When was the last time you analyzed your company’s electricity bill or looked at the data from your meters? If it’s been awhile, or you are not metering at all, you’re not alone. Many companies overlook the potential cost savings found within their utility bills. Both your electricity bill and your meters can help you cut or control utility costs. Here’s how.

Calibrated meters can reduce your energy use and costs.

An inaccurate meter can cost your company thousands of dollars a year in electricity you never consume. Calibrating your meters ensures you only pay for electricity you use. Calibrated meters also prevent your equipment from being overtaxed, prolonging its life and reliability.

SM Engineering recommends calibrating your electricity meter when you first install it, after five years of service, after it experiences any damage, and whenever you suspect its readings are inaccurate.

Data from meters identifies trends in energy usage.

When your meters are calibrated correctly, they provide valuable data that can help you save money and more precisely plan capital expenditures. Data from calibrated electricity meters provides an accurate baseline for measuring your facility’s energy use. You can use this information to reduce energy use and improve your facility’s overall operations.

Tracking electricity usage trends also helps you keep your energy costs in check. If you notice your electricity bill is increasing over time, it may be time to recalibrate your meter or schedule a utility bill audit to uncover savings opportunities.

Metered data helps you allocate resources to departments or bill tenants.

Tracking electricity usage across departments within your facility helps you more efficiently allocate resources, trimming costs for departments with low usage and properly supporting those that require more electricity. This helps streamline your operations and make them more efficient. If you lease space to tenants, data from your meters can help you accurately bill tenants for the electricity they use. You may find you’re unwittingly giving a discount to some tenants while overcharging others.

If you have had your meter calibrated but still feel you’re paying more than you should for electricity, it’s time to have your utility bill audited for errors. Contact the SM Engineering team to get the no-obligation process started.

Author Satya Garg

Author Satya Garg

Satya Garg is the founder of SM Engineering. He is a registered Professional Mechanical and Electrical Engineer in Minnesota with over 50 years of industry experience. Through his many years of working with grocery stores, manufacturing plants, large office buildings and nursing facilities, he has become an expert in reducing utility costs without operation changes.