Energy Budget Development
Effective energy budgets look over the horizon to account for variables that could influence your total energy spend and how you buy energy: market volatility, rate increases, and changes within your operations
Many energy cost drivers can be unpredictable. That’s why some energy buyers forecast their energy budget needs by simply applying an arbitrary percentage increase over the previous year. The most accurate budgets address each factor that affects the overall energy spend and projects each impact specifically during the budgeting process.
Schneider Electric’s energy management consultants look at the past to help you buy energy smarter. We use a proprietary energy price forecasting model to study how primary factors will affect energy costs across your portfolio. As we build that intelligence into site-level energy budgets, we also create a single, enterprise-wide budget, a critical component for any corporate energy buyer.
> Current energy contracts
> Fixed market positions
> Historical consumption data
When your energy budget is backed by historical operational data, you can feel confident when you buy energy. A comprehensive energy budget with Schneider Electric will help any energy procurement team plan for energy costs by giving employees throughout your organization access to site-level and enterprise-wide budgets online through Resource Advisor, our award-winning energy and sustainability software.
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