Energy efficiency is crucial for business sustainability and competitiveness. However, many businesses struggle to achieve true energy efficiency due to barriers such as lack of knowledge, financing challenges, and uncertainty about returns on investment.
Maia Energy offers energy auditing services through our Energy Efficiency Partners to help businesses identify viable cost-saving opportunities and achieve true energy efficiency.
Benefits of Energy Efficiency with Maia Energy:
- Cost savings: By identifying viable cost-saving opportunities, our energy auditing services can help businesses reduce energy costs and increase profitability.
- Carbon footprint reduction: Achieving true energy efficiency helps organisations reduce their impact on the environment and promote sustainability.
- Business resilience: Our energy efficiency strategies provide long-term energy cost savings and reduce reliance on traditional energy sources, enhancing business resilience.
- Competitive advantage: Energy consumers interested in new, efficient technologies can leverage our energy auditing services to review and adopt cutting-edge solutions, providing a competitive edge in their market.
- Expert guidance: Our Energy Efficiency Partners offer expert guidance and support, helping businesses overcome barriers such as lack of knowledge and financing challenges to achieve true energy efficiency.
Who would benefit:
- Businesses looking to reduce energy costs: Our energy auditing services identify areas where businesses can save money and reduce their carbon footprint, making it an ideal solution for organisations looking to reduce energy costs and increase their sustainability.
- organisations seeking to enhance business resilience: Our energy efficiency strategies enhance business resilience by providing long-term energy cost savings and reducing reliance on traditional energy sources.
- Energy consumers interested in new, efficient technologies: Our energy auditing services are perfect for energy consumers interested in reviewing new, efficient technologies that can significantly reduce energy spend and provide a competitive advantage in their market.
Energy efficiency brings avoided costs..
Avoided cost methodology...
- Avoided costs are the forecasted economic “benefits” of energy savings
- Avoided costs would have been spent if energy efficiency had not been in place
- Avoided costs can include the value of reduced greenhouse gas emissions
Components of Avoided Costs...
- Consumption related avoided costs are one of three categories of avoided cost
- The second category is capacity-related avoided costs such as kva availability
- The third category is reductions in Greenhouse Gas emissions
Forecast avoided cost approaches...
- Forecast avoided cost uses contract energy charges applied to energy savings
- Capacity reduction is applied to kva charges to calculate avoided capacity cost
Energy Auditing: Initial steps..
Track your energy use...
- You can't manage what you don't measure so you need to monitor your energy use
- Install AMR meters or take regular meter reads and compare with previous months
- If you have a smart/AMR meter request granulated data from your supplier
- If you have a half hourly metered supply request half hourly data from your supplier
- 'Degree day' data can remove the 'weather effect' from heating energy
- This allows efficiency comparisons to be calculated regardless of weather
- We can apply degree day data to your energy data - please call us
- If you're comparing energy used in production , consider your output
- Record energy used per item produced , floor spaces or staff numbers
Assess your energy use...
- The more energy you use the greater the potential benefit of energy efficiency
- Obtain granulated data from your supplier such as half hourly electricity data
- Obtain half hourly gas usage data if available but otherwise monthly data
- Assess how much energy is used for heating, lighting or industrial processes
Self generation potential...
- Self-generation can offer substantial savings to large energy consumers
- If you have space solar PV can generate cheap electricity at no upfront cost
- If you use substantial heat and power CHP can offer a ROI in under 2 years
Demand side response potential...
- If you are a large electricity consumer can you be flexible with electricity demand?
- If so, you can ne paid not to use eleectricity at times of high demand
Pinpoint the inefficient areas across different sites,...
- Investigating energy use across sites can pinpoint efficiencies & inefficiencies
- Data across sites can be used for benchmarking similar, 'model' businesses
- This data can also be used to highlight savings achieved after measures are taken
- This stage may also potentially identify better energy deals & tariffs elsewhere
Conduct a structured, systematic walkaround...
- A systematic walkthrough of your premises will identify energy saving opportunities
- Use an audit checklist to ensure no aspect of business infrastructure is missed
Quantify the potential savings in identified areas...
- Benchmarking similar areas can give insight into potential savings
- Calculate power demand and hours in use for electrical equipment over 12 months
- Locate more efficient equipment and calculate energy used over the same period
- Apply electricicty cost to annual electricity use with the old and new equipment
- This gives the cost difference between energy efficient & inefficient equipment
Calculate ROI on energy saving/generating equipment...
- Divide cost of new equipment by annual saving of using energy effciient equipment
- That figure represents the time taken to recover the investment
Prioritise actions that offer the fastest payback times...
- In the event you have limited resources prioritise the most effective measures
- This means you will secure the most benefit in the fastest possible time available
- CHP and solar PV installations are project managed by the appointed installers
Making a business case..
