- You want to save money.
- You want to be good corporate citizens.
- You want to look good to your boss.
- You think you can reduce your carbon footprint.
Keep reading to find out why this might not be the best time for an energy efficiency audit, and how you avoid wasting time and resources while still keeping your company’s energy use top of mind.
There are a lot of good reasons to consider an energy efficiency audit. But even with the best of intentions, it doesn’t always make sense to jump into this kind of analysis.
You Don’t Have the Right Information
An energy audit is much more involved than having an auditor show up at your building and start assessing what type of light bulbs you use. To be most effective, you will need to provide a substantial amount of information to the auditor about your company’s energy use, utility bills, and other details. If you do not have the right information easily available, you can end up spending a significant amount of time just trying to prepare for the audit, and you may be charged for the hours it takes the auditor to untangle what you do have.
You Don’t Know the Right Auditor
Not all energy audit companies or auditors themselves are equal. For instance, commercial energy audit companies who conduct energy audits on retail buildings may be ill equipped to tell you how your factory is doing. If you don’t have the right contacts to get a clear and accurate picture of your company’s energy efficiency, it might not be the right time to schedule an audit.
It’s Not in Your Budget
When done properly, an energy efficiency audit can save you money in the long run by showing you what changes you can make to operate at maximum efficiency. But before you start saving, you have to pay for the audit itself. Depending on the size of your facility, this type of audit can end up costing between $10,000 and $50,000. Understandably, this is not an expenditure that every company has in its annual budget, meaning the audit must be planned well in advance in order to meet those expenses.
It’s Your Only Plan
If an energy efficiency audit is your only plan to gain meaningful insight on your company’s energy usage, you could be doing yourself a disservice. An energy audit is just one step in developing a strategic energy management plan. Indeed, when you engage with a company like Correlate, an energy audit will be one of the earliest steps in developing a holistic strategic energy management plan. And not only will that audit be complimentary, it will be a part of a much larger plan to ensure that you are making the right energy choices going forward.
You Don’t Have the Resources to Follow Up
An energy efficiency audit will identify how you can buy and use energy more efficiently. But putting the changes required into action is completely separate from the audit itself. If you are not prepared to follow up your audit with actual changes, you are wasting your time and money by going through with the audit in the first place.
An energy efficiency audit can certainly be a valuable tool in uncovering where your deficiencies lie, where you can save, and what changes you can start to make to meet your strategic energy goals. However, it is important to go into the process with your eyes open and make sure that by paying for the audit you are actually making a choice that will help you towards your goals rather than hinder you.
Contact Correlate to learn how you can get the same information you would get from an energy efficiency audit, and a concrete plan to follow up on that information, with no upfront costs.