9 Ways to Reduce Energy Costs (Wp01)

8/8/2019 9 Ways to Reduce Energy Costs (Wp01)

1/13

8 WAYS TO REDUCEYOUR ENERGY COST

HIGH-ROI ENERGY-PROCUREMENTIDEAS FOR LARGE ORGANIZATIONS

By David Vranicar, Verisae


2/13

For more information: Call us 612 455 2300 or contact@ver isae.com Page 2

8 WAYS TO REDUCE YOUR ENERGY COST

ABSTRACT

For many large organizations that operate multiple facilities, the

simplest, fastest and least expensive way to reduce the cost of energy

is to refine your energy-procurement practices.

Yet four key challenges may have prevented your organization from

achieving the benefits you otherwise could:

You may not be aware of all the opportunities.

The topic can be complex, especially if you work with multiple utilities.

You need accurate, detailed data. In many organizations, such data

are not readily accessible in useful, actionable form.

Maybe you havent yet dedicated the right resources to the task. Or you

havent got the right processes or systems in place to a do a proper job.

The ideas you will read here are generally fast, straightforward, non-

disruptive and relatively low in cost to implement.

You will get the most out of this report if you fit the following description:

You are responsible for reducing the cost of energy in your organization.

Your organization consumes more than 10,000,000 kWh of energy in

a year.

Your organization operates in more than a dozen buildings and

possibly on multiple sites.


3/13



3 WAYS TO THINK ABOUT YOUR ENERGY COSTS

Your energy-related costs fall into one of three categories:

1. The amount you pay your energy suppliers.

2. Your portfolio of energy sources, including utilities, on-site renewable energy,

and purchased Renewable Energy Credits (or RECs).

3. The cost of maintaining the efficiency of equipment that consumes energy.

THE ENERGY SUPPLY SIDE VS. THE DEMAND SIDE

This and subsequent reports in the series address four substantially different but interrelated ways

to reduce total energy cost:

Pay less for the energy you buy.

Rebalance your energy sources.

Use less energy.

Find a more optimal balance between energy prices you pay and the energy you use.

A separate report addresses ways to reduce the cost of maintaining the efficiency of equipment that

consumes energy.

We refer to the first two ways to reduce energy cost as supply-side methods. The third method is

demand-side. The fourth is a hybrid of the first and third.

This report focuses on ways to pay less for the energy you buy. You will also find here a brief discussion of

the data, systems, processes, and resources youre likely to need to implement the ideas suggested here.

8 WAYS TO REDUCE YOUR SUPPLY-SIDE ENERGY COSTS

To reduce the cost of energy you buy, consider making some or all of the following changes to your

energy-procurement practices:

1. Consolidate all your utility billing data in a single place where all parties in your organization

can use it easily.

2. Pay the lowest-cost tariffs you can.

3. In deregulated markets, choose the lowest-cost provider for your usage patterns.

4. Avoid overpaying your utility. Find billing errors.

5. Take advantage of rebates, tax breaks and incentives.

6. Dont let util ities sit on your deposit money.


4/13



THE BEAUTY OF MANAGING

ENERGY WITH SPREADSHEETS

Spreadsheets offer many advantages that

are hard to beat:

They are inexpensive, extremely flexible

and almost universally available.

They are highly standardized.

The code for Microsoft Excel is mature,

bug free, and exceptionally well

documented.

Most people in large organizations

already know how to use spreadsheets.

High-quality, inexpensive training is

widely available for those who dont.

Customized worksheets are easy to

build, even for people with no program-

ming skills. Consultants who can build

spreadsheets are widely available at

reasonable cost.

The reporting capabilities of spread -

sheets are vivid and highly flexible.

With a little help from your IT group,

you can easily transfer data among

spreadsheets and other common busi-

ness software applications.

7. When you open or close a facility, make sure your utility adjusts you to the most

favorable rate as soon as possible.

8. Take advantage of other special programs your utilities may offer.

Congratulations if youre already doing some or all of these things. Our experience

with more than 40 companies suggests that youre in the minority. You look to

further reduce your energy costs on the demand side, as subsequent Verisae

reports suggest.

Even if youre already doing many things well, please skim through some of the

detailed discussions that follow. They may offer some nuances that can help you

save additional money.

1.Consolidate utility billing data in a single place where all parties in yourorganization can use it easily.

Excel spreadsheets are the leading software application used to manage

energy data in organizations of all sizes. There are plenty of solid reasons for

their broad appeal (sidebar, p. 3).

