Manufacturing
Overview
Manufacturers account for approximately 25 percent of total energy consumed in the U.S. Energy is a significant cost item and one that financial and operational leaders must manage proactively to remain competitive in the face of rising energy costs and inflation.
While most manufacturing professionals know this and dedicate significant organizational resources to managing their energy usage, many are unaware of just how many dollars are lost to billing errors and sub-optimal utility plans. Whether you are trying to free up your budget for capital investments, seeking ways to amplify savings from your energy efficiency initiatives, or simply wanting reassurance that your bills are free of errors and overcharges, we can help.
Savings Numbers
Type | Max Annual Savings | Average Annual Savings | Max Refund | Average Refund |
---|---|---|---|---|
All Manufacturing | $235,048 | $12,985 | $333,993 | $12,178 |
Concrete/Mineral | $84,413 | $21,755 | $22,555 | $7,078 |
Food/Beverage | $104,351 | $10,462 | $32,309 | $8,978 |
Furniture | $120,499 | $17,185 | $58,256 | $6,922 |
Lumber/Wood | $85,556 | $14,306 | $40,281 | $6,520 |
Machinery/Electronics | $20,880 | $3,384 | $26,511 | $3,941 |
Metals | $21,797 | $5,164 | $11,467 | $5,427 |
Chemical/Petroleum | $40,140 | $10,622 | $23,085 | $10,924 |
Paper/Printing | $28,295 | $6,059 | $9,489 | $3,817 |
Plastics/Rubber | $116,535 | $16,618 | $15,243 | $5,799 |
Textiles/Apparel | $32,216 | $4,801 | $100,000 | $16,556 |
Case Studies
Lyon Shipyard
STF Precision a high-quality diamond-tipped cutting tool manufacturer excels in manufacturing high-tolerance cutting tools. STF approached UMS seeking to lower their natural gas and electric bills through our off-site utility bill audit and analysis. Our analysts were able to pull 2 years of historical billing data directly from STF’s power provider to complete an in-depth analysis where there were several findings. All opportunities found required no operational changes or capital investments and resulted in over $24,000 in ongoing savings.
Prinston Pharmaceuticals
Prinston Laboratories has specialized in manufacturing generic solid dosage products since 1983. They also offer pharmaceutical contract manufacturing (CMO) tailored to fit their client’s needs. UMS pulled 12 months of their historical billing data directly from their power provider, completed the analysis, and found over $80,000 in savings through different opportunities. Significant savings were realized with little work on their side. Prinston was so happy with the services they then recommended UMS to other businesses and organizations.
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