Are you tired of ridiculous energy bills that leave you struggling to make ends meet? Are you looking for ways to dramatically reduce your business’ energy costs? Well, you’re not the only one. The recent price hike from the Big Six energy companies has left many British businesses in a very precarious situation, and there are only so many corners you can cut before your business is struggling to stay afloat. Find the rates for business electricity and get the best deal for you!
But thankfully, there are tons of money-saving strategies you can use to reduce your energy costs significantly. In this blog post, we will discuss some of the best money-saving strategies for business owners in the United Kingdom. By following these nine tips, you can reduce your energy expenses by hundreds or even thousands of pounds each year. So what are you waiting for? Read on to learn more!
- Switch to green energy sources.
One of the best ways to dramatically reduce your energy costs is by switching from traditional, fossil fuel-based sources of power to renewable energy sources like solar and wind power. In the past, these methods were too expensive to consider. Now, thanks to the latest innovation, research and technology, there are affordable green energy solutions available for businesses of any size.
Choosing to go green is a decision that makes good financial sense, as well as being environmentally-conscious. Not only will this help you cut down on your carbon emissions, but also it will significantly lower your energy costs.
- Get smart about your energy use and consumption.
Another great way to significantly reduce your energy costs is by getting smart about how you use energy in the first place. Make sure all electrical appliances are turned off when not in use.
Even if an appliance isn’t switched on, electricity still flows through it (and gets wasted) unless you unplug it completely. This may not seem like a big deal, but over the course of a year, turning electronics off when you’re not using them can save you hundreds or even thousands of pounds.
- Install better insulation in your workplace.
Insulation is one of the most effective tools for keeping energy costs low, as it helps prevent heat loss (and temperature fluctuations) inside your building. There are multiple types of materials that excellent insulation can consist of, such as foam and fiberglass.
If your building is older and doesn’t have adequate insulation, you may want to consider getting a professional opinion on this project. It could be one of the most cost-effective upgrades you make all year.
- Purchase more efficient equipment for your business operations.
This can be anything from computers to vending machines, or even simple things like light bulbs and faucets. An easy way to identify which products are more efficient is by looking at their Energy Star rating: this information is available on product packaging or online through a “Product Finder” tool.
Nowadays, the difference between energy-efficient products and standard products is generally negligible. So don’t be afraid to switch out your old appliances and electronics for newer (and more efficient) options–it will quickly pay for itself in energy savings.
- Use water efficiently in your workplace.
If you have a commercial kitchen or building that is heavily reliant on water for cleaning purposes, then it’s important to use this resource strategically and efficiently so as to avoid wasting money needlessly.
For example, only run the dishwasher and washing machine when they are full, and don’t let the faucet run unnecessarily while you’re doing other things like brushing teeth or washing dishes by hand. Putting these simple strategies into practice can save your business a lot of money over time!
- Install smart thermostats in your workplace.
Smart thermostats are able to monitor and regulate temperature efficiently, and they can also be controlled remotely via apps on your smartphone or computer.
In addition to saving money by reducing energy usage, these devices have the added benefit of improving employee comfort levels so that they don’t need to wear layers in the summer or freeze their buns off during winter months. All in all, this is a win-win situation!
- Purchase fans for hot areas and heaters for cold areas in your workplace.
Replace costly air conditioning and thermostat usage. The United Kingdom may not be known for its extreme climate, but that doesn’t mean you can’t find yourself wanting to cool off during the hotter months or keep warm during chilly ones.
By purchasing ceiling fans for hot areas and space heaters for cold ones, you will be able to reduce your energy consumption significantly. If every office had one of these devices, it would make a huge difference to the bottom line!
- Turn off lights when they’re not needed.
This one is pretty obvious, but many businesses still have trouble following this age-old tip by turning lights on whenever someone enters an empty room or leaving them on after everyone has left (this is especially true of hospital staff who are often working late).
This is the sort of thing that can rapidly eat into profits and let you personally profit from sub-standard, expensive floor lights!
- Replace halogen lights with compact fluorescents.
Lights certainly constitute an area where there are lots of huge savings to be made. However, when seeking ways to cut down on energy bills, it’s important not to forget about your lighting as well! The cheaper alternative is using halogen lights in critical work areas such as offices and hospitals where potentially harmful chemicals might be introduced or obvious targets like ATMs aren’t lit properly at night (not colour corrected).
Compact fluorescent lamps consume considerably less power than halogens which have a single glass metal filament filled with gas which glows white hot when current runs through them. CFLs are up to 75 percent more efficient than incandescent bulbs, which is why replacing halogens with this type of lighting can save you energy and money.