Utility costs rank as one of the highest expenses to manage but are typically not a priority for management. Saving your company money is crucial because let’s face it, money wasted is incredibly futile in a world with such easy access to technology and knowledge. Evaluating water and energy efficiency will yield effective cost savings.
“Did you know every gallon of water has an energy footprint needed to pump, move, heat, and treat water?” according to WaterSense, a voluntary program in partnership with the U.S. Environmental Protection Agency (EPA) to provide water-saving resources and products.
How do you ensure you are being the most eco-friendly and cost-efficient in managing your building’s water?
WaterSense offers several steps you can take to manage your facilities’ water:
- Continuous water use monitoring and tracking to identify any leaks or issues
- Verify your facility is being charged the correct size water meter
- Meter all sources of water to target reductions and set up alerts to identify leaks
- Regular facility maintenance by replacing worn equipment such as valves
- Adjust sensors on toilettes or faucets to avoid double flushing or leaking
- And much more!
Real water savings depend on user behavior similar to energy. Water leaks that continually run may not be visible until you receive that large bill at the end of the month. Due to unpredictable leaks, WaterSense recommends working directly with the utility vendor to correct discrepancies or considering hiring a bill review service to receive any possible credits. However, we all know Utility companies can take up several hours of your time trying to receive any credits, and if not done within the proper window, the credit will not be given at all.
Hiring a Utility Expense Management company, like RadiusPoint can alleviate these concerns.
RadiusPoint manages the process from initial audit to vendor payment utilizing our ExpenseLogic software for services like Electric, Gas, Water/Sewer, and Waste. ExpenseLogic sets parameters, and contract rates, and hunts for exceptions with every bill to identify leaks and other inefficiencies in the system. We provide an unparalleled approach to utility bill analysis that helps your business maximize the value of your utility services going forward.
For a complete list of our reporting capabilities and service options, visit our website.
RadiusPoint is also ENERGY STAR certified
We have a fundamental commitment to both saving clients’ money on their energy bills and protecting the environment. We believe that an organization-wide energy management approach will help our clients improve their bottom line and preserve the environment for future generations. By using ExpenseLogic, our proprietary software platform, RadiusPoint customers can save on direct utility costs and millions of kWh each year.
ENERGY STAR helps organizations evaluate their energy performance and reduce energy use. Organizations are encouraged to begin by benchmarking the performance of their properties. Properties that perform in the top 25% compared to their peers nationwide (for certain property types) are eligible to earn ENERGY STAR certification. Properties that earn ENERGY STAR certification consume about 35% less energy than their non-ENERGY STAR counterparts.
To learn more about our services and how RadiusPoint can help your business meet these challenges, please visit our website or contact us today.