As energy professionals across private and public sectors are asked to tackle new challenges, from compliance and cost control to carbon reduction, many are turning to their energy data to make well-informed decisions. The new Streamlined Energy & Carbon Reporting framework (SECR) means more businesses than ever are data gathering
So, how can organisations harness their data to benefit their business?
From P272 to growing regulatory requirements, businesses now have access to more data on their energy usage than ever before. Having such a detailed insight into their energy consumption can be incredibly useful, but making sense of such a large volume of data can also be daunting for stretched energy managers.
That’s why more businesses are investing in energy management software, which simplifies the process of analysing and utilising the wealth of energy data they collect and turns it into actionable insight.
Gain true data visibility
For organisations with large and complex site portfolios, gaining a clear picture of their energy usage typically involves processing hundreds of spreadsheets across hundreds of properties. Energy monitoring and targeting software makes this task much simpler by bringing reams of data together in one place, giving energy managers an at-a-glance view of their energy profile.
This enhanced visibility should enable them to profile sites, establish patterns and benchmarks and create tolerance levels far more efficiently. Monitoring features should also help energy managers to quickly identify any anomalies that suggest energy wastage and ensure they’re not paying more than they need to be for their energy. It’s estimated that organisations can save up to 25% on their energy bills by focusing on energy wastage and acting on opportunities to reduce it.
Streamline processes
Energy management software can also be useful when it comes to streamlining a wide range of processes, from financial tasks to compliance processes.
This year, many organisations will be focusing on energy reporting, with deadlines for compliance schemes such as ESOS and SECR on the horizon. Both of these schemes require businesses to collect data on their energy consumption, which can be an admin burden for energy managers. However, with the right energy management software, they should have the data they need at their fingertips, along with the ability to extract annual reports and maintain records that are easily auditable.
Financial processes and billing can also be simplified with energy management software, from identifying discrepancies and consumption anomalies in utility invoices to producing invoices for tenants.
Prioritise action
As energy managers are given wider remits and increasingly heavy workloads, they will need management software that minimises data processing and admin so that they are free to focus on taking action.
With the right energy management software in place, which can turn raw data into actionable insight and simplify arduous financial and reporting processes, it energy managers can dedicate their time to driving down consumption, cutting carbon and delivering cost savings.
Energy management made simple
Many businesses are already using energy management software SystemsLink to take control of their energy consumption. As the UK’s most sophisticated energy monitoring and targeting software, organisations can use SystemsLink to track utilities across their portfolio, create clear profiles and identify anomalies and wastage. This way, energy professionals can focus on action rather than data processing.
To find out more about how SystemsLink could benefit your organisation, call 01234 834650 or email sales@systems-link.com.
