Most of our customers spend hundreds-of-thousands – if not millions – on their energy usage every year. Energy is among the biggest cost categories for companies—along with people, product costs, and equipment—but it’s often the one category that’s not tracked and managed carefully. Without a solid Energy Demand Management strategy, you’re likely leaving huge savings on the table and missing an opportunity to reduce risk and maximize overall revenue.
CFOs and financial leaders are taking notice of this opportunity to create more value for their facilities and are moving towards developing a holistic approach to reducing their energy costs and improving facility operations. However, many companies lack good systems for accessing energy and operational data quickly or in a form that provides actionable information.
The right Demand Management solutions let you:
Take Control of Surging Energy Costs
Energy and production data provides a lot of information about how your business uses electricity. However, taking this knowledge a step further provides critical information that can help you make decisions on how to manage your investment through energy Demand Management (or shedding energy load during times of high demand from the grid).
The Electric Reliability Council of Texas (ERCOT) reported having a record-breaking peak electric demand on Sunday, June 12, 2022, of 74,917 megawatts, breaking the previous all-time peak of 74,820 MW that occurred on Thursday, August 22, 2019. The demand for more power – in large part from extreme heat and weather conditions – results in huge price spikes for businesses. These price spikes can wreck your bottom-line.
Energy Demand Management offers several options to control your total electricity costs, generate revenue, support grid flexibility, and enable your sustainability goals.
Ndustrial has a portfolio of Demand Management solutions to help you manage your load:
Ready to Get Started
Sometimes the biggest hurdle to begin saving is recognizing that energy is not a fixed cost that can’t be managed! There are significant costs at stake and developing a Demand Management plan to reduce your energy costs is a great place to begin.
If you’re ready to avoid price spikes, coincident peak charges, and demand charges, we’d love to connect. You can also learn more about Ndustrial’s capabilities here.