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Everyone likes to save a few bucks. Whether it’s using that coupon code at checkout or catching that annual sale at your favorite retailer.
When it comes to your small business, your electricity bill is no different. Did you know that something as simple as the flicking of a switch can add up to big savings at the end of the year? Here are 6 easy tips for saving energy, courtesy of the U.S. Small Business Administration and the Energy Star Program, a joint venture of the Environmental Protection Agency and the Department of Energy.
We’ve heard the phrase “turn off the light behind you” as kids. And this still rings true today. Turn off lights in unoccupied areas and consider disconnecting lighting in unused portions of your business or areas that benefit from natural lighting. Use of automatic timers also helps avoid the unnecessary hassle of remembering to flip the switch.
Making the switch from incandescent bulbs to more energy-efficient options, like compact fluorescents or LEDs. The upfront cost of these bulbs is an investment due to their longevity and reduced energy usage. Consumer Reports estimates that an LED bulb typically lasts five time as long as its equivalent incandescent and uses about a sixth of the power.
Many people don’t realize that you can turn down your water heater. Turning it down to the lowest usable temperature is an easy adjustment to make. There are safety benefits to making this adjustment; no one needs scalding water to wash their hands!
This seems obvious but turn off office equipment and appliances you’re not using, and make sure to buy Energy Star-rated equipment to keep consumption at a minimum.
Make sure your HVAC systems get a thorough cleaning once a year. This will not only save your sinuses, but it will also keep your system operating at peak efficiency Use a dynamic control to keep temperature comfortable during work hours, and then adjust as necessary when the building is unoccupied.
If you have a physical location, playing to that location’s advantages can make all the difference. For example, if one side of your building gets brilliant afternoon sun from the windows, forcing you to crank up the air conditioner, keep the shades drawn. If your winters are particularly brutal, make sure you’ve got the best insulation you can afford.
While we’re still in the midst of summer, now is a great time to put these 6 tips into action and start cutting costs on your monthly electricity bill. Energy Star estimates that in 2016, Americans saved $30 billion in energy costs. Make sure you’re getting your share of the savings this year.
If you live in a deregulated energy market, you have the ability to choose your energy supplier and rate. The purpose of energy competition is to give consumers more control and better rates.
If you own or run a small business, it is highly recommended to switch electricity companies every 12 months to get the best rates available and manage monthly electricity costs. The average small business can save over 15% by switching energy supplier and plans each year.
Depending on where you live, state or local government or even electric utility companies can recommend or conduct energy assessments. If you don’t want to invest in a professional assessment, you can conduct your own energy assessment with a few helpful tips.