Know the Energy Costs to Manufacture Products

Knowing the profitability of your individual product lines is important. But are the costs accurately allocated across the different products?

Cost of goods for manufacturing typically includes raw material costs, labor, and factory overhead. One key component of factory overhead is electricity and gas used. Typically, these costs are indirect and spread across product lines. But what if these costs can be metered and directly assigned to the product lines? Monitoring technology can help.

Electricity Costs by Equipment

Electricity powers many important equipment used in manufacturing. Large equipment is typically powered by a single circuit. With circuit-level monitoring technology, you can easily know the costs to operate each of these units. The meters measure electricity use in kilowatt hours (energy) or actual costs. The app reports on live information and historical numbers.

Metering for Natural Gas / Propane

If equipment is powered by natural gas / propane, metering these units is relatively easy and inexpensive. These meters typically have a pulse output and have a counter display on the meter. Alternatively, a web-based app can report on this data over multiple time frames.

Contact PowerWise Today

For more information about metering gas and electricity, please contact PowerWise at +1-207-370-6517 or use our webform.