It is not just what you are paying for energy, but how you use it that can cost you in the end.
The savings can be surprising!
The fastest way to savings is though efficiency. The reduction in energy consumption, demand charges and heat generation from older equipment is costing you.
The goal of supply side energy management is to organize this complexity. While demand side energy management focuses on saving energy, supply side management involves choosing energy resources and then orchestrating them in the most cost-effective configuration for your operation.
When coordinating the energy resources available to your business, timing is a critical consideration. Energy prices change almost constantly and will largely determine which mix of energy resources you should use at any given time.
As an energy manager, you may not realize that you can turn your facilities into "virtual power plants” by cutting back on energy usage. You can save money, reduce air pollution, cut your facility's carbon footprint—and even earn revenue from energy providers.
You can do all this through demand side energy management—strategies that cut back on how much energy your facility needs.