Aug 28 2020

Reducing Electricity Costs During the Challenging Environment of COVID-19

28 Aug 2020 02:00PM to 28 Aug 2020 04:00PM
Zoom Webinar

Registration Date

:

11 Aug 2020 12:18PM to 11 Aug 2020 12:18PM

SMF Member Fee

:

$0.00

GS1 Member Fee

:

$0.00

Non-Member Fee

:

$0.00

Event Details

Event Type

:

Seminars and Events

Industry Group

:

None

Contact Person

:

Davin Chee

Synopsis

In light of the evolving COVID-19 situation,
businesses in most sectors have suffered sharp declines in revenue and profits.
The long run negative impact to businesses is still unclear and while companies
are pivoting to adapt to new business models, it is crucial to monitor your
energy usage during this crisis to maximise savings and to take advantage of
available opportunity.



This webinar shares simple strategies to reduce
electricity costs by considering buying opportunities due to low prices and by
carrying out energy efficiency projects so that businesses can better weather
this COVID storm and be prepared when economy picks up. Participants will learn
how to time your electricity contract renewal, understand your electricity
usage pattern with greater granularity to aid in your long-term cost
management.

Objective

1. Understand the components within the Singapore
electricity tariff



2. Find out the correlation between fuel prices and
energy rates



3. Understand when is the best time to renew your
electricity contract to take advantage of lower energy prices, hence providing
significant cost relief to your organisation.



4. Know the available energy efficiency projects to
embark on to reduce cost through monitoring high electricity consumption
equipment and basic automation



5.
Understand the trends in the electricity market in Singapore

Administrative Details

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