d go through the benefits real quick:
It increases profitability
Findings show that businesses could increase profitability by 2% – 10% a year. Every time you save energy, you save money. Electricity costs are an integral part of running your business. So, when you save energy you reduce business operating costs, thereby, increasing profitability.
Saving energy may involve you purchasing energy-saving appliances, but in the end, it would reduce costs drastically.
It promotes productivity
If your business is energy efficient, it implies you are doing more with less which implies productivity. In fact productivity in another word is efficiency; so once your business is energy efficient, your business is productive.
It cuts cost
It is possible to cut the energy costs of your business by at least 20%. You can cut about 10% energy costs at no upfront charge. It is also reported that energy saving programmes have helped to cut energy cost by a third. Hence, saving energy is a great way to cut costs.
How can you maintain energy efficiency in your industry?
Energy efficiency assessment
Without an energy efficiency assessment, it would be difficult to ascertain the most effective actions to take to reduce energy consumption. An energy efficiency assessment would measure your current energy consumption and greenhouse gas emission. This would go a long way in determining the most effective measures to take in order to maintain energy efficiency.
Routine equipment maintenance
A well-maintained equipment is more energy efficient in comparison to an equipment that isn’t well maintained. Well maintained equipment like heaters, boilers, air conditioners, Ovens etc. Run efficiently. Make sure the equipment you use is properly maintained on a routine basis.
Get your workers on board
Without getting your workers on board, your energy efficiency efforts may prove futile, ineffective and may not be maintained. Therefore, it is important to get them on board and ensure you imbibe an energy-saving culture in them. Create an energy efficient work culture in your business.
Opt for energy saving equipment
From light bulbs to Pcs; make sure you always purchase equipment with energy saving capabilities.
Switch-off equipment that is not in use
Although this sounds very straightforward, you could save a great percentage of energy by switching off appliances and equipment that are not in use. For example, a single computer on for 24 hours could accumulate to $200 a year.
Running an energy efficient business would cut cost, increase productivity and profitability. You can always pay less to get more, that is what efficiency is all about. So, choose to pay less by maintaining energy efficiency in your industry.