Role of a Facility Manager in the Financial Management of a Company

The facility manager should be careful on monetary aspects of services. Efficiency improvement on overheads is one of the best ways of saving money. Proper Energy Efficiency Solutions can save money by reducing the energy usage.

OPTIMIZE LIGHTING

Consider the age of your lighting system, placement, controls and light levels. Usage of dimming controls, occupancy sensors, light harvesting technology.

THERMAL ENVELOPE

To prevent heat transfer from the interior of a building to its exterior in winter and vice versa in summer need proper envelopes like outer walls, roof, foundation, windows, and doors.

POWER FACTOR

Your electricity power factor is a measure of how efficiently your site uses electrical power. PFC equipment can be used to lower your power factor to reduce your electricity costs.

HVAC EFFICIENCY

HVAC systems consume a large amount of energy used in a building. For this reason, every season requires an audit of boilers and chillers to ensure they are running at peak efficiency.

CONSERVE WATER

Water Sense toilets and urinals can decrease water consumption with every flush. Installing water-efficient faucets fitted with automatic on/off sensors also limits water consumption.

EMS

An EMS allows you to track and monitor your energy usage in real time. It helps you to take corrective measures based on the information

FACTS ABOUT ENERGY SAVING

Lovin’s Rocky Mountain Institute points out that in industrial settings, “there are abundant opportunities to save 70% to 90% of the energy and cost for lighting, fan, and pump systems; 50% for electric motors; and 60% in areas such as heating, cooling, office equipment, and appliances.” In general, up to 75% of the electricity used in the US today could be saved with efficiency measures that cost less than the electricity itself.

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