Prioritizing energy-efficiency investments is similar to making a good financial decision. You want to invest your money in areas that yield the highest returns. To accurately determine which projects will have the greatest financial impact, consider the following factors:
- Cost of project
- Yearly savings gained from upgrade
- Discounts, rebates, or other incentives
- Cost of training staff
- Disruptions to business operations
Prioritize projects by determining the number of years it takes to recoup your initial investment costs. Shorter payback periods usually equate to the best financial returns.
Taking action, even in small ways, contributes to immediate energy savings. Prioritize projects and establish realistic goals. Start with something simple, such as encouraging employees to turn off the lights when they leave a room. Then, develop a plan that allows you to move on to larger savings.
Stay focused. Even well-thought-out efficiency plans can be derailed.
Common pitfalls include:
- Loss of focus
- Funds unexpectedly diverted to other needs
- Contractor conflicts
- Partial implementation
- Unmet expectations
- Poor equipment performance
- Unrealistic energy baselines and benchmarks
Every day will bring new challenges. Yet, in spite of false starts and unintentional delays, energy efficiency can make a difference. The investment has a real impact on your balance sheet, your company culture, and the good will of the community at large. Remember, as you develop and implement your plans, you have a strong partner in your corner. TXU Energy is here to help you every step of the way.
Together, we can make Texas a more energy efficient and productive place for all.
To see how TXU Energy
can help with your business's efficiency goals, call us at 1-888-259-0044 or request a customized quote