Consider the rationale for the project...
- Recognise the multiple benefits and multiple reasons for energy efficiency
- Energy saving measures can be quantified using degree day data provided by us
- On average 2/3 of economically viable energy efficiency potential is untapped
Identify efficiency measures...
- Energy saving measures are the building blocks of energy efficiency
- Identify ALL possible measures without exception then assess viability
- Measures can be adopted if economically viable & the non viable can be rejected
Breakdown the financial costs...
- For each measure breakdown the financial cost of equipment and installation
Perform a cost-benefit analysis for the solution...
- Cost benefit analysis gives options & offers the best approach to achieve a goal
- Neasure the positive or negative consequences of a project
- Compare the total costs of a project with its benefits
- Use a common metric for gas & electricity to compare e.g pence/kwh
- Detail predictions for the future if you go forward with the project.
- Detail predictions if you DO NOT procceed with the project.
Detail associated risks, & identify mitigating factors...
- Detail the risks associated with implementation of a project
- List any mitigating factors that mat reduce those risks
Plan project requirements & timescale...
- Write a project scope statement to understand what you need to achieve
- Create a work breakdown structure by breaking a project into smaller pieces
- Break each project into a to-do list
- Determine project dependencies with a flow chart
- Determine total time needed for each task on the to-do list
- Identify resource availability amongst your team and the installer
- Identify important milestones to track the project from start to finish
- Build your project management timeline
- Flexible financing options are available for energy saving equipment
- More efficient equipment lowers energy bills & loan payments are offset by savings
- Enhanced Capital Allowance (ECA) scheme lets you claim 100% first year allowance
- 100% cost of investment may be written off against profits for year of investment
- Some energy efficient materials that are part of the ECA scheme qualify for 5% VAT
Self audit checklist..
- Are your business’ facilities using the most energy efficient lighting options?
- Could energy saving bulbs or LEDs be installed to replace inefficient lighting?
- Are there areas that use excessive or unneeded artificial lighting?
- Is natural sunlight effectively used whereever possible?
- Is lighting management technology in use such as dimmers, timers or sensors?
- Are all buildings well insulated?
- Are there any cracks or gaps around door frames, windows or foundations?
Heating and cooling...
- Are boilers, radiators and air conditioning systems operating efficiently?
- is heating and colloing switched off when the building is not in use?
- Is there a regular maintenance and update schedule for these systems?
- Are all buildings properly ventilated?
- Is electrical equipment maintained to ensure maximum operational efficiency?
- Is all equipment up-to-date and does it meet energy efficiency regulations?
- Is equipment shut down properly when not in use?
- Do staff turn lights, fans, and all electrical equipment off after use?
- Are thermostats lowered when buildings are not in use (holidays, weekends)?
- Are thermostats set to reflect the CIBSE recommended temperatures
- These temperatures are 16°C for factories, 18°C for hospitals, & 20°C for offices
Findings and recommendations...
- Write down your findings and recommendations during the walkaround
Additional energy avoidance tips & best practice..
Position thermostats away from doors & windows...
- Don't place your thermostat near windows or doors that may let in drafts
- Your thermostat will measure outdoor air instead of overall indoor temperature
Keep windows and lights clean...
- Clean windows utilise sun more efficiently for heat & light especially in Winter
- Clean lights may mean less powerful nore efficient lighting can ve used
Consider whether equipment is due for renewal...
- If so look for the most energy efficient replacements
- The fastest ROI is when items are being replaced anyway
Consider whether lighting is energy intensive...
- If so a replacement LED system will provide a rapid ROI
Energy Audit Implementation Stages
As a first step we can use your your electricity and gas use to identify specific effciiency measures to avoid future energy cost
We will carry out free desktop studies into viability of Solar PV and CHP for your site if you email us
- Half hourly electricity data for a 12 month period.
- Monthly gas use data for a 12 month period.
- Your address and postcode
The desktop analysis will reveal whether CHP and Solar is a viable option for your site and if so, the Return on Investment (ROI)
The analysis will include:
- Viability of solar PV and CHP for your site
- Finance options
- Free installation options for
- Predictions for energy cost avoidance
You can either self audit using our self audit instructions, or receive a detailed professional energy audit at cost Read more...
Either way we can carry out a cost benefit analysis of all energy efficiency measures that may help you avoid future energy cost
66% Untapped potential
66% of viable economic energy efficiency is untapped
50% Avoided cost
Efficiency measures could avoid 50% UK energy cost by 2035
ROI less than 2 years
Some energy efficiency measures have an ROI under 2 years
At Maia Energy, we understand the importance of achieving true energy efficiency and are committed to helping our clients unlock the full potential of this valuable resource.Contact us today to learn more about our energy auditing services and how we can help your organisation save money, reduce your environmental impact, and drive growth.