The Time is Right to Start an Energy Consulting Business

Business Overview:

Now is a great time to start an energy consulting business, and generate some fantastic profits while helping to protect the future of our planet. It is now widely recognized that we must develop more sustainable and renewable forms of energy and ways of living in order to protect the environment and our planet. As a result, energy consulting has become a multi-billion dollar industry and you can cash in on this booming green industry and contribute to the protection of our world by starting an energy consulting business. With an energy consulting business, you consult with homeowners on how to make their homes more energy efficient and environmentally friendly. By doing so you’ll not only be doing your bit for the environment, you’ll also be saving your clients money as a result of lowering their utility bills. To achieve this, you’ll visit and assess your clients’ homes in order to determine wasteful energy usage, and make suggestions on how they can improve the efficiency of their energy use either by making changes to the structure and materials of their home, or by taking such actions as installing solar energy panels. If you’re passionate about the environment, now is an excellent time to start this business as projections indicate that the market for green energy services is set to grow substantially in the years to come. For example, recent research suggests that the home energy industry will grow from $8.1 billion USD to $23.4 billion USD over the next five years. This is due in part to the growth in a global awareness and acceptance of the need for both conservation and for more environmentally friendly forms of energy usage. It is also due to the fact that homeowners are increasingly realizing that going green can save them money, both in the short term and the long term. In addition, governments around the world are increasingly encouraging efficient energy usage, with billions of dollars in tax incentives being offered to entice homeowners to make their homes more energy efficient. You can start to serve this ever-growing green market and generate very respectable profits at a low start-up cost. Business ideas like this one will be more successful if you have proper training. But you can usually complete the energy consulting training you need locally and in a reasonably short period of time. Therefore, if you’ve got the desire and hunger to contribute to the betterment of our world, and you want to build a profitable and successful green business doing it, learning how to become an energy consultant might be the best decision you could make.

A Day in the Life of an Energy Consulting Business Owner:

As an energy consulting business owner, you day will begin with a check of your calendar to see which clients you are booked to meet with. You will then travel to your client’s residence and carry out an audit of their house to assess the efficiency of their energy usage. Having done so, you will compile a report showing your findings and suggestions on how your clients can make improvements. Your report might suggest your clients make changes to the structure and materials of their home or it might suggest they take action such as installing solar energy panels on their roofs. Of course, with this business you could hire energy consultants to work and carry out your energy audits for you, in which case a typical day would be spent marketing your energy consulting business to win new clients and further increase your profits.

About Your Customers:

Your clients will be homeowners who want to lower their energy bills and become more environmentally friendly by improving the efficiency of their energy usage.

What You Need to Start:

• Training in energy consulting
• Marketing (website, flyers, ads, word of mouth, etc.)
• Computer
• Business license
• Financial tracking software

The Good:

• Your business will be contributing to the protection of the environment and the planet.
• You’ll be making your clients happy by saving them money on their energy bills.
• The green energy industry is booming—meaning you can expect both the demand for your services and your profits to continue to grow in the years to come.
• You can start this business at a low cost.
• You can start and run this business from the comfort of your own home (although you will need to travel to your clients’ homes).

The Bad:

• Some of your clients may be resistant to long-term energy solutions such as installing solar energy panels as they can be expensive and clients won’t usually see a quick return on their investment.
• You may find that many prospective clients are still resistant to the need to take environmentally friendly action in their homes.

Resources:

• Association of Professional Energy Consultants
• International Solar Energy Society
• California Association of Building Energy Consultants
• Wikipedia on Energy Conservation

About The Author

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