BUSINESS ELECTRICITY

How to Save on Business Electricity

by Josh Biggs in Business on 15th November 2018

Business energy consumption takes up a large part of a company’s operational expenses. The cost may decrease or increase depending on the season. For example, it is not unusual for companies to pay more on their energy bill during winter. But spending more is not something you should always allow if there are ways to save money and energy. To help your company save money on your energy bills, especially during the cold season, here are six tips.

Compare energy suppliers

Perhaps one of the best ways to reduce your energy payment is to look for the best supplier with the best deals. Contrary to what some may think, business gas costs from one supplier to another vary. There are comparison services like Utility Bidder that help businesses find the best fit for them while maintaining excellent service at affordable prices.

Be watchful of office lighting

You might think that office lighting does not add much to what you pay, but every little saving can add up in the long run. During the colder months, it is also often darker outside which means there is a tendency to keep office lights on for extended periods of time. What you can do is orient employees to remain vigilant and turn off lights in unoccupied spaces and rooms. You can also install light sensors that turn off automatically when there is no one using the area.

Invest in sufficient insulation

Heating your office can cost a lot during the winter months. If your office does not have adequate insulation, it will significantly increase your energy bill. If you invest in insulation for windows, doors, and walls, your HVAC system will not have to work as hard to keep the space warm. You also need to invest in ceiling insulation because much of the heat coming from your heating system escapes into the ceiling. With ceiling insulation, you can trap the heat in and keep the office warmer during winter.

Switch-off unused appliances

Even when an appliance is in standby mode, it still consumes energy albeit a little less than when it is operating. Make it an office habit of requiring all employees to turn off computers and other office appliances at the end of each working day.

Use a smart meter for your company

What a smart meter does is send to your energy supplier your energy consumption readings automatically. The technology is similar to that of a mobile phone, and the process is both secure and reliable. A smart meter can help your company save money and time.

Invest in energy-efficient lighting and office appliances

Energy-efficiency cannot be more emphasised these days because of the rising energy prices. If you cannot avoid using a lot of light or keeping appliances on, then replace them with energy-efficient alternatives. For example, if you switch to LED lighting, you can save up to 80% of the energy used in lighting alone. Similarly, energy-efficient appliances will also help reduce your company’s energy consumption. By these small means, you can slowly realise that you are starting to pay less but still keeping your office comfortable.

 

Categories: Business

Olark