Effective Energy Management

Abstract

The process of managing energy is not new. Energy should be regarded as a business cost similar to other costs like raw material and labour. The efforts required to manage energy effectively will vary between companies and depend on the company size, energy costs and energy intensity. Energy costs are expressed as a percentage of total company costs. It is not unreasonable for a company, starting out in energy management, to achieve a reduction of 20% or more in their energy bills with just a few simple measures and close monitoring. Hence, it is imperative to incorporate a structured energy management system in an organization.