While we know it’s far from the last thing on your mind, your energy management plan might not be the first. On a day-to-day basis you’re concerned with a host of competing interests, from meeting production quotas to safety and regulatory compliance. Herein lies the problem: what many managers don’t realize is how important energy consumption is to a plant’s bottom line. By prioritizing energy management, which starts with understanding how the three cost drivers of energy – how you buy it, how much you use, and when you use it – affect your business, you can take the appropriate action to reduce your energy usage while maintaining smooth, profitable business operations.
Here are four reasons you should prioritize energy management, starting today.