What do I risk by not doing an energy audit?
By deciding to not do an energy audit, a company effectively makes one of two decisions:
- To pay extra to energy company and receive no value in return, aka waste energy
- To pay extra to equipment vendors
All companies receive endless calls from vendors of various energy efficient machines – boilers, compressors, motors, VFDs. How shall plant manager decide on which project to choose? In what order? How will proposed project affect performance of other machines?
A complex independent audit helps answer all these questions. Risk has financial value, just ask your CFO.
How to make an energy audit free?
Some vendors offer a free energy audit. Why pay for a consulting service when a free option is here?
As a free lunch, a free energy audit is never free.
When vendor performs an audit, their interest is finding a way to justify procurement of their equipment. Asking vendor’s advice on procurement of their equipment is like asking a car dealer if it’s a good time to change your car. The answer is ‘now’.
An audit can be effectively free if you act on it.
In addition to a list of investment-based energy efficiency projects, a good energy audit produces a list of low/no cost recommendations to reduce energy cost. Typically, financial effect of implementing these recommendations exceeds audit fee and necessary investments. In our recent energy audit at manufacturing plant, a cumulative investment of $10K resulted in $84K of annual savings. Action was the key to making audit free.
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