Industry:
Metals & Industrial Manufacturing
Company:
Samuel is a leading provider of metal manufacturing, processing, and distribution solutions, offering a wide range of products and services to industries.
October 13, 2024
How Samuel, Son & Co. Saved $2.4 Million in 2 years with 360 Energy
Samuel knew that it needed to lower its energy usage. They turned to the Energy Coach program as a starting point for reducing both usage and costs.
The Challenges:
- Company growth through M&A led to decentralized corporate cultures.
- Information and accountability gaps in corporate energy management.
The 360 Solution
- Multi-Level Engagement: Worked at both site and corporate levels to develop a comprehensive energy/carbon management program.
- Established Teams & Best Practices: Created Energy/Carbon Teams to drive initiatives. Gathered and shared best practices across sites.
- Strategic Planning: Developed strategic plans for energy and carbon management.
- Executive Engagement: Organized bi-annual site presentations to executive teams.
- Ongoing Monitoring: Provided ongoing support and monitoring of progress.
The Results
- Cost Savings: Achieved an average 8% reduction in energy costs across participating sites with minimal capital expenditures.
- Net Savings: Realized net program savings of $2.4 million over two years.
- Year 1: $1.1MM; 8.2 million kWh; 7,300 GJ
- Year 2 and 3: $1.3MM; 6.8 million kWh; 40,600 GJ
“Every business manager is aware of the need to lower energy dependence but few know where to start. The Energy Coach program has provided us with the starting point we needed, along with indispensable guidance throughout the program. 360 Energy not only taught us to how to monitor and analyze our energy profile, they also taught us how to ACT on savings opportunities once they were identified!”
Samuel, Son & Co., Limited
Doug Sharpe
TBD
