The national energy efficiency standards program is a crucial segment of the US economy. The US Department of Energy (DOE) is trying to reverse Trump-era rules and strengthen the efficiency program with reanalysis. Changing energy regulations drives the need for redefined energy management for resource conservation, climate protection, and cost savings.
Seventeen states and cities asked the US DOE to strengthen its energy efficiency programs by revoking Trump-era regulations that hindered energy savings growth. A group of state attorneys has also shown their support to amend DOE’s efficiency program to increase general service lighting efficiency. California authorities want to get this program back on track at the earliest.
Changes Expected for Efficiency and Operations
The agency proposes tighter standards on light bulbs to comply with federal laws. It will get bulbs used in around 2 billion decorative fixtures and track lighting under federal regulation.
It is projected that DOE’s energy efficiency program will bring more than $2 trillion in consumer savings on energy bills by 2030 and avoid 2.6 billion tons of carbon dioxide emissions. Businesses will also leverage the tremendous economic and environmental advantages of a robust energy efficiency program.
DOE can also bring more vital efficiency rules for dishwashers, clothes washers, and dryers to set new or critique existing standards based on cycle time.
States that signed the appeal for reanalyzed regulations include New York, New Mexico, Washington, California, New Jersey, Colorado, Illinois, Maine, Maryland, Oregon, Nevada, Vermont, Massachusetts, and the District of Columbia and New York City. Revised regulations by DOE may impact ESG management of companies in these states.
Redefined Utility Bill Outsourcing for ESG Compliance
A company must remain competent in Environmental, Social, Governance (ESG) compliance. ESG compliance leads to long-term profitability and a favorable investment impact. An efficient outsourcing partner can help achieve your ESG goals, whether managed energy conservation efforts or compliance with governance standards in the changing regulatory environment.
Outsourcing can help an ESG data management company to process high-volume utility bills. As these companies need to collect utility information to track and analyze every client’s in-house ESG data, an outsourcing partner using technology can help them to provide reliable, accurate, and advanced analytics.
A company like ARDEM can help you with macro regulatory aspects of meeting your ESG goals along with operational efficiencies that utility companies require.
ARDEM’s is a #1 ranked Business Process Outsourcing company in the best service BPO Providers list by TechTimes.
How ARDEM Can Assist in Utility Management
You can find smart outsourcing solutions with ARDEM, working under regulatory frameworks, for the following services:
- Database designers, workflow experts, process and quality engineers, project managers, and trainers working with ARDEM can help you to streamline your business processes and stay compliance competent.
- ARDEM provides fully managed utilities and energy outsourcing services from the receipt of a bill to payment. As a company focus on increasing your visibility in order to lower costs and improve sustainability efforts company-wide.
- Data Management Services
Double-key data entry services ensure accuracy, orderliness, timeliness, data capture, and data mining for faster processing, increased transparency with actionable insights.
- Transaction Processing and Management
We can process large volume transactions of a business that leads to improved operational accuracy and efficiency.
- OCR Services
We employ smart data capture technology – Optical recognition technology (OCR) to scan and convert utility bills and scan for faster processing. You can utilize our cloud-based accounting and invoice management software for high-speed scanning and conversion.
ARDEM provides Business Process Outsourcing and Business Process Automation Services to established companies to help them improve operational Efficiency and Reduce Costs. For more information, please reach out to us at pricing@ardem.com or call us at 908-359-2600.
