Inspired Energy has launched a complete business energy guide to help businesses get ahead with their energy strategy. The guide covers a full scope of issues, from procurement and auditing to reducing consumption and supporting your net zero goals.
With an increasingly volatile market causing energy prices to be at the highest they’ve been in over 15 years, purchasing at the right time, and having the right energy strategy in place is crucial. But like so many aspects of energy management, from compliance, to metering, bill validation, to carbon reduction and much more – it can be overwhelming to know where to start.
Mark Dickinson, CEO, Inspired Energy, said: “Leading the charge with how we generate and consume energy is something Inspired Energy takes great interest in.
“Ensuring all our clients can both achieve cost-benefit savings on their energy as well as reach any carbon reduction targets is a top priority for us.
“Businesses will play a vital role in helping the UK achieve its net zero ambition, and we are committed to helping them achieve their decarbonisation goals. We also want to lead by example, ensuring our own net zero and ESG objectives are embedded into our daily operations.”
The guide outlines seven steps to ensuring businesses can achieve their net zero goals.
Auditing. When looking at your business’ energy consumption, to reduce your carbon emissions and improve your energy efficiency, the first thing you should do is conduct an audit of your current energy usage. Identify where any improvements can be made and find ways to reduce your carbon emissions.
Compliance. The UK government has set a milestone for our nation to significantly reduce our greenhouse gas emissions by 2050, also known as our net zero target. Many businesses in the UK are also obliged to comply with more specific legislation highlighting their energy consumption and usage alongside their recommendations or improvements for reduction.
Reduction. Increasing your organisation’s on-site energy efficiency is a great way to reduce consumption. Improvements can be made across your business to ensure a reduction in energy usage. For example, you could switch your lighting, to energy efficient LEDs, or upgrading to motion sensor lighting throughout your building.
On-site generation. 2050 marks a very important year. It’s when we’re set to meet a target of zero carbon emissions, known as net zero. This means there is an increase in pressure for businesses to step up their carbon reduction game. Lots of businesses are looking for other ways to generate their own energy from renewable sources to rely less on the grid and reduce costs.
Monitoring. Most businesses waste energy and can consume unnecessarily without management processes and systems in place. Many Energy Management Systems (EMS) automatically collect energy measurement data through meters and collate the data, making it available to users to monitor and manage energy resources.
Renewing. As we move forward, we are expecting more volatility, continued price fluctuations and a regular ‘peak and recover’ cycle. For that reason, the need for a strategic approach to energy purchasing, that mitigates against the upside in a way that is appropriate for your business, is more essential today than it has ever been before.
Validating. To combat overcharges or inaccuracies in your billing, many businesses will require the support of advanced error checking and reporting software. This specialist software can help to identify billing errors and ensure they are investigated correctly and completed to a high standard.
On the road to net zero, working with an expert energy consultant, like Inspired Energy, can help you identify any cost reduction opportunities, allowing you to focus on your business. The funds recovered can then be reinvested into other areas of your business for further improvement, such as your energy reduction plans.
To download the guide, please click here.