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How Financial Institutions Benefit From Having An Energy Management System

The finance sector uses a LOT of energy to run their offices effectively. With energy consumption being a hot topic at the moment in the world of business, it is essential that techniques to monitor energy use are in place- introducing the energy management system (EMS). We have previously spoken about what it is (click the link if you missed that blog), therefore it is time to address how it benefits your business! Keep reading to find out.


Smarter budgeting


The process of gathering energy data means you can better manage your business goals as you now have measurable and justifiable targets. It can be hard to outline and measure business objective success without data to prove whether you are on track or completely off target, accurate data provides proof for the business to utilise accordingly. One way to use this data is to be more strategic in your energy use, therefore produce accurate and smarter budgeting techniques that will allow the company to flourish as more money can be used elsewhere.


Can clearly see the ROI


An energy management system is implemented to save energy, in turn saving money. The main focus is to be cost saving, therefore it is incredibly easy to see your return on investment as it controls energy use during peak times as well as times where energy is not required. With ROI being a necessary part of business justification, it is essential every method that produces a return on investment is used to its full potential.


Save energy and money


Perhaps the two biggest benefits received from implementing an energy management system is that you reduce the amount of energy used (positioning yourself as an environmentally aware business) as well as saving money, this can lead to more and better business decisions. With both being vital to the success of a business in a saturated environment, an EMS could be the difference between a successful and failing company.


Continuous testing


You can regularly conduct tests on new ways the building can save energy. You may set a goal to reduce energy use by 15% on a day-to-day basis, by looking at data you may see that your lifts are using a LOT of energy. Because of this, you may introduce a rule that between 10am-11am stairs are to be used instead of the lift if able. Over a period of time, you will be able to see whether this test was successful or not, from here the system can highlight more areas that savings can be made. Regardless of how long you have had the system, the data can always provide suggestions on how tests can be implemented into the business schedule.


Create alerts to keep savings on track


The savings to be had from having an EMS are not a one time or short-term fix, an EMS is for the long term. Sometimes it can be hard to maintain a high level of savings, therefore the system is continuously finding ways to be as efficient as possible, letting you know when changes need to be made in order to keep saving energy. These alerts keep you on track and focused on the goal of being as energy efficient as possible in the hectic workplace.


Here at WINNS Services, we pride ourselves on exceeding expectations and working with clients to offer the best solution to their queries. If you have any questions regarding our energy management systems or would like a quote, please do not hesitate to call us on 01702 719100 or email us at info@winnsservices.co.uk

 

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Written by WINNS Services