companies involved alternative energy

How companies involved in alternative energy can become more competitive

How companies involved in alternative energy can become more competitive

May 23, 2024

Let’s address a common misconception upfront: smart energy management isn’t about overshadowing or competing with companies involved in alternative energy. Instead, it’s about enhancing and augmenting their efforts. Companies like THOHO Energy are not the adversaries but rather the allies of those in the alternative energy sector. By offering solutions focusing on energy optimisation, we contribute to the overall success and adoption of alternative energy technologies.

As South African businesses seek to combat loadshedding, reduce their carbon footprints, and embrace renewable energy sources, it’s essential to explore how smart energy management can complement the services offered by companies involved in alternative energy.

So, how exactly does smart energy management complement the services provided by alternative energy companies?

Make data-driven decisions

Having a thorough, detailed understanding of a site’s energy consumption before installing alternative energy solutions is the optimal way for businesses to choose a solution that is correctly sized. Analysing current energy consumption patterns using smart energy management systems helps businesses and alternative energy companies identify areas of inefficiency and wastage, laying the groundwork for targeted improvements. By contrast, if a site starts with a solar solution (for example) and optimises later, it may spend more on solar panels and batteries than necessary if production exceeds demand.

Companies involved in alternative energy can significantly enhance their competitiveness by providing more accurate readings upfront to their clients. Accurate energy consumption data enables these companies to offer tailored solutions that precisely meet their clients’ needs and expectations and facilitate more efficient project planning and implementation. The ability to provide transparent and precise estimates of energy savings and return on investment also helps build trust and credibility with potential clients—giving them the edge in a competitive market.

Track alternative energy consumption

Once alternative energy solutions are in place, businesses can use energy monitoring software to track power production and consumption, including:

  • Energy consumption over time
  • Solar and other alternative electricity generation
  • Grid exports
  • Battery charge and discharge

You may also be interested in: How to choose the right alternative energy solution for your business.

Continue to optimise the energy environment

It’s important to acknowledge that alternative energy solutions, such as solar power, are only one aspect of energy future-proofing. While investing in photovoltaic systems is undoubtedly a step in the right direction, it’s equally important to continue to optimise energy consumption to maximise the benefits of renewable energy sources. This is where smart energy management comes into play, allowing companies to create a connected ecosystem that monitors and manages energy usage in real time.

Build resilience

Smart energy management isn’t just about reducing costs—it’s about building resilience. With the challenges of loadshedding and a rise in climate-related challenges, businesses need to ensure a reliable energy supply. Remote monitoring tools enable proactive maintenance and optimisation, minimising downtime and maximising productivity.

Start with smart

By starting with smart energy management, businesses lay a solid foundation for future investments in alternative energy sources, such as solar power. By optimising consumption patterns and identifying areas for improvement, they ensure that when they do transition to alternative energy sources, they do so in the most cost-effective and efficient manner possible.

With these benefits in mind, the partnership between smart energy management and alternative energy companies is not just beneficial—it’s essential.

Partner with the energy management experts

With real-time insights and actionable data, PowerRadar™ empowers businesses to work with alternative energy companies to make informed decisions and develop long-term strategies for sustainability and efficiency. Companies that prioritise accuracy in their energy assessments and proposals can differentiate themselves in a crowded marketplace and establish themselves as leaders in the alternative energy industry.

THOHO Energy is committed to collaborating closely with alternative energy companies to help them secure new contracts and ensure that clients perceive substantial value in these agreements. With our transparent partnership approach, we strive to align the interests of all stakeholders involved, fostering mutually beneficial relationships that drive long-term success.

Get in touch with our team if your alternative energy company is keen to collaborate.