How can you address energy management initiative misconceptions?

2 Misconception 2: Energy efficiency measures have long payback periods

Another common misconception is that energy efficiency measures have long payback periods, meaning that it takes a long time to recover the initial investment through energy savings. While some measures may have longer payback periods than others, there are many factors that affect the return on investment (ROI) of energy efficiency projects, such as the energy prices, the baseline energy consumption, the incentives and rebates available, and the maintenance and operation costs. Moreover, energy efficiency measures can also generate other benefits that are not directly reflected in the payback period, such as improved indoor air quality, increased productivity, reduced greenhouse gas emissions, and enhanced reputation. Therefore, FMs should consider the holistic value of energy efficiency measures, not just the payback period.

3 Misconception 3: Energy management initiatives require complex technologies and systems

Some FMs may also believe that energy management initiatives require complex technologies and systems that are difficult to install, operate, and maintain. However, this is not necessarily the case, as there are many simple and effective ways to improve energy performance without relying on sophisticated equipment or software. For example, FMs can implement behavioral changes, such as educating staff and occupants about energy conservation practices, adjusting thermostats and lighting levels, and turning off or unplugging unused devices. FMs can also adopt operational changes, such as optimizing schedules and settings of HVAC and lighting systems, performing regular maintenance and repairs, and replacing inefficient or outdated appliances and fixtures. These actions can have a significant impact on energy consumption and costs, without requiring complex technologies and systems.

4 Misconception 4: Energy management initiatives are one-time projects

Finally, some FMs may think that energy management initiatives are one-time projects that are completed once the energy efficiency measures are implemented. However, this is a misconception that can undermine the long-term success and sustainability of the initiatives. Energy management initiatives are not one-time projects, but ongoing processes that require continuous monitoring, evaluation, and improvement. FMs should track and measure the energy performance and savings of their facilities, using tools such as energy meters, dashboards, and reports. FMs should also review and update their energy policies, plans, and goals, based on the feedback and results of their initiatives. FMs should also engage and communicate with their stakeholders, such as staff, occupants, management, and contractors, to ensure their support and participation in the initiatives. By doing so, FMs can ensure that their energy management initiatives are effective, efficient, and enduring.