But they also have their limitations (sidebar, p. 4). To avoid these shortcomings,

you must invest a good bit of, well, energy. You must invest enough forethought

and coordination to use spreadsheets effectively. You may also have to come

to agreement across business functions with diverse needs. You may have to

consider differences across legal or regulatory jurisdictions, state or nationalborders, cultures and languages.

To help you navigate these complications, it may be wise to engage your IT

organization or outside consultants. Even with such help, you can still get it

wrong unless you work with someone who has previously built systems to

manage energy. It takes about three times to start getting it right.

If you feel ready to move beyond these l imitations, you have several alternatives that can take you

far beyond what you can achieve with spreadsheets.

BEYOND SPREADSHEETS: DIGITAL SCANNING AND IMAGING OF BILLS

One useful next step is to scan and digitize your utility bills so their details are easily accessible online.

This enables you to capture all the data that can help you reduce your bills. It can also make such data

available for convenient use by multiple functions within your organizationincluding, for example, your

energy-procurement, energy-conservation, facilities, and Accounts Payable groups.

Be aware that making digital images of all your utility bills available online is not the same as making all

your energy-related data searchable or reportable for everyone who needs it.


5/13



CREATING AN ONLINE DATABASE

To make your utility billing data available for thorough reporting and analysis, you

must capture it through keyboard entry or optical character recognition (or OCR).Your biggest challenges will be to come to consensus on the needs of all the groups

who will use the data, to overcome any internal resource limitations you may face,

and to eliminate data-entry errors.

IF YOUD RATHER NOT DO IT YOURSELF

One alternative is to outsource the capture, presentation and reporting of data from

your utility bills. In doing so you can choose from a wide variety of utility bill-process-

ing service providers.

Many can set up a software application that captures all your data and makes it

easily (but securely) available to everyone in your organization who needs it. Every-

one can get all the data they are authorized to see. They can prepare their own

reports and analysis.

You can capture all the data that appears on your utility bills, and you can see it in a

presentation thats consistent across all utilities, regardless of their billing formats.

You can enter the data yourself or you can have the service provider do it for you. A

very few service providers (including Verisae) will guarantee 100% data accuracy.

You can pay your bills yourself or you can have your service provider do it for you.

In some cases you need only a web browser. You dont have to buy computer

hardware, and you need not involve you IT organization in setting up databases or

data-transfer interfaces.

2. In deregulated markets, choose the lowest-cost provider for your energy

usage patterns.

[Note: If all your operations are in regulated jurisdictions (sidebar, p. 6), this

recommendation wont save you money. Skip to suggestions 3 through 9.]

Seventeen U.S. states or districts currently enable retail buyers of electricity to reduce

their cost by choosing their supplier from among two or more competing utilities.

(By contrast, you have no choice of provider if you operate only in regulated states.)

Similar deregulation has also occurred for natural gas, but the opportunities for savings are generally

smaller than for electricity.

THE CHALLENGES OF MANAGING

ENERGY WITH SPREADSHEETS

For all their strengths, spreadsheets also

have serious shortcomings. These are espe-

cially apparent for large organizations.

If youre trying to collect large amounts of

data from many different sources and con-

solidate it into a single view, for example,

spreadsheets can have these limitations:

They are hard to standardize and con -

trol across a big organization.

You are likely to have version-control

issues with your data, your formulas

and your reports. Its hard to keep

track of what youre looking at and

where it originated.

Spreadsheets are rarely tested and

debugged as thoroughly as other soft-

ware applications.

They are not good at handling very

large data volumes.

Its easy to introduce errors and hard to

find them. One or two wrong keystrokes

can ruin the accuracy of several weeks

work. It can be hard to detect errors.

You have no audit trail. The numbers

spreadsheets generate are hard to verify.

It can be hard to protect your data

security.

Youre at risk of losing key data if you

dont follow rigorous backup procedures.


6/13



The best utility for your needs is not always obvious. It may be that no single utility is the best choice for

all your facilities, even within a tight geographic area.

To evaluate the real cost for each utility youre evaluating, you will need detailed information about allavailable tariff schedules from each utility.

The rate structures of competing utilities may be hard to compare side by side because utilities often

structure their rates in different ways. The total tariff always includes several components. In some

deregulated markets, only some of these components may be deregulated. The others remain regulated.

Any items directly related to the charge per kWh are most likely deregulated. Other fees are typically

add-on charges for transmission, billing fees, etc. In comparing rates for two or more utilities, focus on

the deregulated components.

