Addressing the Three Drivers of Energy Spend
Energy is a major operating expense for most organizations, yet few energy managers have the tools they need to understand exactly what is driving their monthly energy spend, prioritize energy efficiency investments, and take the actions that will yield the highest returns.
Effective energy management starts with visibility into the three cost drivers:
- How you buy it: Buying energy isn’t as simple as paying a monthly bill. Did you get the best price per kWh or BTU? Are you exposed to market risk? Is your utility bill even accurate?
- How much you use: The cheapest kilowatt hour is the one you don’t use. Do you know where most waste is occurring? Do you know where to even start looking?
- When you use it: Not every kilowatt is created equal. Depending on how your tariff is structured, peak demand charges could account for up to 30 percent of your bill. Do you have the visibility you need to know when these charges are incurred and strategies for how to avoid them? Do you have the operational flexibility to turn your willingness to use less into a revenue stream?
Industrial/Manufacturing Customer Spotlight
Gary Groner, Director of Global Energy for Johns Manvillediscusses
their national DR footprint.
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EnerNOC’s Energy Intelligence Software applications – SupplySMART™, EfficiencySMART™, and DemandSMART™ – address each of these key points of leverage and align an organization around a more informed energy management strategy with powerful analytics, decision-making tools, reports, and dashboards to ensure that you are achieving savings and driving operational excellence at your facility.