How To Calculate Dollar Savings Energy Management

Energy management is a critical aspect of reducing operational costs and environmental impact. Calculating dollar savings from energy management helps businesses and households understand the potential benefits of optimizing their energy usage.

1. Enter your current energy usage in kWh.
2. Enter your target energy usage in kWh.
3. Enter your energy rate in $/kWh.
4. Click ‘Calculate Savings’.

The calculator uses the following formula to calculate potential savings:

Savings = (Current Usage - Target Usage) * Rate

Average Energy Consumption by Sector (kWh/sq ft/year)

Sector	Average Consumption
Office	15.5
Retail	12.3
Hospitality	18.9

Energy Costs by Fuel Type (2020)

Fuel Type	Cost ($/MMBtu)
Natural Gas	4.13
Electricity	12.77
Gasoline	1.54

• Use energy-efficient appliances and lighting.
• Implement a comprehensive energy management strategy.
• Monitor and analyze energy usage data.

What is energy management?

Energy management is the process of monitoring, controlling, and optimizing energy usage to reduce costs and environmental impact.

How can I reduce my energy usage?

Implement energy-efficient practices such as using LED lighting, turning off unused electronics, and optimizing HVAC systems.

U.S. Department of Energy’s Energy Savings Calculator

U.S. Environmental Protection Agency’s Energy Star Home Advisor