It is also important to understand what add-on fees deregulated suppliers may include in their rates.

For example, some assess penalty fees for line loss (often called bandwidth fees). The bandwidth feeapplies when a customer materially changes the amount of energy it uses. Suppliers charge such fees to

protect themselves against possible losses.

Utilities normally buy energy by hedging through forward contracts. If a customer unexpectedly increases its

usage, the supplier may have to acquire additional energy to cover the increased demand. It may pay a higher

price than the cost of the forward contract.

On the other hand, if a customer uses less power than expected, the utility must sell its excess back into

the market, possibly at a loss compared to what it would have charged the customer for the same power.

To make apples-to-apples comparisons of rates, find the base-rate tariff for each utility.

In addition to looking at base rates, also consider any rebates, incentives or credits that each utility may

offer you to invest in improving your energy efficiency. (See more on this in Suggestion 3 below.)

If your operation has flexibility to limit your energy load during periods of peak demand, consider

which utilities offer the best incentives to do so.

To decide which utility or combination of utilities presents the most economical alternative overall,

you will need solid historical usage data for all your operations. The more granular and detailed your

usage data, the more confident you can be in making your decisions. And the more money you are

likely to save.

Depending on the kind of supply contract you may execute with deregulated utilities, it may also be

wise to dedicate a person to watch the market for ongoing opportunities to buy additional energy

layers or blocks when favorable market conditions arise.

3. Pay the lowest-cost tariffs you can.

Assuming you know which utility companies you will buy from, the next step is to be sure you select the

lowest-cost tariff rates for which you qualify.


7/13



This suggestion is usually not as easy or as obvious as it may appear. Utilities generally

provide multiple rate structures and leave it to you to decide which works best for you.

Rate structures are complicated. Tariffs are not as straightforward as rates postedin simple pricing tables. They are algorithm for calculating the prices you will pay

under certain conditions of usage.

Tariffs often consist of multiple components, starting with a general-service tariff.

General-service tariffs vary by the size of the customer. Utilities usually define a

customers size by the value of its annual peak load.

Consider Time-Sensitive Rates

In addition, a growing number of utilities offer prices that vary with the time of day.

Three such price structures are time-of-use rates (or TOU), critical peak pricing (orCPP) and real-time pricing (or RTP).

Under TOU rate structures, the amount you pay for electricity varies by the time of

day, broken into daily peak and off-peak blocks. It is the most prevalent form of time-

based rates, and many utilities now require their larger commercial and industrial

customers to be on them.

If you can shed load during peak times (for example, at midday) you can save money

compared to paying a flat, fixed rate.

Critical peak pricing is a relatively new variant of time-of-use. The key difference

is that the utility adds a fee for usage during a critical peak period and levies a

significantly higher price for only a few days or hours a year.

Real-time pricing exposes customers to hourly price fluctuations, typically based

on real-time or day-ahead wholesale prices. According to a report by the Lawrence

Berkeley National Laboratory, more than 70 utilities in the United States have

offered voluntary RTP tariffs permanently or in pilot programs. One challenge of

RTP is that pricing can be volatile, so you have to be able to adjust your demand

level quickly in response to rising prices.

If youre a big user of energy and can shift your load from one time of day to another,

consider signing up for a time-sensitive rate.

Despite the complexity of tariffs, they can present big opportunities for cost reduction if you know how

to interpret them and have detailed usage data to determine your best rate structure for each.

Check the Best Rate for Each Facility

If you operate multiple facilitieseven if only one or a few utilities serve them allyou may benefit from

getting the most economical tariff rate for each facility.

WHAT DATA TO CAPTURE FROM

YOUR UTILITY BILLS

In many organizations the Accounts Pay -

able department is responsible for captur-

ing data from utility bills.

Understandably, they often capture only the

data they need for their own purposes, such

as the amount paid and the date of payment.

For effective energy management, you

would be much better off capturing the fol-

lowing data at minimum: Name of utility

Type of energy purchased

Monthly energy usage and appropriate

units of measure (kWh or therms)

Billing term dates

Base tariff rate paid

Rebates or credits applied

Taxes or other surcharges paid

Electrical utilities may include as many as

275 different data elements on their bill-

ing statements. Natural-gas utilities may

include as many as 250.

As a rule, the more of this data you capture,

the better youll be able to manage your costs.

