Advantages of an Industrial Energy Audit

An energy audit is undertaken to identify where and how a facility can reduce its energy consumption as well as save money on utilities. The obvious advantage of an energy audit is saving money on utilities which is the biggest expenditure for a plant. Implementing suggestions from the audit may make your plant eligible for SCE programs and rebates therefore saving even more money. There are additional advantages of conducting this type of audit.

Competitive Advantage

There is an opportunity to make significant savings over the long-term by implementing the best recommendations from the audit. This money can be re-directed to other crucial areas thus offering the plant a competitive advantage in the market place. Instituting innovative changes and improvements also creates an environment where creative and competitive ideas are welcomed. This innovative mind-set in turn benefits the organization in the long-term.

More Public Tender Opportunities

Public tender contracts are notoriously difficult to acquire. Implementing energy efficiency and sustainable practice may be the advantage you need to beat the competition. Government agency prefers industries and organizations that prioritize on energy efficiency. Your organization may be missing out on many lucrative public tender opportunities by refusing to initiate an energy audit and implementing sustainability and efficiency programs.

Financial Advantages

Implementing energy efficiency programs may mean eligibility for Edison rebates, tax breaks and other financial advantages. Energy supplies and government agencies are also happy to help organizations attempting to reduce energy consumption and wastage through a variety of programs and incentives. An audit focused on finding opportunities to qualify for these programs, rebates and incentives mean saving even more money in addition to lower energy bills.

Become a More Attractive Investment

Developing and implementing sustainability and efficiency programs makes your business more attractive to shareholders and investors. Implementing audit recommendations shows good leadership and willingness to adapt to newer and better policies and procedures. This improved business image can have far reaching positive effects on the market place and with interactions with customers and other industry players.

Good Corporate Citizen

An energy audit may be the first step to becoming a better corporate citizen. Businesses and organizations have a role to play in the larger community and a business that institutes sustainable and efficiency programs are fulfilling this role. Governments around the world are also beginning to penalize organizations that abdicate this responsibility while rewarding those who take this responsibility seriously. More and more organizations are beginning to take industrial energy efficiency seriously to fulfil their obligations to the communities they engage with.

It is important that you hire a professional and accredited auditor. Saving money on the auditing is not a good long-term strategy. Rather, it is better to spend on a comprehensive audit and implement recommendations that will help you save money over the long-term.

If any of your customers are included with human services, you know how exceedingly controlled the field is.