The Future of Energy Efficiency: Trends to Watch
With a strong desire for sustainable growth comes a new wave of energy efficiency in the industrial sphere. Manufacturers specifically are known for high energy consumption, putting them at the forefront of the trend. Tech is advancing fast, prompting manufacturers to find creative ways to cut energy waste and save dollars. These are the top 3 trends we’re noticing in the industry right now:
LED Lighting Implementation
I guess you could say Bright As is ahead of the curve, because LED lighting implementation is more popular than ever in the manufacturing industry. Not only are these lighting upgrades a trend, they’re also a complete energy game changer. Traditional lights work, but LEDs consume a fraction of the energy, last far longer, and have fewer maintenance costs. They’re a low-key, high-impact superhero of energy efficiency, as they’re reliable and cost-effective. Switching to LEDs isn’t just about saving energy; it’s also a step towards a brighter future in the morale of your employees.
Energy Procurement
Energy procurement is becoming a strategic tool in the quest for energy efficiency, especially if done right. The days of blindly signing long term energy contracts are over. Today’s energy market fluctuates rapidly, encouraging companies to buy intentionally. The goal is to lock in the best prices, reduce unnecessary spending, and ensure more sustainable energy systems. Procurement is an art, as it can be difficult to choose when, where, and how to buy energy. But don’t worry, professionals (such as Bright As, of course) can help you find the best rates.
Sales Tax Recovery
Manufacturers are noticing that they’re leaving much more money on the table than they suspected. Sales tax recovery is the answer! Tax recovery specialists can identify areas of your company’s utility bills that are being unnecessarily taxed. Different states have different laws, and it’s hard to always keep track of them. Because of this, these manufacturers are heavily relying on sales tax recovery.
Embracing the Future of Energy Efficiency
As the industrial sphere evolves, energy efficiency is a critical driver of sustainability and cost effectiveness. LED lighting implementation, energy procurement, and sales tax recovery are only three of the ways to reduce your facilities environmental impact and increase company profits. Manufacturers that invest in these practices not only thrive in an energy conscious environment but also ensure long-term success for their operations and team as a whole.