Saving energy: tips to reduce your company's cost and consumption

Saving energy is one of the main goals of all businesses and companies involved in economic activity. Reducing energy consumption costs not only allows us to save money (which, depending on the amount, can improve the company's finances) but also allows the company to improve its level of sustainability.

saving energy

Many companies do not stop to think about all that they can save and gain if they reduce the cost of electricity consumption, they simply take it for granted that it is an unavoidable expense and that there is no choice but to add it to the production costs. According to Viviana Ximénez (2020) in her article on the industries that consume the most energy in Mexico, "The Energy Information System, with data from the Survey on Energy Consumption in the Industrial Sector, states that the energy consumption of the industry reached 13,980 petajoules and that 92% of companies in Mexico spent more on electricity,  while only 4% reduced it."

 

Again, this data tells us what the business and industrial sectors can do to save energy and what alternative and sustainable energies can be implemented to get a better deal. With these facts in mind, consider these options: 

 

Energy-saving alternatives

 

  • Do an internal audit: The first step you should take before looking for alternatives to save energy is to do an internal audit in which you analyze your spaces (since a migration implies a structural adjustment), what processes make you spend more electrical energy, and which daily or fundamental operations can be adjusted quickly to a migration towards sustainable energy with a qualified supplier. 

 

 

  • Look for a better contract that fits your company's characteristics. Different solutions exist for businesses and companies based on Mexico's various types of renewable energies. The type of contract we currently have available in Mexico is the Physical PPA (Power Purchase Agreement). With the Physical PPA, the customer can choose two different types of contracts. In the first, it will receive sustainable energy thanks to an agreement between the energy supplier and a vendor; in the second, a retail service contract is offered. 

 

 

  • Choose the best type of energy for your company according to your location: according to the Ministry of Energy (SENER), 25% of the energy used in the country comes from sustainable sources such as hydroelectric energy (8%), wind energy (6%), photovoltaic or solar energy (4%), geothermal energy (1.47%) and bioenergy (0.27%). If you are located in the states of the Gulf of Mexico, in Baja California Sur, Sinaloa, Zacatecas, Hidalgo, Oaxaca, and Quintana Roo, you can take much more advantage of wind energy. With these two examples, you can see the importance of getting a guide from a recognized energy provider who can guide you according to your needs. 

 

 

  • Educate the company's employees about the advantages of migrating to sustainable energy: Once you have hired a recognized and qualified supplier of sustainable energy, you must also educate your employees so they can know what the advantages of migrating to sustainable energy are, how this new technology works, and that they are part of the proper use and maintenance of the equipment, as applicable. 

 

Advantages of saving energy

The main advantage of saving energy is directly reflected in the company's finances, as we have already said; however, there are other advantages:

  • It improves the image of the company, as they can be shown as socially responsible

  • Operations can be expanded, and production costs can be reduced, which will allow more competitive prices in the market, a higher ROI, or both.

 

Sustainable energy sources have a minimal environmental impact, and implementing them in your business can save you energy and money. If you are in a hurry to save energy and, in addition, you are interested in sustainable practices, contact a qualified supplier, such as Enel, and follow the recommendations of business colleagues who have already migrated to green energy so you can also hear their testimonies on how you can save money, while reducing our polluting footprint on the planet from the business performance.