For many businesses, their biggest expenditure comes in the form of utilities. Whether they’re paying to heat an industrial unit or provide a retail shop with electricity, it’s common for business owners to be on the lookout for clever ways to reduce their energy costs.
Accounting for a large chunk of a business’ costs, the money that you spend on these utilities will make your company’s breakeven point much higher.
Here are some easy ways that you can reduce your business electricity costs and better-place the money you save elsewhere and into more important aspects of your company:
The simplest way to reduce your energy costs is to evaluate whether or not you can get a better deal for your electricity elsewhere. This can be done by using a comparison tool such as the one on our website, and has been shown to save our commercial customers as much as 60% on their energy bills!
We’re a free and totally impartial service. All you need to do is enter information about your current usage and we’ll contact the best energy providers on your behalf. Then, we’ll display a detailed list of quotes that we’ve received to suit your requirements. It’s then up to you to decide which provider to go with.
If you’ve found a new business energy provider and now you’re looking to cut your bills even further, there are a few steps that you can take. These include:
If your office space or commercial building is still using ancient technology such as old computers and monitors, you may want to consider switching to energy efficient appliances within the space. Not only does this reduce the amount of energy you draw from the grid (hence the cheaper bills), but it also allows you to receive a technology update, knowing that it’s definitely worthwhile!
Another big factor which consumes tonnes of energy over the course of a year on your business’ premises is heating. In fact, many businesses are wasting money unnecessarily on heating areas that don’t require it!
Consider replacing older boilers with more energy efficient ones. You could even install a solar power system onto the roof of the property to make heating cost much less over the long-term.
If you’re looking to reduce your business electricity costs, you should take a look at the current lighting system that is being used within the commercial property. Motion-activated lighting is the best form of lighting for areas that are infrequently used such as toilets and hallways, and remember that CFL bulbs use 75% less electricity than normal ones.
Now that you’ve recognised the benefits of reducing your energy costs, let us help! Our comparison tool is always on hand to provide free and impartial business electricity prices.