Fri, Jul 3

Energy: Metrics

Two highly relevant metrics for analysing energy operations—which invariably involve the interest of various companies and institutions—are $/kWh and kWh/activity.

$/kWh refers to the cost of all consumed energy sources normalised to a single unit.

kWh/activity represents energy consumption relative to a specific operational measure, such as tons delivered, units produced, or—in the case of buildings—the number of occupants.

By tracking these two metrics month-by-month, one can gauge the performance of energy managers on two fronts: the cost of energy procurement and energy efficiency relative to output!

Best of all, monitoring a chart is easy, simple, and quick for everyone involved with energy management—an area that typically ranks among the top 10 (and often the top 5) cost categories.