New building construction, particularly in the manufacturing, production, and processing sectors, has evolved over time. Today, the focus is on creating energy-efficient operations that reduce the footprint of the company while also helping to reduce the amount of energy used in the facility.
In the past, even the not-too-distant past, this was not the focus. As a result, there are small and large industrial and commercial buildings across the country that are not operating at the lowest cost. In fact, many of these businesses are losing money daily through inefficiencies.
Getting the Information
The first step in correcting this problem is to find out where the inefficiency is occurring within the facility. A utility survey is the ideal option. This survey looks at utility use across the board, helping to pinpoint areas where there is excessive or unnecessary use.
Hiring a company to complete a utility survey is the best option. Outside experts are more unbiased in finding areas of potential improvement. These recommendations are presented to the internal team, with support in modifications, retrofits, and upgrades to reduce energy use in the future.
Additional Services
The top providers typically do more than just a utility survey. They can also work with the business to complete a predominant use study to allow the business to obtain a utility tax exemption and even a refund for overpaid utility taxes.
The savings from a predominant use study and a survey can easily pay for the cost of the service. In addition, the business continues to save money in the future, creating a win-win situation.
To talk to the experts at B. Riley Financial, Inc. about a utility survey or predominant use study for your business, visit us online. Information on all we offer can be found at brileyfin.com.