For a more complete discussion of this

topic, please check out Verisaes

Utility Bill Processing
http://www.verisae.com/page/1/utility-bill-processing.jsphttp://www.verisae.com/page/1/utility-bill-processing.jsp


8/13



Your evaluation gets much more complex if your organization operates dozens,

hundreds or thousands of locations in many states or even across national borders.

The number and variety of tariff schedules is much greater, and your volume of

historical usage data must be quite large.

If You Operate a Large Number of Facilities

It can be a challenge to collect and compare tariff information from dozens of

utilities even within a single country. Unfortunately, no single database provides easy

access to tariffs for all utilities across the United States. The Lawrence Berkeley

National Laboratory has taken the first steps toward offering such a database

through the Tariff Analysis Project (or TAP). The TAP database presents tariff data

in a consistent manner across utilities, but it is incomplete.

The good news is that the bigger and more complex your operation, the bigger your

opportunity for savings.

How to Get Your Utility-Rate Analysis Done

You have three options for getting this utility rate analysis done:

1. You can do it yourself, using internal resources and spreadsheets or whatever

systems you use now.

2. You can hire a service provider to do it for you each time you need it.

3. You can work with third-party software that enables you to do it whenever you like. With such

systems in place, you can repeat the process any time you think your energy usage patterns or

utility tariffs have changed enough for you to reevaluate your options.

If you spend more than about $2 million a year on energy, you may find it economical to hire full-time or part-

time analysts to check the potential savings for each rate scenario.

If your internal systems are inadequate, if you face headcount constraints or if you think your opportunity

for savings is relatively small, your best option may be to use third-party software that helps you make

your decisions. It will probably cost less than you think.

4. Avoid overpaying. Find and eliminate billing errors.Do you have effective ways to identify and manage utility billing errors? If not, you can probably reduce

your total energy spending by 1% to 3% by putting such measures in place.

Utility billing errors are typically of one of two types:

The utility charges you a higher rate than you should be paying.

The utility makes a mistake reading your meter and charges you for more energy than you used.

ENERGY DEREGULATION BY

JURISDICTION

Energy deregulation has occurred in these

17 U.S. jurisdictions:

Arizona New Hampshire

Connecticut New Jersey

Delaware New York

District of Columbia Ohio

Illinois Oregon

Maine Pennsylvania

Maryland Rhode Island

M assachusetts Texas

Michigan Virginia

If you operate in one or more of these

deregulated areas, you can probably benefit

from competition among energy providers

who want your business.


9/13



In Verisaes experience, the first error is much more common. But the more utilities

you work with, the more opportunity you will have to uncover errors of both kinds.

Some organizations use their own resources or third-party services to conduct periodicaudits of their utility bills. Verisae has worked with one company that discovered a $3

million billing error through such an audit.

Periodic audits can certainly help. But internal auditing groups may not be able to

perform audits as often as would be best for catching most errors. Any audit is time-

consuming and resource-intensive if you dont have easy access to utility data. And

audits can be expensive if you use outside services to conduct them.

Use Systems to Monitor Your Utility Bills

As an alternative to performing audits, you can also set up systems and or servicesthat will catch such errors as they occur. This approach has these advantages:

It monitors for errors constantly rather than periodically.

You can catch errors earlier so you have better cash flow and can put your

money to better use.

You can avoid negative effects on quarterly financial statements.

It may cost less than periodic auditing.

You may find it most cost effective to work with a third-party vendor that can

provide utility-bill processing services for you (sidebar, p. 7).

5. Take full advantage of rebates, tax breaks and other incentives.

Is your organization overlooking ways to get help in paying for your energy-

conservation initiatives?

In many cases you can get some or even all the cash you need without applying for

loans. You may need to look no further than your energy utility, which might reimburse

part or all of your costs.

Many electrical and gas utilities offer their customers rebates to encourage

investment in energy-conservation measures. The payments cover equipmentsuch as heating, ventilation and air-conditioning systems, lighting, motors,

occupancy sensors, cooking equipment and more.

Lots of Money Available

How common are such rebates? They are common enough to make it worthwhile to do some research. U.S.

electric and gas utilities collectively offered more than $3 billion dollars to corporations in 2008.

IF YOU DECIDE TO LOOK OUTSIDE

FOR HELP

Your cost to implement a utility bill-process-

ing system usually includes a small fee for

initial setup and then a low fee for per invoice

to scan the invoice, enter and verify the data,

and make the data available on the Web.

The fee you pay per invoice can be lower

than the price of a cup of gourmet coffee. Its

probably also lower than your internal cost.

