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Energy Business Review | Tuesday, February 01, 2022
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With commitments to net-zero energy on the horizon, the push for energy efficiency may appear intimidating to business owners. However, there is a very straightforward and practical way to give a plethora of benefits to businesses: conducting energy audits.
FREMONT, CA: An energy audit is a great tool for reducing energy and operating expenses. To begin, each firm area is analyzed to get as much data as possible about the quantity of energy consumed. Lighting, heating, water usage, air conditioning, and electrical equipment are considered. Following that, businesses are given areas where energy use can be lowered.
The following are ways that doing routine energy audits might benefit businesses.
1. Decreased consumption: Not only do energy audits save money by finding areas of energy waste, but they also contribute to a more environmentally friendly business strategy. Firms may unnecessarily consume more energy than necessary without an audit, increasing their costs.
With natural resources depleting, companies must maximize their energy efficiency. Conserving energy benefits businesses immediately and benefits the environment in the long run.
2. Energy cost savings: When companies reduce their energy consumption, they will also see financial benefits. Energy efficiency can be as simple as upgrading to energy-efficient light bulbs or updating technology. Numerous unneeded energy expenses may go unreported due to various contributing variables.
A smart metering service can aid companies in gaining control of their costs. This allows them to analyze their usage, generate budgets, and set consumption goals. Taking a proactive approach to energy management enables companies to save time and money in the long run. Maintaining current equipment will result in more efficient operations in the future.
3. Carbon emission reductions: While businesses strive for a more sustainable future, they must reduce their reliance on energy harmful to the environment.
By upgrading to LED lighting, they are already making a significant improvement. Compared to a 40W incandescent bulb, a 13W LED bulb emits 68 percent less carbon dioxide.
4. Adherence to regulations: If large firms comply with the Energy Savings Scheme's (ESOS) standards, they may risk significant fines. Energy audits are mandatory in 2019 for all businesses that comply with the ESOS standards. Businesses should perform regular audits to ensure compliance with the scheme. Audits should include carbon and greenhouse gas reduction commitments, Display Energy Certificates (DECs), Energy Performance Certificates (EPCs), and ESOS installations to ensure complete transparency.
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