Energy Budget Development
Effective energy budgets look over the horizon to account for variables that could influence your total energy spend: 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 prepare for the future. 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
Today, energy procurement, efficiency, and sustainability strategy interconnect as never before. Your organization’s programs can combine to deliver a clear path forward for business growth. Take a look at Schneider Electric’s solutions to meet your unique challenges.
When your energy budget is backed by historical operational data, you can be sure it’s reliable. 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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