April 19, 2016Most organizations recognize they can’t rely on a single source of energy to run their operations and don’t have a cohesive strategy for buying, managing and monitoring energy.Integrated energy management is about having a unified view of your organization’s energy and a plan for using it efficiently. This can improve your bottom line, giving your business a competitive advantage. Here are five benefits of an integrated energy management strategy.
- Improving Organizational Alignment
Do you find yourself surprised by decisions made without your department’s knowledge? Do you hear inconsistent answers from employees?Answering “yes” may indicate misalignment within your organization. This is a common challenge when there are multiple stakeholders responsible for energy management. When an organization takes a comprehensive approach toward controlling energy usage, all parties work toward the same objectives.
- Achieving Sustainability Goals
An integrated energy management strategy can help companies make the most of their efforts by combining energy purchasing with energy efficiency. That might include building energy-efficiency projects into power agreements so upgrades can be funded by the savings achieved over time. Constellation’s Efficiency Made Easy program is one way to do this.
- Mitigating Price Volatility
- Improving Reliability
- Increasing Shareholder Value
Developing an Integrated Energy Management StrategyIntegrated energy management is a long-term approach that requires buy-in from key stakeholders, thoughtful planning and partnerships with experts who have the ability to put your plans into action.