Five tips to save more money in your business energy expenses
No business owner likes receiving a larger-than-expected bill. But that’s just what can happen if you don’t find a good deal for your business energy.
To help you reduce your energy costs it’s important to find the best deal on the market. But that’s just the start – you also need to practice good energy tips to ensure you’re not paying for energy you’re not using or don’t need.
To help you save money, we’re put together five practical tips you can follow to reduce your bills and find the best energy rates for businesses.
Organising your business energy can be more complex than domestic energy. There are many more factors to consider, options can be limited, and processes take longer.
Suppliers offer business energy rates in a more tailored approach. This means that their offer to a larger company is usually be different from the rates they provide to a smaller business. They take into account factors like the type of company you run, its size, average energy you consume, etc.
For an entrepreneur to find the cheapest rate, they need to contact each available supplier in their area. However, this can be very time-consuming, so there are business utility consultants who can handle the job for you.
Five energy-saving tips for businesses
As well as seeking out the best energy deal in the first place, there are other practical ways that a business owner can reduce their bill. And reducing the amount of energy their business consumes can save thousands a year. To help you, here are five energy-saving tips for businesses.
1) Purchase energy-efficient devices
With all the developments in modern technology, most inventors and manufacturers today aim to create devices that are more energy-efficient. Unsurprisingly, people concerned about reducing their carbon footprint and the costs of their bills seek out these types of products.
This could also work with businesses. There are now energy-efficient appliances that operate with sensors, timers and other automatic controls. Consider switching and investing in these devices.
2) Program your thermostat and water heater settings
It is advisable to set your thermostat to the lowest comfortable temperature. This way, you can save money without feeling uncomfortable. Of course, the setting you choose will depend on the season. The same goes for your water heater. You should also change their settings every time you are not in the office.
3) Conduct regular inspections for damages
Another way to avoid unexpected, expensive energy bills is to make sure that everything is working properly. Damages in your electricity or gas lines can cause leakage, resulting in an unforeseen and quick increase in costs. Inspecting your lines would help locate potential damages and enable you to get them fixed as soon as possible.
4) Learn to turn off utilities when not in use
Just think: how much energy are you paying for because appliances haven’t been properly turned off? Self-discipline and common sense are also keys to reducing energy consumption. So get into the habit of switching off appliances when you’re not using them, and check that you’re not heating empty buildings, too.
5) Choose a business utility supplier that offers cost-efficient rates
Your choice of business utility supplier can help you cut down costs if you take the time to shop around. When deciding which supplier to switch to, it’s a good idea to conduct a business energy comparison. This will help you to find the best deal for your business needs.
Hire a business utility consultant
If you’re serious about saving money on your utilities bills, consider hiring a business utility consultant. They can help you do all the legwork in finding the best rates tailored for your company’s needs.
Talking to multiple suppliers can be stressful, especially when you are not entirely sure about what you are doing. Your consultant will guide you through the process and do all the negotiating for you. They simply present you a list of quotes from suppliers to choose from. The rest of the process will be finalised by your business utility consultant.