7 tips about business energy you can’t miss
If you are a business owner, it is time to start taking control of your energy costs.
Commercial electricity can have major costs for your business, so it’s important to understand how energy usage works and how you can get the best prices on business electricity.
Below is our guide to business energy with some helpful hints and tips to save more and consume less.
#1 Compare business energy rates
As a business owner, you have to make sure that you are getting the best deal for your business.
To do this, it is important that you compare the different energy providers in your area and find out what they offer. This will help you find an energy plan that meets both your needs and budget.
Consider all factors when comparing business energy rates
When comparing different plans, there are many things to consider, such as price, service quality and customer support.
Make sure the plan offers good customer support in case something goes wrong with one of their services or products.
Also, check that there is a healthy amount of competition between providers because competition helps keep prices low for everyone involved in running businesses such as yours!
If possible, try calling them directly rather than going through Google or emailing them.
#2 Track and analyse business energy usage
Track and analyse your energy usage to look for patterns and determine where the biggest expenditures are. By keeping track of things, you can look for areas of improvement and areas where you can make savings. Smart meters are great for helping track your business energy usage.
#3 Evaluate your commercial space
Check the building’s insulation
This is a good place to start because it’s easy and inexpensive to improve, and it has a big impact on your energy costs. Consider upgrading insulation if you haven’t done so in many years or if the current insulation is not up to code.
Take note of windows and doors
They are generally responsible for more than half of your business’s air leaks. To save energy, consider adding storm windows or upgrading older ones that have lost their effectiveness over time.
#4 Invest in energy saving technology
This is an obvious one, but it’s also important to mention because many businesses don’t take advantage of the money-saving opportunities that come from investing in energy-efficient technologies.
There are lots of ways you can improve your building’s efficiency without breaking the bank.
Smart thermostats, smart meters, and LED lighting have made significant strides in recent years when it comes to helping business owners cut down on their electricity bills.
Some businesses see more than 10% savings!
Other options include using Energy Star appliances (which use 25% less energy than non-Energy Star appliances), solar panels on rooftops and HVAC systems that use 20% less electricity than conventional systems.
#5 Estimate your commercial energy use
A business energy calculator is a useful tool for estimating your commercial energy use. A quick and easy way to find out how much energy your business uses is through an online tool.
It’s important that you choose the right tool for the job. Some calculators are better than others when it comes to accurate estimates based on the data you enter. You should look for:
- A business energy calculator that is easy to use with clear instructions on how to use it correctly.
- One that gives results in real-time so you can compare different scenarios quickly.
#6 Get a smart thermostat
One of the best ways to save money in your home is by getting a smart thermostat.
Smart thermostats are easy to install, and they can save you up to 30% on your heating and cooling bills.
A smart device will let you control it from anywhere using your smartphone or computer.
In addition, many models allow users to connect with other apps that automate their home’s temperature based on real-time weather forecasts or calendar events that use geofencing features (like “when I leave work”).
How cool is that?!
#7 Use renewable energy sources
The environment is a big issue for businesses. It’s also something that can affect your business in a major way.
It’s not just about the environment, it’s also about saving money for your business and providing a better experience for customers and employees.
Using renewable energy sources is an easy way to do both of those things. If you’re looking for ways to save money on your electricity bills, consider installing solar panels or wind turbines at your place of business.
Conclusion
We hope you’ve enjoyed reading this article on how to reduce your business energy costs.
Remember that reducing your business energy usage is a great way to become more environmentally friendly and can often help you reduce other overheads too.
Use the tips in this article to track and analyse your current business energy use, compare rates with other suppliers and invest in energy-saving technology like smart thermostats.
