What is the function of an energy benchmark?

The function of an energy benchmark is primarily to compare energy performance with other organizations. This process involves assessing the energy usage and efficiency metrics of one organization against those of similar entities or established industry standards. By doing so, organizations can identify areas where they excel or where improvements are needed. This comparative analysis is crucial for understanding relative performance and for setting realistic energy efficiency goals.

Using benchmarks allows organizations to make informed decisions about energy management, enabling them to target specific areas for improvement and ultimately reduce energy costs while enhancing sustainability practices. Benchmarking also encourages a culture of accountability and continuous improvement, as organizations can track their progress over time in relation to peers and best practices within their sector.