WHAT IS AN ENERGY EFFICIENCY ASSESSMENT?
An energy efficiency assessment is designed to review your business’s energy usage and provide strategies to improve efficiency. It could end up saving your business money, boosting productivity in your workplace, and offering you opportunities for innovation. While you can conduct your own assessment, you could alternatively have an expert with relevant skills carry one out on your behalf.
1. Reduce Electricity Costs
Reducing your electricity costs and, in turn, your business overheads is the most obvious justification for an energy efficiency assessment. By cutting expenses, you could improve margins and profitability. Your energy efficiency assessment can reveal how your business is currently consuming energy. It achieves this by breaking down consumption to individual pieces of equipment, as well as exploring workplace design and employee behavior.
The assessment can provide you with specific strategies for significant savings on your electricity bill. For example, building design and layout, including planting trees for shade and using skylight windows, can reduce cooling and lighting costs. Installing programmable thermostats, upgrading to an energy-efficient or solar hot water heater, switching to LED light bulbs, and using motion-sensor light switches can also help your business save.
Maintaining office and plant equipment properly and encouraging employees to develop energy-saving habits are other possible suggestions that could result from an energy efficiency assessment. An experienced electrician could offer other strategies, like identifying and eliminating phantom electrical loads (the electricity consumed by electronics and appliances, like clocks and microwaves, while they’re not in use).
2. Improve Employee Productivity
Clean, efficient buildings can boost staff productivity. With the insights and improvement strategies from your energy efficiency assessment, you can create a cleaner and healthier working space to support higher productivity in your employees. For example, smarter, more responsive, and energy efficient temperature regulation can keep workers at an optimal temperature, which can improve concentration.
Similarly, a clean, green approach to maintaining high indoor air quality can positively impact employee productivity. Indoor workspaces with high circulation rates (more outdoor air brought in), lower sources of volatile organic compounds, and lower carbon dioxide rates are associated with workers who demonstrate better decision-making abilities. At a general level, healthier workplaces could mean happier employees, who tend to be more engaged and productive than unhappy employees.
3. Reduce Impact On Environment
An energy efficiency assessment provides valuable insights for creating an environmentally friendly business. In turn, this can allow your business to dramatically reduce its impact on the environment and preserve natural resources. Simple changes like using solar hot water systems minimize your gas or electricity bill. Bigger changes like installing solar panels can also cut your electricity bill and provide your business with green credentials, boosting reputation and brand appeal.
Consumers are often environmentally conscious and may prefer to buy from businesses with environmentally friendly practices. Finally, your energy efficiency assessment can make your business more sustainable and less dependent on natural resources and costs that might rise due to climate change.
4. Increase Market Value of Buildings
One of the outcomes of a professional energy efficiency assessment is that the recommendations can increase the market value of your office building. If your business owns the premises, you could obtain a higher market value if you decide to sell. If you choose to lease it out, you’ll likely be able to command higher rental yields and experience lower vacancy rates. This could be because your tenants will have lower operating costs, with associated benefits like sustainability credentials, sustainability, better quality workspaces, and higher team productivity as well.