Control Costs & Plan For Saving Energy Through An Energy Audit
Energy savings realized through energy audits are as good as increased profit / income
Energy costs are becoming more and more significant in our operating costs, starting from our homes and extending to our businesses. The Ontario Ministry of Energy is forecasting annual increases in electricity costs of 3.5% over the next 20 years (see their link at the bottom of this article). Natural gas has been a cheaper alternative but given rising demand, diminishing supplies and the cost of harvesting new supplies, it can only be estimated that it is going be more expensive in the coming years. The cost of water is also on the rise.
Subsidies being offered are short term solutions and given the current economic climates, are bound to be reduced or eliminated.
One of the best long term solutions for dealing with these concerns is to reduce our consumption. When evaluating efficiency there are no alternatives with better payback than “Reduction”. In order to reduce our consumption of energy, it is wise to plan. A well created plan needs to:
- Account our unique energy use scenarios
- Provide alternatives for reducing consumption
- Evaluate these alternatives based on financial and other merits
- Help you understand and implement these alternatives
Energy audits help you plan by understanding your alternatives
Energy audits are fundamental in planning energy use reduction. Often we come across cases where clients have been investing in equipment to reduce energy use without understanding the overall picture or other more attractive options. Investments decisions in retrofits and upgrades should be prioritized based on factors such as rate of return and equipment life. Energy audits are excellent solutions for understanding options and planning your future improvements. The costs and payback associated to energy audits are very attractive given the long term energy expenses.
Take advantage of the current incentives and grants energy audits (up to 50%) and retrofits. For more information contact us at info@ensmartsolutions.com, (416) 887-8371 or online using our contact form.
Link to Ontario Ministry of Energy’s “Ontario’s Long-Term Energy Plan”: http://www.energy.gov.on.ca/docs/en/electricitypriceschanging.html