The equine industry’s operating costs are increasing through increased energy costs. Equine facilities operate 365 days a year. Many facilities tend to have older less efficient equipment.
This is why it is essential to work with an energy management company to increase your energy efficiency and control your costs.
Understanding energy consumption in Equine sector
Contrary to belief oil prices do not affect electricity prices in Ireland. Ireland's electricity comes from a variety of generation plants consisting of coal, oil, gas, peat and, in recent years, an increasing amount of renewable generation mostly in the form of wind power.
Gas is the key fuel in Ireland’s power generation, with in the region of 60% of our electricity currently generated from imported natural gas.
Gas prices fluctuate throughout the year. Like any commodity it goes up in price and it drops in price but one thing is certain – year on year the cost to business users increases.
Energy cost fluctuations can play havoc on a facilities budgets. Longer colder winters can be difficult enough to budget for but couple that with fluctuating prices and the challenge results in ‘best guesstimates’. Energy costs directly affect profit margin and unless properly controlled
will result in profit erosion.
How to make savings with Digren Energy
There are a number of ways to substantially reduce energy costs. These vary from no cost, to low cost, to high capital expenditure projects. However, The best way to maximise savings is to implement an energy plan specific to your facility and budget. A significant barrier to using energy efficiently is a lack of awareness.
