Why every company should monitor it’s energy consumption

There’s a reason why you do business, and that is to make profits.  As the saying goes, “a penny saved is a penny earned,” it goes without saying that a very important way of making profits is cutting down on your overheads or costs.  This is where monitoring and optimising energy consumption comes in.

Energy is the single most important attribute for everyone in the world –  regardless of whether you’re into manufacturing, IT, communications, or any other line of business.  However, despite such a huge demand for energy, its supply is limited, and if we do not optimise our use and continue to burden the supply ever more, we can end up facing seriously steep prices for the same commodity that we seem to take for granted at the moment.

Another aspect to consider for most businesses is that most developed nations in the world have become very aware of their carbon footprint these days.  More energy consumption means a higher carbon footprint, therefore, if you’re using a certain amount of energy, you better have good reasons for doing so.  Otherwise, not only would you be throwing away all the potential savings you could have made, but also adding a carbon tax component to your overall bills.  Of course, this can be avoided if you simply monitor your energy consumption and learn exactly where it is you’re spending most of your energy supply.

Now that we’ve seen the importance of trying to monitor energy consumption and optimizing it, let’s look at some of the ways in which you can do that.

Smart Meters

Or sometimes called electricity AMR meters,  these are truly revolutionary devices, and if until now you’ve been hiding behind the excuse that your old clunky meter never gives you an exact reading, you can’t do it anymore.  A smart meter can precisely calculate the energy consumption on your premises and provide you with a detailed report on your usage patterns. Using this information, you can easily figure out whether it’s possible for you to change your operating time to a slot when the energy supply is cheaper or identify wasted energy during non working hours.

Choosing a good supplier

This is obviously quite an important step. If you’re doing everything right and monitoring your energy usage daily to keep it under check, why not go a little further and see if there’s someone who can supply you the same energy at a lower cost?

Searching for energy leaks:

If you don’t need it, why waste it? Enlist professional help and ensure that no part of your precious energy supply that comes to your premises gets wasted simply due to a fault or a leak in your supply chain system.

These are some of the most important reasons for keeping an eye on your energy consumption and some basic ways of doing it.

Follow us on Twitter | Become a Fan on Facebook

Or you might want to subscribe for further updates direct from our site.

.

.

Related posts...

• June 14, 2010 -- Electricity Smart Meters: (4)
  Everyone who has ever had an electricity supply in their home or office knows what a traditional electricity meter is and what it does. You may have probably never even given much thought to what els...
• June 22, 2010 -- UK Business Energy Prices: (3)
  A new survey carried out by the Economist Intelligence Unit has revealed that over 80% of British firms expect energy and fuel prices to rise sharply and almost 50% have great concern that the UK coul...
• June 17, 2010 -- Smart Meter Information: (4)
  Smart meters were created to provide customers and energy suppliers with accurate information on the amount of electricity and gas being consumed. This new generation of meters provides customers with...
• July 7, 2010 -- 15-Million Pound Donation: (3)
  Last week British Gas announced an audacious scheme that will help the nation's schools meet their carbon reduction targets through the use of solar panels. For the first stage of the scheme British ...
• July 1, 2010 -- Commercial Smart Meter News: (6)
  Northampton based Intamac Systems (Intamac), which has developed a new "online smart meter" service that allows a remotely activated energy use management and control, has received a £4m investment fr...
• August 4, 2010 -- Ofgem Overhauling Regulation: (2)
  Ofgem is conducting a major overhaul in the UK's energy regulation, as part of its plans it will facilitate £32 billion of investment in low carbon networks and expand the low carbon innovation fund t...

1. [...] monitor it’s energy consumption In Uncategorized on July 19, 2010 at 7:53 am via catalyst-commercial.co.uk ▶ No Responses /* 0) { jQuery('#comments').show('', change_location()); [...]

   Pingback by Why every company should monitor it’s energy consumption « UK Energy Broker — July 19, 2010 @ 8:01 am

2. how to monitor your energy use…

   It is possible to capture gas and water in the same way as electricty. you can now buy a smart meter for these, and look to capture your total energy consumption all in one go. This will allow you to also work out your carbon footprint for your energy…

   Trackback by socialwebcms.com — July 22, 2010 @ 11:43 am

RSS feed for comments on this post. TrackBack URI

Name (required)

Mail (will not be published) (required)

Website

CAPTCHA Code *