Business is expensive, and every business will need to cut back the costs at some point. If you are an SME, cutting back even further might seem impossible. But, there is one expenditure you may not realize is costing you a fortune: energy. Businesses use just as much energy as a house, yet most owners write off the cost as insignificant. Firstly, it is not insignificant because the cost tends to be high. And, every penny saved could end up being the difference between success and failure. Here’s how to make it happen.
- Switch Providers
Switching is the easiest way to save money on energy. All you have to do is go on a comparison site and find a provider that is cheaper than your current one. Yet, most people don’t bother themselves because they think it is too much hassle. To begin with, it could not be easier. The comparison sites do most of the work for you, which mean you just need to contact your old provider. Moreover, it will save you money! The rewards are worth the effort whether it is a hassle or not. Checkout academyair.com/services/commercial/ for an example of a company that can save you a fortune.
- Change To Energy Efficient Bulbs
In all honesty, you should change to as many energy saving appliances as possible. The only problem is that there are not too many to choose from. Light bulbs are the most obvious, so let’s take a look. Bulbs are one of the most inefficient appliances in the workplace. Not only do they give off an insignificant amount of light, but they also give off lots of heat. The money you waste in the process is shocking. Efficient bulbs, on the other hand, concentrate on the light aspect only. Switching may cost you more in the short-term, but it will even out in the future.Go to http://www.which.co.uk/energy/energy-saving-products/guides/how-to-buy-led-cfl-and-halogen-bulbs/five-tips-for-choosing-the-right-light-bulb/ to find out more.
- Shut Down At The End Of The Day
How many computers are still on when the office shuts? The answer for most businesses is a lot. As you can guess, it is wasted energy, and that correlates to wasted money. let the office know that you want all of the computers switching off at the end of the day. And, putting them on standby isn’t enough either. Standby doesn’t save energy or money, so don’t fall into that trap.
- Take Advantage Of Government Grants
There is plenty of free money on the table for businesses that are willing to go green. Governments around the world understand that they need to encourage businesses to be eco-friendly. For that reason, they will pay for the transition. You should note that they won’t pay for it all, but they will pay for a hefty chunk. Regardless, that is money that will help you cut down on your energy bills. Plus, it is money that you wouldn’t have otherwise. No business should ever turn down the chance for free money.
- Rent Solar Panels
What should you buy with your government grant? You shouldn’t buy anything, but you should rent solar panels. Solar panels are very effective, yet they take a long time to recoup their investment. The answer to the solution is to rent. That way, you don’t lose out on the cost.
Plus, you can supplement your primary source of energy.