Star government

But with the government moving to reduce the countrys reliance on subsidies for uel, energy efficiency and sustainability are becoming important elements for businesses to look into as a means of controlling costs. The pump price of fuel was recently raised by 20 sen. As a result of this a hike in the cost of almost everything else Is expected to follow. The need for energy efficiency Is particularly telling for the small and medium enterprises (SME) given that they don’t always have the economies of scale that larger corporauons do.

The rising cost of energy will be a new challenge for SMEs In their quest to stay ahead of the curve in Increasingly competitive markets. Kenmart: Being energy efficient is not Just about cutting your cost of energy. It is also about being more productive in using your energy. “Looking at the current situation, SMEs will need to look at alternatives to differentiate themselves In the market. Energy efficiency is not Just hype. It will help them to be more cost-competitive,” said Kristo Kenmart, head of industry business for Schneider Electric Industries (M) Sdn Bhd.

The Schneider Electric Group Is a French multinational corporation that specialises in energy management. It currently has operations in more than 100 tOf3 wages are rising and the price of petrol has gone up. This means a significant increase in cost for SMEs,” Kenmart said. SMEs can reduce one of their main cost components by being energy efficient, he said. Energy has become one of the strategic factors driving business decisions and competitiveness. Businesses and consumers are increasingly considering the energy efficiency of the products and services they buy and use to yield maximum return on investment (ROI).

Governments are also starting to see the importance of supporting the energy- efficiency agenda among SMEs. Schneider Electric offers solutions for companies in a wide range of industries. The Singapore government estimates that energy costs make up about 13% of the operating costs for the countrys manufacturing SMEs and it recently announced a S $17mil (RM42. 8mil) allocation to help SMEs assess, monitor and improve their energy efficiency. The goal of the initiative is to help some 300 SMEs achieve at least 10% savings in energy costs over the next three years.

Australia has similarly rolled out an energy sustainability programme for SMEs. Malaysia has yet to announce its Energy Efficiency Master Plan and there is currently little effort in addressing energy efficiency in the SME sector. However, the Government has pledged to reduce Malaysia’s carbon footprint by 40% by 2020. Kenmart believes that the current economic condition in Malaysia will accelerate the awareness energy efficiency and efforts to educate companies about the need for it. We have seen some clients looking seriously into it. The number of companies doing this is growing daily. But being energy efficient is not Just about cutting your cost of energy. It is also about being more productive in using your energy or getting more out of the energy that you are using,” he said. Schneider Electric offers various energy-efficiency solutions or clients across all industries to boost the productivity of energy through technology and processes.

The adoption of energy-efficient solutions among SMEs here is in its infancy, which spells plenty of growth opportunities for Schneider Electric to further explore this segment of business. “There is still a lot of opportunity to develop the business here. Certainly there are many challenges. But we have also seen many successes as well,” he said. He acknowledges that among the main concerns for many companies in implementing energy-efficiency solutions is the cost of implementation nd the ROI period, which is understandable given their limited resources.

Notably, there is no one-size-fits-all kind of solution as SMEs vary in size and operations. Schneider Electric has carved out specific solutions for the various types of SME outfits according to the industries they are in, such as data centres, manufacturing and service providers. But Kenmart assured that Schneider Electric has documented the typical benefits and ROI for companies embarking on such solutions. He says the company’s solutions also often include proposals on how to fund the adoption of nergy efficiency.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with My Homework Geeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
AllEscort
Live ChatWhatsApp
AllEscort