Energy-efficient vs Energy-smart
Often the term; “energy-efficiency” only refers to a reduction in the consumption of electricity. But for many businesses, there’s an opportunity to make sure that all the energy used provides the optimum outcome.
Understanding the components that make up your energy bill and how you use your energy is the first step in increasing energy productivity.
Managing energy demand means looking at the time of day that energy is used. To gain the benefits of demand management, energy is used at times considered “off-peak” or when general demand is low and supply is plentiful. Using off-peak energy allows for reduced expenditure in infrastructure (e.g. poles and wires) to deliver the same service.1 Conversely, when general demand for energy is high, infrastructure used can be at capacity so the cost to deliver is higher.
Chat to your account manager on 13 23 34 to help with demand management.
Power Factor is a term used to describe the effectiveness of incoming electricity. Sometimes, a poor power factor can affect the performance of equipment as it uses more electricity to perform.
Power Factor Correction units are available to increase the efficiency of your power supply and can subsequently reduce your energy costs.
Network tariff review
Network tariffs are set by the distributor in your area. Energy retailers, like Origin, don’t determine network tariffs; these are regulated by the Australian Energy Regulator (AER).2
Network tariffs are set according to your previous consumption levels, location, the time you use the most electricity and your ongoing demand.
There is an opportunity for businesses to reduce their network tariff by analyzing consumption patterns to ensure the correct tariff is charged.
Finding opportunities to optimize energy consumed may mean sourcing a mix of grid and solar energy. If you use more electricity during daylight hours, solar can help you cut down your business operating costs by taking control of the costs of daytime energy usage.
Businesses that own property or have a long-term lease, with large roof space not blocked by too much shade could benefit from installing Solar as a Service.
Understanding components of energy consumption such as time-of-use and the tariffs charged, as well as taking advantage of renewable energy services, can help to drive real cost savings.
Each business is unique. We can assess your requirements and can help find opportunities for your business to become an energy-smart business.