Curious about reducing or monitoring your energy usage? Remember, if you're not measuring it, you can't manage it. Energy management allows for efficient monitoring of your energy consumption, helping you cut costs across your company. Here are 5 benefits that an energy management system will bring to your business.Energy management systems are increasingly found not only in businesses but also in municipal and city management. They provide easy and quick access to energy data, which would otherwise take weeks or months for these organizations to gather. But fast data access is just one of the many advantages of implementing energy management. What are the others?
A major benefit of energy management is the ability to fully digitalize your energy systems. Energy management systems use smart sensors placed on meters for water, electricity, gas, and other utilities. These sensors send consumption data to an app at regular intervals. With this technology, you'll have all data about suppliers, consumption, invoices, consumption points, and penalties in one system.
Digitalizing your company's energy will not only consolidate data but also eliminate chaotic spreadsheets and reduce human error. This results in higher quality information for making decisions. Plus, you and your employees won’t waste time manually checking energy meters and transferring data to spreadsheets.
Another advantage is that energy management helps identify and eliminate areas of unnecessary energy waste. This enables you to implement cost-saving measures, reducing your energy expenses.
You might think you can invest in cost-saving measures without energy management—and you're right. However, without it, your investments might not yield the savings you expect, or you might overlook the most costly areas. Regular measurement and data analysis allow you to implement informed, data-backed cost-saving measures.
If you find that certain equipment or processes are using more energy than necessary, you can optimize or replace them with more energy-efficient technologies. This ensures you always choose the best investment options for economically efficient energy management in your company.
Energy management also allows you to monitor energy supply stability. If an unusual situation arises, it promptly alerts you, enabling you to address potential outages, minimize production disruption risks, and maintain operational continuity.
Smart energy management also helps ensure compliance with all energy regulations and standards. It's common for companies to mismanage their reserved capacity with energy suppliers, leading to hefty fines or penalties for non-compliance. Implementing an energy management system can easily prevent such costly issues by alerting you to these situations.
Monitoring and analyzing your energy consumption also helps identify areas with high emission outputs. You can then implement measures to reduce these emissions, contributing to environmental protection.
For instance, if you discover that your boiler consumes a lot of energy and emits excessive greenhouse gases, you might consider investing in a new model. You can also calculate the efficiency of adopting renewable energy sources, optimizing heating, cooling, and other measures to reduce your emissions.
Finally, an energy management system allows you to generate reports needed for corporate goals, green bonds, subsidies, ESG agendas, or project financing with just a few clicks. This way, you’ll have insights into costs and emissions not only for the entire company but also by specific consumption points or suppliers, ensuring effective energy and sustainability management through one tool.
And even more you can focus on your workflow automation by generating your reports just by one click in the energy management software.
Years ago, we searched for an application to measure and analyze energy consumption and carbon footprint data. None met our expectations. So, we leveraged our comprehensive energy expertise to create the Enmon software, now available to you.
Enmon is an effective tool for sustainability management and its optimization. It not only measures and tracks energy consumption but also monitors your carbon footprint, helping you maintain your sustainability strategy, ESG, and non-financial reporting goals.