The above topics are the state-of-the-art for more energy efficient businesses and buildings - the answer is getting the OTHER departments involved. The new imperative is to make sure the financials and operations leaders are working with the Sustainability folks.
Thanks to MassTLC and EnerNOC for another great Energy Seminar this week called, "Energy and the Bottom Line - Tracking and Managing Energy Costs to a Better Advantage" ... EnerNOC hosted the event - here is Kelly Sennatt's recap of the panel discussion - below is an excerpt:
Partners Healthcare described its investment criteria as 8-year paybacks with a 12% ROI. These thresholds still leave many energy efficiency projects within reach, including persistent commissioning and real time energy metering, which typically have less than 18 month paybacks, as well as many traditional capex measures, especially when utility incentives are taken into account. Partners Healthcare has found plenty of projects to fit within their financial metrics, as John Messervy described with the quote of the day:
"Where else can you put money in this day and age and get a 27% return on investment?"MassTLC also has shared an overview here.
The "Marketing" of this is how you are communicating your company's priorities both internally and externally - such as:
- shared Green values for employee and customer pride
- promoting the most efficient resource investments of time and money
... maximizing return on your dollar from cheaper lighting
... or HVAC monitoring software
... or more "Green" criteria for vendor selections
If you are interested in making and saving money by learning about the business side of Sustainability, please participate in this event with Concast later this year - Check out SNSX at www.SustainableNetworkSummit.com
FYI - Here is the description of the MassTLC and EnerNOC Energy Seminar...
- Cynthia Curtis, Cheif Sustainability Officer for CA Technologies
- Ernest Agresti, VP at Cummings Properties
- Moderator:Paul Sereiko, New England Clean Energy Council, NECEC
- Laurie Giandomenico, VP of Marketing and Communications at EnerNOC
- John Messervy, AIA, Director of Capital and Facilities Planning for Partners HealthCare
- Roy Stein, Co-Founder and COO of Energy Points
#energycosts @psereiko @cummingsdotcom @cynthiacurtis @lgiandomenico @partnersnews & @energypoints
Energy costs have a major impact on a company's bottom line. How are these costs tracked and managed in the financial planning process? What tools do executives (mainly in Operations, Real Estate, and Sustainability roles) use in their decision making process? How is responsibility for energy cost management distribution in the organization? How do functional organizations interact with one another to manage energy costs?
Corporate leaders with energy management responsibility will discuss how they have implemented tracking systems within their organizations. Examples of cost savings achieved and best practices/tools will be shared, with a focus on the use of technology and collaboration in managing energy costs. Speakers will also share future plans for monitoring and improving this complex area of their financial planning.
- Gain an understanding of current practices
- Learn how corporate leaders (and eventually CFOs) will use technology in the future to enhance the management of energy costs incorporated within the overall financial planning process
- See examples of how management of this important cost component can improve a company's bottom line and provide a competitive advantage.