By Sandy Gutner, P.E., President, ROI Energy Services
EEPA, or Energy Efficiency Paralysis by Analysis, needlessly affects millions throughout the US, and the world. Some call it Energy Efficiency Performance Anxiety. EEPA is nothing to be ashamed of. It’s just a number. And it can be easily fixed.
You know energy efficiency is a universally accepted “win-win”. You know it will boost your bottom line make your organization more competitive. You even know it will improve your sustainability profile. If this describes you, you’re probably suffering from EEPA.
What are the Causes of EEPA?
OK, I’ll admit it. I made up the term EEPA, but the reality is most businesses are missing opportunities to improve their bottom line. How do you know if you have it?
• You feel confused and overwhelmed with information
• You don’t know whom you should trust.
• You’ve gotten many new insights about your energy use, now you think there is so much more to explore, and maybe you’d better do some more research.
• You feel like you need even more information before making a decision but in your heart you know that more information might make your EEPA worse.
If any of these indicators or similar excuses is stopping you from cutting electricity costs, you probably have EEPA.
How did you get to this point? You’ve been thinking about energy conservation, but…..
• “You’ve done an energy audit, and one of your contractors/suppliers/advisers/vendors (circle one) has other suggestions”;
• “Your engineering or technical staff wants to study it further”;
• “You’ve heard renewables are looking more attractive”;
• “Someone in your golf foursome, poker game, advisory committee (circle one), mentions that technology is advancing so quickly that it would be better to wait a couple of years”.
Most likely, you do not even realize you have EEPA.
How Is EEPA Affecting You?
Simply stated, if you have EEPA you’re giving the cash that could be used to streamline your operation and giving it to your electric utility. Unlike other capital investments, the cost for energy efficiency solutions are already covered by the savings gained. When these costs are financed the savings exceed the finance costs yielding a positive cash flow. You can see an example of this right here. On the flip side, delaying energy efficiency is actually costing you money. The Cash Flow Opportunity Calculator, developed by Energy Star can help you determine the actual and opportunity costs of waiting.
How Can You Treat EEPA?
The solution to EEPA is not more information, just better information from a trustworthy source, that addresses your specific and unique needs, and that provides clear actionable steps. The most important information for most management and executives is:
• “What is the payback”,
• “Will it affect my operations or workspace environment?”
• “What will I have to do?”
• “How do I know I will really see the savings?”
That is why ROI Energy Services takes the approach of managing the details and delivering a package that meets a guaranteed payback and ROI. We study your system, design a solution that is customized to your needs, meets your required ROI and payback period, and whose savings is guaranteed. Our approach delivers a specific, actionable recommendation with a firm not-to-exceed cost, and guaranteed ROI. We will worry about whether LEDs are cost effective, and where, or whether other methods are better. We will determine how to make your existing equipment more energy efficient without costly replacement.
Important Side Effects
Implementing energy efficiency may result in higher profitability, better equipment reliability, longer lasting equipment, improved sustainability, productivity improvement, and many other benefits. Please consult with ROI Energy Services to discuss how to achieve these results.
Sandy Gutner, P.E., is the President of ROI Energy Services, Weston, FL
ROI Energy Services is an engineering firm that offers energy saving solutions with a unique financial proposition for our commercial and industrial clients. Our financially viable turnkey solutions help reduce one of the most challenging operating expenses – energy consumption– and are paid for by the savings from reduced electricity costs.
Guaranteed Energy Savings Offers Unique Financial Proposition
ROI Energy offers a unique financial proposition to commercial and industrial energy consumers by creating energy savings solutions tailored specifically to meet their financial requirements. With a useful life many times greater than the payback period our clients reap long-lasting financial rewards. If the energy savings is less than our guarantee, we pay 100 percent of the shortfall –guaranteed
Renewable Energy, Water, Wastewater and More – 25 Years Engineering Consulting
The ROI Energy team has more than 25 years of experience providing engineering consulting services to public and private sector clients. We have represented owners’ interests in a wide variety of large-scale infrastructure projects including renewable energy, water, wastewater, and many others. The insight gained from this perspective has led us to our primary focus, which is adding value in everything we do.