According to a report by the U.S. EPA the cost of energy for the typical commercial building is the single largest operating expense. In the same report it was noted that 30% of the energy is wasted or being used inefficiently. Reducing wasted energy provides a significant opportunity to increase profitability.
There are several key factors that determine the amount of wasted energy that can be eliminated in a businesses operation. Businesses that require large amounts of energy can realize some of the greatest energy savings. A business in operation for long hours will typically have many options for reducing energy use. Older buildings and equipment will often have outdated, energy wasting components that an efficiency upgrade can improve dramatically.
In order to eliminate wasted energy a comprehensive review of the energy being used is vital. An evaluation of all the energy components of a business or building allows stakeholders to achieve the optimum energy savings at a cost that reflects the greatest value.