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MAKING THE UPGRADE
HOW CAN INVESTING IN ENERGY EFFICIENCY BOOST YOUR REPUTATION, CONTRIBUTE TO YOUR STABILITY AND LONGEVITY, AND IMPROVE YOUR BOTTOM LINE
UPGRADE FOR THE BOTTOM LINE— INVEST IN COST SAVINGS
When margins are tight and the cost of business keeps rising, upgrading equipment and prioritizing energy efficiency can be daunting. However, it’s not just new builds or capital projects that should implement efficiency measures. There are many cost saving advantages to retrofitting existing buildings and thinking through all areas of your business from an energy-consumption perspective.
The impact is far more than just environmental. Energy spending is a significant portion of your annual budget, and efforts to reduce consumption will save on your bottom line. Amortizing the upfront costs of implementing these changes over a number of years, you’ll see the difference in your energy budget line every single year.
This is also a great opportunity to leverage energy efficiency tax saving or grant program initiatives from federal or provincial governments.1 The resources are there for you—take advantage!
UPGRADE FOR STABILITY—INVEST IN YOUR FUTURE
An investment today in energy efficiency is an investment in the future of your business. The future is always uncertain, but one thing is guaranteed: energy costs will rise. This is another critical reason why energy efficiency should be a critical part of your long-term planning.
Taking control of your energy consumption will allow you to budget more accurately for the year. You’ll make yourself less vulnerable to extreme temperature shifts or other unexpected situations.
An investment in efficiency is an investment in your future.