INDUSTRY
Energy costs scrutinised
- Published: 21 Jan 2013 at 00.00
- Newspaper section: Business
Business operators can cut their energy costs more successfully by improving their energy efficiency than by calling for government help, say energy service companies (Escos).
Arthit Vechakij, the managing director of Excellent Energy International Co, Thailand's first Esco, said energy expenses at some factories run much higher than labour costs.
"In my experience, some factories can cut costs by 10-30% by reducing energy expenses," he said, adding that businesses should therefore not waste their time asking for assistance.
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