There are a variety of power system options to help businesses save money on their electrical bills. Determining if these systems are cost-effective and will result in the desired savings starts with completing an electrical energy audit.
Think of an electrical energy audit as a forensic examination of your electrical bills. The company will typically require the last twelve months of electrical bills to assess electrical use accurately. If a full year’s worth of bills is not aggregated and considered, seasonal energy use issues will provide a distorted final calculation.
What to Expect
After submitting the previous twelve months of electric bills, the company providing the electrical energy audit will complete a comprehensive analysis. This includes understanding your rate, any penalty costs your business is being charged due to power factor issues, and if you are being charged for the right usage at the right time. For example, you may be charged at the peak rate during off-peak usage, resulting in a higher bill.
After completing the analysis, the company prepares a report that includes all the findings, including any errors the power company may be making on the bill. They also create a detailed report that shows how much money the business could save by adding a commercial power solution that helps to reduce power usage across the business.
Top companies will also provide information on the return on investment of installing their system. This information allows the business owner to determine if the installation of a quality power system is the right choice.