Techniques for managing energy use of a computing deployment are provided. In one embodiment, a computer system can establish a performance model for one or more components of the computing deployment, where the performance model models a relationship between one or more tunable parameters of the one or more components and an end-to-end performance metric, and where the end-to-end performance metric reflects user-observable performance of a service provided by the computing deployment. The computer system can further execute an algorithm to determine values for the one or more tunable parameters that minimize power consumption of the one or more components, where the algorithm guarantees that the determined values will not cause the end-to-end performance metric, as calculated by the performance model, to cross a predefined threshold. The computer system can then enforce the determined values by applying changes to the one or more components.