October is Energy Awareness Month. What better time to identify opportunities for improving the efficiency of your operations and develop an action plan? By reducing energy costs, you can lower operating expenses and boost your bottom line.
Earlier this month, we celebrated National Manufacturing Day, and PECO was proud to sponsor the annual DVIRC Greater Philadelphia Manufacturing Summit. According to the Energy Information Agency (EIA), manufacturing accounts for one-third of the energy consumed in the United States. While manufacturing has become more efficient over the past 20 years – reducing energy intensity by 26% and increasing gross output by 12% – there is still plenty of opportunity for efficiency improvements.
As you start budgeting for the year ahead, make sure you incorporate energy-saving projects into your capital improvement plans. By this time next year, you’ll have more reasons to celebrate Energy Awareness Month.
Need help getting started? Find a PECO Trade Ally. They have the expert knowledge and services that can deliver energy and cost savings for your business – and make applying for your financial incentives more convenient.