We are bombarded with different energy savings tips, practically on daily basis. There is this and that, ranging from possible energy saving solutions such as the ones offered from This website, as well as calculating the value of energy savings, applications used in the process and tools or software used in the process.
Difference between energy efficiency and energy saving
Before we go any further we must first make the difference between terms „energy savings „ and energy efficiency because these two are not synonyms as some people think they are. The simplest energy efficiency definition would be efficient use of energy by using less energy to perform the same task.
On the other hand, energy savings is somewhat different and refers primarily to active power savings and thus includes the amount (quantity) of savings related to the working time and load profile, cost of electricity (kWh), cost of the product & installation. Since there are so many factors involved, energy saving has no fix value.