If you are a regular reader of the Electro Industries blog, you are already familiar with the many benefits of power monitoring. With the right tools and equipment, you can reduce energy consumption by up to 20%, improving your profit margin and reducing your impact on the environment.
What you may not know, however, is that power monitoring equipment can do more than just help you save green. Here are four not-so-obvious benefits that energy management systems can provide…
Double-Check Your Utility Bill
You pay your utility bill every month, but do you know if you are paying the correct amount? Whether by accident or intentional, billing errors happen all of the time. Having a power monitoring system in place will allow you to audit your energy provider by comparing your consumption data against theirs.
Extend Equipment Lifespan
When a piece of equipment – be it a computer, HVAC system, or piece of manufacturing machinery – is on the verge of a breakdown, it often undergoes a spike in energy consumption. Since submetering allows you to pinpoint your energy usage down to specific pieces of equipment, you can identify when something is malfunctioning, and fix the underlying problem before it completely breaks down.
Improve Marketing Efforts
If you rent out residential or commercial property, going green is in the best interest for your business. Studies show that more and more tenants are looking for rental space that is energy-efficient and property managers that are environmentally-conscious. By investing in a power monitoring system, you can effectively market your efforts to potential customers.
Prevent Power Outages
Power outages cost companies billions of dollars every year. When your business is down, you miss out on opportunities to earn revenue, not to mention having to pay idle employees. Combine this with damaged equipment and lost data, and it’s easy to see how the costs add up. With power quality analysis equipment, you can identify lapses in your power supply the moment they happen and potentially stop power outages before they start.
Electro Industries has been helping businesses around the world, big and small, save energy and money for over 40 years. Visit our website to learn how our power monitoring products can benefit your business, or give us a call at (866) 928-7908.