Investing in energy efficiency reduces costs, boosts sustainability and makes your workplace more comfortable. Maybe you’re thinking about replacing an old HVAC system or upgrading critical process equipment. Whatever the case, you should evaluate your options through the right lens. Here are five key questions to ask before making an energy investment.
1. What is the true cost of this investment?
The initial price tag of an energy upgrade may seem steep, but focusing only on upfront costs can be misleading. Look beyond the purchase price to include installation, maintenance, repair costs and long-term energy savings. Ask yourself how long it will take to recoup your investment and whether the financial return justifies the expense. Calculating the full financial impact will help you establish a realistic budget and prioritize upgrades with the greatest return. The economic and financial calculator tools from ENERGY STAR® can help.
2. How will this investment work with my existing systems?
Examine how the new equipment or system would interact with your current infrastructure. For example, upgrading your HVAC system might require ductwork modifications or an electrical panel upgrade. Determine whether your existing systems can support the new technology or if additional changes are needed. Consulting a qualified contractor or technician can help identify potential complications and prevent unexpected costs.
3. What financial incentives are available?
Federal, state and local tax credits, loans or rebates may be available for your energy project. Search the Database of State Incentives for Renewables and Efficiency (DSIRE) for eligible funding programs in your area. Research all available incentives before starting your project. Some programs have limited funding or specific timing requirements, while others require pre-approval or certified equipment.
4. How will this investment affect my employees?
Even the most beneficial upgrade can be disruptive during installation. Construction noise, access restrictions or temporary changes in lighting, air quality, and temperature can impact your staff's comfort and productivity. It’s important to ask how the project will affect your team’s day-to-day experience. Can work be scheduled during off-hours or slower periods? Should employees be involved in the planning process, especially when their work environment is affected? Proactively managing these concerns leads to smoother implementation and a more satisfied workforce.
5. What business disruptions should I prepare for?
In addition to staff impact, consider how the installation might affect your ability to serve customers or maintain production. If not managed carefully, temporary power shutoffs, delivery blockages or system downtime could hurt revenue or client relationships. Work with your contractor to build a detailed timeline that outlines potential service interruptions and how long they will last. Having a contingency plan in place, including customer communication and short-term workarounds, can minimize disruptions and keep your business on track.
Smart energy investments start with smart questions
Energy investments offer meaningful long-term benefits, but only when approached with care and planning. Asking the right questions before you begin ensures you make informed decisions that align with your financial, operational and sustainability goals.
