It is becoming increasingly important for organizations to drive their mission with sustainability in mind – external pressures from government and activists to not only abide by regulations but aim to cut back on all excess waste has forced companies to rethink their practices. According to LNS Research, there are six components in Enterprise Sustainability Management – Environment, Health, and Safety (EHS); Energy Management; Carbon Management; Operational Risk Management; Product Stewardship; Sustainability Reporting. While all of these play important roles in Enterprise Sustainability Management, we are going to focus on Energy Management and Sustainability Reporting.
As electricity users enter the summer months, they should be aware of the Summer On-Peak Demand Charge which is added to their electric utility bill. This demand charge is evaluated weekdays between the hours 1PM to 5PM, 12PM to 6PM, or 4PM to 9PM depending on your electric utility company and rate tariff. It is important because it is an additional charge assessed between $11 and $23/kW depending on your rate tariff. This is commonly a 25 to 30% cost added to your bill, which is significant.