Utility accounting is as important to energy management as regular accounting is to business management. Without a well defined history and baseline, it is very difficult to implement a successful enterprise energy management program.

Watershed has offered enterprise energy management consulting services to help businesses formulate a strategy to manage energy and water use across the entire enterprise. Organizations have a wide range of activities and success indicators, and as a result each enterprise should have a tailor-made enterprise energy management strategy.

Utility accounting forms the foundation of such a strategy. Defining a historical baseline is the first step towards taking control of energy spending. The next step is to set goals related to energy cost reduction, and determine the investment and timeline necessary to reach these goals. Once the plan has been set in motion, utility accounting becomes an important tool to provide feedback to the enterprise energy management strategy.

Watershed would be pleased to discuss the big picture with you, and determine how effective utility accounting and a comprehensive enterprise energy management strategy might assist your organization meet its goals. Please contact us should you wish to discuss further.