Providers of utility-bill processing servicescan implement within two to three months.

During that time you work with your utilities

to redirect their bills to the service providers

post-office box.

The service provider can either pay the util-

ity bills on your behalf or can set up a web-

services arrangement with your Accounts

Payable department. You can retain control

over the bill-payment process if you like.

With an effective system in place your

provider can set up rules to:

hold payment for bills that are more

than 25% higher than the previous

months bill

hold payment for bills that do not

match your master list of facilities

contact the utility if the bill does not

arrive when expected.Such rules can identify anomalies to help

you avoid billing errors and late fees.


10/13



Utilities offer these programs because their state regulators require them to do

so. Ultimately, it is more economical and better for the environment for utilities to

motivate you to reduce your energy demand rather than building more production or

distribution capacity.

To compensate for the utilities investment in helping you reduce your demand,

state regulatory agencies pay the utilities a guaranteed rate of return. This return

is in addition to the money utilities can recover beyond the cost of these programs.

It means you ultimately pay for such rebates and incentive programs through your

monthly bill, whether you take advantage of them or not.

You Pay for Rebates Even If You Dont Use Them

If you dont take advantage of these programs, its almost like paying multiple

timesfirst through your bill, next through your failure to get some of that money

back, and third through your failure to save money by reducing your energy use.

Worse yet, you also pay for the benefits your competitors can get by taking fuller

advantage than you do.

In addition to mandating rebates and incentives, most state governments invest

heavily in making money available for Energy Efficiency Resource Standards (or

EERS). EERS provides a market-based way for states to encourage more efficient

generation, transmission, and use of electricity and natural gas.

EERS establish targets for utilities to save energy, They also establish ways forutilities to help their customers achieve and document energy savings. Laws or

regulations that create EERS or EERS-like programs are either in place or are in

place in Texas, Hawaii, Nevada, Connecticut, California, Vermont, Colorado and

Pennsylvania. They are soon to be implemented in Illinois and New Jersey.

If you havent already taken a close look at EERS in the states where you operate, it

may pay well for you to do so now. But be forewarned: EERS involves a fair amount

of complexity. Youll need a strategy for how to manage your participate without

consuming too much internal resource.

Consider Possible Tax Incentives

Finally, most states allow tax exemptions for utility costs to organizations engaged in production and

manufacturing. If you can show that your facilities do either, the related portion of your utility bill should

be tax exempt. In many states you can recover the exemption up to seven years after the fact. A good

audit of such opportunities can provide an immediate payback that may be quite large.

CHALLENGES IN MANAGING

REBATES

Big organizations face special challenges in

participating in rebate programs:

Lack of standardization. More than

2,000 utility companies operate in the

United States. The more of these utili -

ties you work with, the more time and

resources you must invest to under-

stand your options. You must contact

the rebate department in each utility,

research what equipment qualifies for

rebates, and obtain the forms you need.

Varied requirements. Some utilities

require you to submit plans in advance.

Some mandate facility inspections both

before and after a project. In some

cases you must submit an application

before you install equipment. In others

you can submit it within six months

after. It can be hard to meet suchdiverse program requirements.

Timing. Rebate programs operate on

different cycles. One utility may run its

program from June through July, while

others from January through December.

Programs often change from year to

year, so each new year can bring new

incentive amounts and changes to the

kinds of equipment that qualify.


11/13



If you have adequate staff resources and the desire to explore your options on your

own, start your research by visiting the websites of your utilities and your state

energy offices.

If you choose to hire a service provider (sidebar), its important to find one that

understands utility rebate programs and also understands the mechanical and

electrical specifications of energy-consuming equipment. Such knowledge and

experience can help you in two ways. It can guide you toward alternate equipment

that may help reduce your energy consumption in the future. And it can help you

secure larger rebates from your utilities.

6. Dont let utilities sit on your deposit money.

When you open a new facility or establish a new energy account, most utilities will

require you to pay a deposit to ensure they will get their money even if you miss pay-

ments. These deposits can be in the tens of thousands of dollars. Some utilities will

accept a surety bond or letter of credit in place of a cash deposit.

Rules vary by utility, but most utilities require you keep your deposit on file until

youve established that you consistently pay your bills on time. They may keep

your deposit for a year or longer.

To get your deposit back as soon as possible (with interest, if your utility will pay it),

track both the amount of deposit you pay each utility and also the utilitys rules for

getting it back. In Verisaes experience, it can be a mistake to assume that allutilities will be proactive in returning your deposit money. You may have to shake

the tree to get it.

