Can Outsourcing Utilities Increase Efficiency and Support Sustainability?
Managing utilities can be time consuming; you want to find the best offers available, along with the best solutions for the environment. Entrusting energy management and water supply to third-party providers can enable you to streamline operations and improve efficiency.
Benefits of Outsourcing
Getting the best value for money can be complex and expensive, however, many companies out there can help you with managing your utility bills and finding the perfect fit for your business.
Flexibility
Third-party providers can offer flexibility when your operations grow and business expands. With this growth, your utilities requirements are likely to change and fluctuate; third-party firms help to manage this by easily identifying new options for your energy bills. This ability to adapt to changes is ideal when your business grows, as they can offer scalability to adjust operations in response to the business outlook, in addition to changes in the market.
Efficiency
Having knowledge of the industry and economy will be essential for getting your utilities at the best rate, from companies that you can trust. Utility management firms will have knowledge of energy and water procurement and can liaise with suppliers for query resolution.
Additionally, they have access to specialist systems and technology to maximise efficiencies to find effective solutions, paired with advanced analytics to optimise your energy efficiency and consumption. Using this data, they are also able to identify areas of energy improvement in your business, with actionable insights to reduce your environmental impact, and thus improve efficiency.
Cost Savings
Whilst managing utilities in-house requires investment of money and time, third-party providers take this responsibility from you, with the added ability to look at economies of scale to offer you the best options.
Utility management firms already know the best deals available, as well as having a wide understanding of the current economic and unique industry landscape, meaning they can look at the best solutions tailored to your organisation to deliver results.
Additionally, they are in the perfect position to negotiate favourable rates with suppliers, which you may not have access to by going direct.
By securing the best rates available through expert utility management, a business can significantly reduce its operational expenses, freeing up funds within your budget, and allowing these savings to be redirected into other areas of the organisation. This improved budget efficiency helps the company invest more in activities that directly contribute to growth, but also helps with giving a competitive advantage.
Energy Management
Many utility management companies have access to renewable energy alternatives, quality data and energy consumption patterns, assisting your business in evaluating renewable energy options and strategic decisions to make the switch. Transitioning to these alternatives can help the business to move to a more sustainable approach, whilst also helping with sustainability policies and ever-changing government compliance.
Carbon Footprint Tracking
Additionally, some utility management companies offer carbon footprint tracking, helping organisations to measure and monitor their environmental impact. With clear emissions data and metrics, businesses can create sustainability goals and track progress to reduce their carbon footprint.
Outlook
Efficient energy management is essential for providing optimised energy usage and bills, whilst being fundamental for the strategic management of the business. Additionally, utilising a third-party provider helps support global efforts to combat climate change and encourages businesses to reduce their environmental impact, whilst increasing operational efficiency and position the business for success.
2EA can help with your Carbon Reduction planning, to help manage your utilities. Contact us now on 01293 521 350 or email info@2ea.co.uk to discuss solutions for your business.
