Energy management refers to saving energy by monitoring and controlling energy in businesses, public and government organizations, and homes. This process is key to saving energy, and therefore money, in your organization. Without an efficient energy management system, the future of your company is at stake. It is essential to control and reduce the amount of energy that your organization uses for a reduced cost, risk, and carbon emissions. If you fail to implement a proper energy management strategy, you can experience a loss in functionality, a sudden increase in energy price, power outages, or lack of energy supply.
An efficient energy management system will help you save energy and monitor your progress in energy
consumption management. Here are some reasons why your business needs an energy
management system:
1.
Understand your power factor
- Your power factor helps you understand how much power
you’re using to do productive work. If you have a low power factor, it means
that your utility company has to generate more power than required. If you
implement an energy management system, you can identify a low power factor and
take the necessary steps to improve it.
2. Improve your business model - By having an energy management system, you will lower your operating cost and eliminate wastage. You’ll also save a lot of utility bills and see savings across the board.
3.
Information is power - An
energy management system will equip you with invaluable data. This way, you’ll
also be able to determine which business operations use the most energy.
4.
Identify room for improvement
- By correctly identifying inefficiencies, you can target
them appropriately and eliminate risks, ensuring the best outcomes across your
energy portfolio. Tracking your progress will also help you improve the profit
margin. You can reduce and manage your operating cost with the help of an
efficient energy management system.
5. Ease of control - With
the help of an efficient energy management system, you will be able to control
your systems from any location or device. This means that you don’t have to be
present in the office to be in control.
6.
More productive staff -
Employees who work in energy-efficient environments are often more efficient.
Proper lighting and temperature conditions have a significant impact on
employees’ productivity. If you’re feeling too hot or too cold, you will not be
as productive as you may be if you’re feeling comfortable.
Electro Industries is a company that is a leading power metering and cloud energy management provider with a lot of its products scattered worldwide. It provides energy management for data centers and has thousands of power meters installed worldwide.