Two Questions And Answers About Energy Benchmarking Business Owners Should Know

17 February 2017
 Categories: , Blog

The energy usage of your business can represent one of the largest expenses for your enterprise. However, many business owners simply assume that there is little that can be done to reduce the amount of electricity that their enterprise is using. Energy benchmarking is designed to help business owners determine the steps that they can use to improve the energy consumption habits of their company.

Why Should Your Business Invest Resources In Energy Benchmarking?

When a business is using energy benchmarking, the amount of energy being used will be closely monitored and tracked for each month. This will allow you to see the overall trends for your business's energy usage during the various seasons of the year. To help you identify areas where you can boost your business's energy efficiency, you will be provided with a detailed report that outlines the largest users of electricity for your business.

While these benchmarking reports can provide invaluable insight when looking for ways to improve your business's energy performance, you may assume that there will be steep costs associated with employing this strategy. Yet, many local utility companies will offer these audits to their customers for nominal fees.

What Is Involved In Monitoring Your Business's Energy Usage?

In order to accurately measure the business's energy usage, it will be necessary for sensors to be installed in all of the electrical outlets in the building. Additionally, these sensors will need to be connected to a monitoring service so that the data can be recorded. To do this, you may want to configure one of your business's computers to store this information. However, if you do not have a spare computer that can perform this task, there are cloud-based storage solutions that can manage this data for you. While you may be tempted to install these sensors without help, this may pose the risk of you or an employee suffering serious electrical injuries. To avoid the physical hazards and legal liabilities that can accompany this task, you should allow professional technicians to install these devices.

Knowing the ways that your business utilizes energy is important to managing this sizable expense. Without the information that is provided by benchmarking reports, it would be all but impossible to effectively reduce energy expenses. Once you understand the benefits these reports will provide as well as the steps for installing these systems, you can create a plan for incorporating this source of information into your decision-making process.