Assess
What is Energy Consumption Costing You?
Alberta’s energy consumption is one of the highest in the world. Percentage-wise, Alberta industry accounts for almost half of the province’s energy use.
Estimates suggest that industrial energy consumption will continue to grow at 4% per year until 2017. If businesses are not prepared for an annual increase in their energy bills, improving their energy efficiency will be critical to their future competitiveness.
And your customers are facing challenges as well. Whether you are in the oil and gas industry or agriculture, your customers are looking at their supply chains to reduce their footprints. Are you ready?
A first step in reducing your energy consumption and costs is to acknowledge what you actually control when it comes to energy. You can’t control the price of energy, but you can manage energy use, either through energy efficiency or energy conservation.
Energy Efficiency
Energy efficiency encompasses your organization’s efforts, goals and policies regarding the use of energy to produce goods and services, generally with the intention of overall energy reduction. The implementation of energy efficiency might include the investment in new machinery and technology to decrease the energy needed for basic operations.
Energy Conservation
Energy conservation refers to the control of when and how energy is used. A simple means of energy conservation is to turn off the lights in an unoccupied room or power down a machine when it isn’t in use.
The combining of energy efficiency and energy conservation may offer significant utility savings for your business.
