There are two general ways to hold down utility costs:
Approach 1 - Supply Side
Managing the commercial relationships between a building owner and utility companies. Involves analyzing utility history, evaluating available rate tariffs against usage profiles, negotiating with suppliers. Supply side cost control is essentially effective procurement and oversight. It builds on management and accounting practices comparable to those used for other business activities, but adapted to utilities.
Approach 2 - Energy Conservation (Demand Side)
Influencing the way energy is used in the building, either by changing operating practices or by changing systems and equipment. Aside from saving money, this approach to energy cost control is a key component to Sustainability Plans and Corporate Social Responsibility initiatives.
ManagingEnergy is a comprehensive collaboration environment to handle the information and processes to combine both approaches.
It is an enterprise-level energy data and information system that supports the planning, implementing and reporting on energy efficiency programs and projects in buildings and building portfolios.
It incorporates all of the functionality to integrate ongoing utility cost control into your existing management systems.
And it is built on a true Web-native platform, which is extremely easy to use and support.
Use the tree view to drill down into building assets and underlying information.