When it comes to saving money at your business, every little helps. Ensuring your business is as energy efficient as possible to save money on energy bills can make a huge difference over a very short period of time. Making your business more energy efficient may not mean spending a huge amount of money, but could save a significant amount of money on business energy costs.
One of the most important and easiest ways to save money on business utility bills is to ensure that when your contract is up for renewal you shop around for the best deal available for your business needs. A huge amount can be saved on business energy costs by switching energy suppliers, even more if you are currently paying "deemed" or "out of contract" rates.
Most business owners don't realise that they can switch their business energy supplier up to 3 months before the end of their current contract, ensuring then that they don't get rolled over onto a new more expensive contract by their current supplier. Shop around when your contract is up for renewal and make sure you get the best deal available at the time by comparing business energy suppliers.
Try to take regular meter readings to make sure your bills from your business energy supplier are based on accurate readings rather than estimates. This means that you will not be being overcharged for the energy you may not have used, which will save money paying monthly amounts on estimated bills. Most suppliers offer online billing where monthly meter readings can be entered online. This helps you to track your energy consumption on a monthly basis. Being more aware of the energy that you are using each month helps you to budget more accurately for business utility costs ensuring better cash flow.
An audit of the business energy usage would be a good place to start. That way it's easy to see where the most amount of energy is being used and possibly being wasted. For relatively small businesses, e.g.: offices - purchasing an Energy Saving power meter would enable you to identify this quite easily and also help to monitor business energy usage going forward.
When it comes to saving money at your business, it’s a great idea to get your team involved! Making staff aware of the businesses efforts to save on energy can be a great starting point and making staff more aware of the energy that they use can be a great help in your efficiency efforts! Work with your team to educate them in small ways that they can help to cut down on the energy they use during the day – you will be surprised at how much these small changes can help reduce your energy outgoings.
Do not leave computers and monitors on standby overnight. A huge amount of energy, up to 70%, is wasted by equipment such as computers and monitors being left on standby overnight and during the weekend. To minimise this energy wastage there are products available that automatically shut down appliances left on standby, such as the PC Automatic standby shutdown extension lead, which recognises when a desktop computer had been powered down and automatically removes power to equipment connected to the sockets. This not only reduces your carbon footprint but helps to cut down the fire risk and saves you money.
Try and use energy efficient light bulbs where possible, of course ensuring that you have sufficient lighting to conform to health and safety requirements. Try also to keep light fitting clean and clear of dust build up, which will affect the efficiency of the lighting.
If possible try and keep office working environment temperatures at around 16 - 19 degrees C. By turning down a thermostat by just 1 degree a significant saving can be made on business utility bills. Ensure that the heating in your workplace is on a timed thermostat to reduce heat being wasted when no one is in the building. If your business is only open Monday-Friday then make sure that the heating is off on weekends and bank holidays.
Check doors and windows for any draughts where heat could be escaping. Any problems found may be able to be fixed with simple draught excluders.
Ask staff to try and close doors where possible to keep heat in or out. This is especially important if air conditioning is being used as keeping the doors closed will help to regulate the air conditioning and help it to work more effectively, leading to less energy being wasted which in turn will cut down on your business energy costs.
On chilly days, when the radiators or heaters are on in your workplace, make sure they aren’t blocked by any desks or equipment. This ensures that heat can effectively make it’s way around the room, allowing it to be heated more efficiently which will in turn cut down on your business energy costs.
Much like the boilers that we have at home, boilers in the workplace must be regularly serviced to ensure they are fit for purpose and are running as efficiently as possible. Your workplace boiler should be serviced once be year to ensure it is running safely and as efficiently as possible.