EIC Partnership

Could increasing your sustainability help you avoid energy price rises?

With energy prices continuing to sky rocket, businesses have been forced to make changes to their strategies. Businesses and individuals are now focusing on reducing waste and cutting consumption, as they seek to avoid high prices. Sustainable practices can be a solution that comes with significant benefits, as well as long-term possibilities.

Renewable and nuclear energy currently make up half of the UK energy market. So, it only seems logical to make these options more widely accessible. Switching to sustainable practices may appear time-consuming or expensive. But while there may be initial costs, these costs will be more than returned in the long-term.

But how can a business kick start their sustainability journey? And could this help them avoid energy price rises?

Using more effective and efficient options

Moving towards a greener future involves upgrading your current energy appliances. And taking a simple approach can sometimes be the most effective. Updating equipment, installing smart meters, and upgrading your building insulation can make a significant impact on your business’s energy consumption and, subsequently, your energy bills.

For example, lighting accounts for 20% of electricity that is generated in the UK. LED lighting is the most cost-effective option for businesses looking to reduce their lighting consumption and save money. Switching your lighting systems can seem like a daunting task. But there will be an eventual return on investment, which will also help the environment. Get in touch to find out more about our surveys and advice on LEDs.

These adjustments may seem small, but they can significantly cut costs and consumption – while improving your business’s sustainability.

Understanding your energy data

Gathering data is an important tool in the journey towards sustainability, that is often overlooked. Businesses that have a good understanding of their site’s energy data can manage their buildings in real time – saving valuable time, money, and hassle.

Optimised data, combined with smart energy management software, will allow you to track the progress of your sustainability journey. The use of these technologies will help you to monitor energy consumption and allow you to respond with effective remedial action. You will be able to make real time control adjustments based on system set points, quantify your savings and undertake benchmarking.

Taking control of your data management is crucial, as you strive to reach new levels of sustainability. Businesses around the world are recognising the importance of becoming greener, and more importantly, so are consumers. A greater awareness of your impact on the environment could lead to real gains, in terms of your clients and investors.

Metering and monitoring

Incorporating regular metering and monitoring helps businesses to gain an insight into key areas where energy is currently wasted. By cutting unnecessary waste, a business will cut its costs as well.

An energy audit can assess how much energy is currently being used in each sector of your business.

An audit typically looks at lighting, heating, water usage, air conditioning and the use of electrical devices. Ongoing performance monitoring can also provide reassurance that your systems are delivering to a good standard.

Monitoring and metering your utilities are essential if you want to build an effective energy management strategy. Aside from identifying potential inefficiencies, these services bring many environmental and financial benefits for businesses. At EIC, we offer a full report that compares and quantifies your energy and water metering data. This can help you to understand your consumption, and in turn accelerate your route to sustainability. Get in touch to find out more.

Where does EIC come in?

At EIC, we understand the growing importance of securing a green future. With our many years of experience, and team of experts, we can provide clients with everything they need to begin their journey towards sustainability.

We help businesses to monitor and manage their energy and carbon with sustainability in mind. Our in-house team can guide you through energy monitoring, carbon foot printing, green procurement and compliance legislation.

Get in touch today to find out how we can help you to reach your sustainability goals.

We're waiting to help you on your route to net zero

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