Energy efficiency is the first response to growing energy demands, increasing carbon absorption requirements, and addressing fossil fuel constraints. Businesses strive to enhance their Net Operating Income (NOI), but rising labor and O&M costs, declining traffic, and increasing competition are creating significant financial pressure.
Higher utility bills, rising diesel and gas costs, and escalating labor expenses contribute to this challenge, ultimately decreasing NOI. With utilities accounting for 15-30% of total O&M costs in most businesses, reducing energy expenses has become a key focus for cost-cutting initiatives. Implementing energy efficiency measures can help businesses mitigate these financial burdens while promoting sustainability.