The term Energy Efficiency is commonly used across different sectors, but what does it really mean? As described in The Energy White Paper, Powering our Net Zero Future, published in December by HM Government, Energy Efficiency is defined as: When something performs better using the same amount of energy, or delivers the same performance for less. Ultimately, energy efficiency means doing more with less: that is, squeezing as much useful power out of as little energy as possible.
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Why is Energy Efficiency Important?
Energy consumption has grown at an accelerated rate over the last few decades. And due to the increased demand, we are now in danger of using up the planets natural resources.
Energy efficiency is a way of managing and limiting the growth in energy consumption, to safeguard the planet, and ensure we leave energy behind for future generations.
Although energy efficiency can feel like an unattainable job for business owners, it is playing a progressively vital role in the roadmap to reaching Net Zero targets. Have you considered an energy strategy? Heres a list of five good reasons to implement energy efficient solutions in .
1. Reduce capital and operational costs
Improving your businesses energy efficiency can directly save your company money. Energy is no longer an uncontrollable cost like it used to be, but rather an area where considerable savings can occur. Nowadays, there is a fine line to draw between energy consumption and financial impact on the balance sheet.
2. Help lower consumption
Increased efficiency is an essential stepping-stone to help reduce energy consumption. It is also a focal point in achieving the UKs commitment to reducing its greenhouse gases. By lowering consumption, you can lower your carbon footprint.
3. Greater operational long-term resiliency
By ensuring that your business is energy resilient you will automatically help insulate against price increases or fluctuations in supply. As a direct affect, you will achieve a long-term resilience that helps maintain operations and reduce commercial risk.
4. Cut the emission of greenhouse gases
Energy consumption remains a principal source of human caused greenhouse gas emissions. By implementing energy efficiency strategies, you can significantly reduce your contribution.
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5. A positive impact on preventing climate change
The financial benefits of energy efficiency are only the beginning. Greenhouse Effect, Global Warming and Climate Change are all phrases we are familiar with. But being more environmentally conscious and energy-efficient does not only help with climate change, but has the potential to improve relationships with customers, suppliers, and other stakeholders. Being energy efficient can enhance your brands reputation, which in turn can improve your business performance.
Business energy efficiency can be difficult, but there are too many benefits to completely ignore it. By optimising your energy performance you will not only experience reduced costs but many environmental benefits that positively can affect your business performance. The majority of UK buildings are predicted to still be in use in so its a must we keep moving and challenge ourselves every year to become as energy efficient as we can be.
Companies around the world are realising the great benefits of renewable energy.
In , US companies bought 4.8 gigawatts of renewable wind and solar power, and is on track to far exceed that, reported Bloomberg.
Businesses across the globe are seeing the advantages of eco-friendly power: not only does it make them leaders in sustainability, but it also saves a lot of money.
This is especially true of solar power. Businesses can take advantage of free energy from the sun to accommodate electricity needs in their commercial buildings while safeguarding their budgets from unstable utility power costs.
In this blog, well explore five reasons that explain why solar is great for business.
1. Solar power lowers operating costs
Commercial power can be very costly. Depending on how many buildings you own, the size of your facilities, and the specific electricity demands of daily business, your monthly power costs can easily run into the thousands every year.
Heres where the value of solar comes in. A solar photovoltaic (PV) panel system will convert sunlight into the power you need. If your business is active during the day, you can run daily operations as you generate power...resulting in more cost-effective usage of energy. And of course, a grid-tied solar system allows your business to draw extra power from the electricity grid, should you need it.
A customised solar system therefore represents major cost savings, letting you reinvest the savings into your business, and focus more on growth.
2. Solar can help you plan more consistent utility payments
If youre fully tethered to the grid, youre affected by the fluctuating costs of electricity in New Zealand. As the years roll on, power costs are expected to continue rising, while prices vary unpredictably from one quarter to the next.
Reliable, monthly solar power generation means that, after installing and using your system for a few months, youll get a fairly accurate picture of your ongoing power costs.
If youre fully tethered to the grid, youre affected by the fluctuating costs of electricity in New Zealand. As the years roll on, power costs are expected to continue rising, while prices vary unpredictably from one quarter to the next.Reliable, monthly solar power generation means that, after installing and using your system for a few months, youll get a fairly accurate picture of your ongoing power costs.
Looking to see exactly where the savings come with solar energy? Read here.
3. Solar installations can raise the value of commercial property
Buildings that come with a solar system are attractive when theyre on the market. Theres a good chance you'll have a faster, easier time selling, and you may be able to do so at a higher list price.
Why is this? Solar panels mean businesses can operate more profitably with solar, and handle operations with more predictability.
4. Solar can give your company goodwill as a green enterprise
Public awareness of renewable energy is growing fast. More consumers are supporting businesses that are helping to create an environmentally-healthy New Zealand.
Solar power is a perfect opportunity for a business to stand out as a green operation. When eco-conscious consumers see that youre actively reducing your carbon emissions by going solar, more of them may buy from you.
5. Solar is an easily maintained, consistent power source
Buildings that come with a solar system are attractive when theyre on the market. Theres a good chance you'll have a faster, easier time selling, and you may be able to do so at a higher list price.Why is this? Solar panels mean businesses can operate more profitably with solar, and handle operations with more predictability.Public awareness of renewable energy is growing fast. More consumers are supporting businesses that are helping to create an environmentally-healthy New Zealand.Solar power is a perfect opportunity for a business to stand out as a green operation. When eco-conscious consumers see that youre actively reducing your carbon emissions by going solar, more of them may buy from you.
Solar panel systems are sturdy and reliable. Once theyre installed and fastened, the panels can operate virtually maintenance-free for years on end.
In addition, commercial solar installations from World Solar are covered with a 25-year performance warranty. This means that, with our solar systems, you can rely on dependable clean energy for a long time without constant worries about servicing or interruptions in performance.
Solar power has more benefits for business than you might have expected. It saves money and helps control utility costs, is low-maintenance, and makes your commercial building more valuable... all while showing you off as a principled, eco-friendly NZ business.
Installing solar power is a great next step to give your business the edge today.
If you are looking for more details, kindly visit do i need 3 phase power for solar.
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