1660240840296 49d546d6742f4b379cc447357fce1efb

How to turn energy efficiency into profit

Jan. 26, 2016
American facilities have found a potential new source of profit margin by becoming more efficient by cutting their monthly energy bills.

The owners of an average small- to mid-sized industrial facility could save 10%  on their power bill and $42,000 annually by auditing energy use and implementing recommendations to upgrade equipment and change operations, according to data from a U.S. Department of Energy program.

University professors and students in 24 locations across the United States are involved in the Industrial Assessments Centers (IACs). Data from those centers, the results of more than 16,000 on-site industrial assessments, suggest such significant savings, or even greater, are possible depending on the type of manufacturing facility.

For years, industrial and commercial facilities viewed their electrical utility bill as the cost of doing business. Then, those energy costs began to spike as fossil fuel costs rose to unprecedented heights – more than $100 per barrel in the case of oil.  Concurrently, energy efficiency technology innovations that deliver energy savings with no sacrifice in performance (and sometimes improves in product quality, production rate, safety, etc.) accelerated in development.

To learn more about energy, read “Energy audits, upgrades can boost profits at industrial facilities” from Control.

Sponsored Recommendations

Arc Flash Prevention: What You Need to Know

March 28, 2024
Download to learn: how an arc flash forms and common causes, safety recommendations to help prevent arc flash exposure (including the use of lockout tagout and energy isolating...

Reduce engineering time by 50%

March 28, 2024
Learn how smart value chain applications are made possible by moving from manually-intensive CAD-based drafting packages to modern CAE software.

Filter Monitoring with Rittal's Blue e Air Conditioner

March 28, 2024
Steve Sullivan, Training Supervisor for Rittal North America, provides an overview of the filter monitoring capabilities of the Blue e line of industrial air conditioners.

Limitations of MERV Ratings for Dust Collector Filters

Feb. 23, 2024
It can be complicated and confusing to select the safest and most efficient dust collector filters for your facility. For the HVAC industry, MERV ratings are king. But MERV ratings...