7. When you open or close locations, be sure your utility adjusts you to the

most favorable rate as soon as possible.

When you build new facilities, most utilities provide energy at temporary construction

rates until you open for business. These rates per kWh are usually higher than nor-

mal because the site uses less energy during construction. You dont benefit from

volume pricing.

In addition, the utility may charge you a fee for getting power to your location. Fees can range from

$10,000 to more than $1,000,000, depending on site requirements, ownership of feeders, primary and

secondary supply needs and other factors.

You can save money by ensuring that the transition from your construction rate to your normal operating

rate occurs quickly. If you have similar facilities operating with the same utility service territory, you can

use the billing history for your established facility to determine the best rate for the new one. If you dont

IF YOU DONT MANAGE REBATES

FOR YOURSELF

Multiple service providers enable you to out-

source some or all of the effort of managing

utility rebates. They research the kinds of

equipment that qualifies for rebates from

each utility. They also know the utilities pro-

cesses for obtaining rebate payments.

Outsourcing of rebate processing has mul-

tiple benefits. Experienced service providers

can offer turnkey services that leverage

their relationships and their years of experi-

ence working with utility program managers.

Service providers often offer incentive-based

payment structures whereby you pay them

only a percentage of the monies you receive

from your utilities.

Such providers can also offer insight and

initial screening of projects. They can help

prioritize your energy-efficiency projects.

They can also advise you on the opening andclosing dates of rebate program cycles.

Many of these companies become deeply

involved with your business. They may work

directly with your equipment vendors to secure

required specifications and invoice documents.

They can also help track down rebate incen-

tive checks. They have a stake in getting your

projects completed so they can be paid.


12/13



have such information, you may have to estimate the best rate until youve accumulated a full year of

baseline consumption data for the new facility.

If you close, sell, or otherwise transfer responsibility for your operations at a location, take care tochange your relationship with the utility as quickly as possible. Often when you transfer a location to a

non-operating property, its energy use will change enough to be billed at different tariff rates.

8. Take advantage of other special programs your utilities may offer.

In addition to rebate programs, many utilities offer free energy audits and special rate tariffs tailored

to specific needs. Research the website of each utility company or contact your utility account

representative to determine if they offer any services that will help save you money.

SUMMARY AND CONCLUSIONS

This report has presented eight suggestions for reducing your energy costs on the supply or

procurement side.

Your ability to implement any of these recommendations requires ready access to good data that

present a clear picture your energy costs and energy-consumption patterns over time.

If you draw only one conclusion from this report, we hope it is this: If you arent already capturing all

the data that appears on your utility bills, you will benefit from beginning to do so immediately.

You may capture this data yourself or you may look outside your organization for help. Whichever path

you choose is less important than getting started now.

If you cant capture your data effectively with internal resources and systems, wed appreciate the

opportunity to discuss how Verisae can help.

With Verisae you can start as small as you like and go at whatever pace you like. To get started with us

is probably faster and easier than you imagine. It is probably also less resource-intensive, less disruptive

and less expensive.

INFORMATION RESOURCES

For additional information on the Tariff Analysis Project (or TAP) of the Lawrence Berkeley National

Laboratory, visit http://tariffs.lbl.gov/ .

For more information on time-sensitive pricing of electricity, see Time-Based Energy Pricing, a Verisae

white paper by Rachel Schafer. Request a free copy at [email protected] .


13/13

SRP and Sustainability Resource Planning are trademarks of Verisae Inc. 2010 Verisae Inc. All rights reserved. Energy-Cost-Sav ings_Version1.0


ABOUT VERISAE

Verisae helps measure, manage and reduce equipment and energy costs including the related business

and environmental impacts of carbon emissions. The Sustainability Resource Planning (SRP) platformimproves operational efficiency, protects brand integrity, and helps ensure regulatory compliance for

distributed enterprises across many industries. Verisae delivers a broad range of sustainability solutions

to over 44 clients globally with more than 63,000 daily users including a network of more than 7,400

third-party suppliers. Verisaes integrated sustainability platform actively tracks over 2.4 million assets

across more than 21,000 sites worldwide.

VERISAE WORLDWIDE HEADQUARTERS100 North Sixth Street, Suite 710A MAIN WEB EMAILMinneapolis, MN 55403 USA 612 455 2300 www.verisae.com [email protected]

9 Ways to Reduce Energy Costs (Wp01)

Documents