With Energy costs set rise over the coming years and reducing
energy consumption becoming a necessity for companies, it is vital to be able
to monitor and predict your company’s energy performance.
Regression Analysis allows you and your company to define the
relationship between energy consumption and its driving factors. It also allows
you to calculate your company’s expected energy consumption.
Setting regression targets has a number of benefits. It encourages
your management team to determine how low a level of energy consumption is
achievable, as well as increasing understanding on what the main causes of
consumption are for your company. By aiming to achieve these targets, you are
lowering your consumption and therefore cost!