We are excited to announce that EnerConnex has been awarded amongst the Top 10 Energy Procurement service companies of 2022 by Energy Business Review Magazine. You can read the entire issue, including our feature at this link!
The benefit of using energy more efficiently goes above and beyond saving money. Sure, most people know that swapping traditional incandescent bulbs with LEDs will help cut costs, but did you know that drinking water and wastewater systems account for approximately 4% of energy use in the US, resulting in the emissions of more than 45 million tons of GHGs annually? Or, did you know that as of 2021, more than 2.1 million Americans now work in the energy efficiency industry?
Improving the way your facility operates can help with the following:
In times when markets are volatile and commodity prices escalating, implementing energy efficiency measures is the best approach when looking for ways to better manage your total energy costs. Our knowledge, experience and expertise in energy can help make a difference. Discover how your facility can benefit from our Energy Efficiency services by contacting us today to set up an initial discovery call.
Sources referenced: https://e2.org/reports/energy-efficiency-jobs-in-america-2021/
https://www.epa.gov/sites/default/files/2015-08/documents/wastewater-guide.pdf
The EnerConnex team is constantly monitoring energy market conditions to inform and advise our customers accordingly. As of late, with the market experiencing significant volatility, we continue to see sustained high prices for electric, natural gas and crude oil. In times like this, a common thought process is to wait until prices retreat before signing a new energy contract.
We are now experiencing the opposite of mid-2020 when we were advising our clients to capitalize on historically low energy pricing. Playing “the waiting game” in today’s markets can potentially put you between a rock and a hard place when your contract finally does expire. This can be a scary time for businesses worrying about the rising costs of operating their facilities, on top of other large inflation hits. There also is no guarantee that prices will retreat this year (or early next) given the current underlying supply/demand fundamentals. Given this current supply/demand situation, We will continue to work proactively with all of our clients to help them look to longer supply terms in search of some better buying opportunities where energy markets are near or even below historic averages.
You can access our weekly Market Intel Reports for the latest happenings in energy markets here. Also, you can contact us at info@enerconnex.com to schedule a time to review one of our Market Updates with an EnerConnex energy expert.
There has been plenty of buzz about the rise in prices of almost everything as of late, including energy. If you look deeper into the steady climb of prices, you’ll notice it is not all a function of power production costs. In the EIA graph below, distribution spending has outpaced growth in both the number of electric customers and in retail electricity sales by a long shot. From 2000 to 2019, distribution costs increased by 64%.
Annual spending on electricity distribution systems by major U.S. utilities continues to increase which is one of the main factors contributing to end-users’ power bills going up. Utilities are preparing for higher electricity demand resulting in higher electricity bills and increased spending for both utility companies and end-users. While it’s nearly impossible to negotiate a better distribution rate, end-users can reduce consumption thereby lowering distribution expenses. Not sure where to start or how to approach reducing your consumption? Think Energy Efficiency. Implementing energy efficiency measures can play a key role in helping to reduce overall energy costs.
The team at EnerConnex understands the ins-and-outs of different pricing components in all markets and can advise customers on how to better manage their total energy spend. We can diligently review your current energy plan and walk you through the breakdown of costs you are incurring including commodity and distribution costs. Our knowledge, experience and expertise in energy can help make a difference.
EnerConnex offers a variety of Energy Efficiency programs to help your facility reduce its overall energy costs and also helping the environment by reducing your carbon footprint. We provide the technology, expertise, and the resources to upgrade lighting, HVAC, refrigeration, and many other energy conservation measures. You simply enjoy the many benefits of our services and spend more time focusing on your business while we provide 24/7/365 monitoring and control, improved safety, reduced liability, and an overall better environment.
It is often said, the cheapest power is simply the power not used. In times when markets are volatile and commodity prices escalating, implementing energy efficiency measures is the best approach when looking for ways to better manage your total energy costs. Discover how your facility can benefit from our Energy Efficiency services by contacting us today to set up an initial discovery call.
