Five Ways to cut back on Business Electricity Costs

Several firms spend an unnecessary amount of money on business electricity prices. It could be a result of payments to heat up an industrial unit or the costs of keeping the lights on in a retail store. No matter the cause of the electricity bills, business owners should be searching for new ways to minimise their usage.

Reducing electricity costs for your business has several advantages. The first is the reduction of business expenditure. Eliminating the excess use of electricity helps to cuts costs which can maximise profit, the ultimate goal of every firm. Reducing electricity usage also helps the environment. By consuming less power, you get to minimise the number of fumes emitted into the atmosphere by power plants, thereby safeguarding the earth’s minerals.

Another benefit is the improved outlook to your business. Some clients look out for firms that care about the environment and climate change. Customers who know that your firm deliberately reduces electricity usage to help save the environment will be more likely to purchase your services and/or products. There are several ways to reduce your business electricity costs. These points are outlined below.

Getting an Energy Performance Certificate

An Energy Performance Certificate (EPC) is a certificate that outlines the usage of electricity by a building. An EPC also contains other information about the building (like the average expenditure on electricity). It will provide a helpful recommendation report that shows how your property can lower energy costs. Since April 2018, an EPC has been required for buildings that need to be put on the market for sale or lease.

An EPC is rated from A to G. An ‘A’ portrays the best use of energy in the property. A ‘G’ shows the worst use of energy. Buildings that are rated ‘F’ or ‘G’ cannot be put on the housing market for sale or lease.

In the UK, buildings are required to get an EPC. If you’re a business owner, you can get an energy performance certificate from our EPC London team. We will also give you information on how you can cut back on costs. An energy assessor would be sent to the property to make a survey. Depending on the size of the property, the time spent by the assessor varies. An EPC lasts for 10 years.

Making Use of Renewable Electricity

If you’re looking to make use of renewable energy for your business, you can consider solar panels, micro-CHP, or wind turbines to generate electricity, as long as your business premises allows for its installation. Most firms however, make use of solar energy. Solar requires the least amount of space and is incredibly cost-effective.

One of the advantages of using solar power is the payment you get for every kWh your system generates. The rates vary from time to time. The Department of Energy & Climate Change (DECC) also pays an export tariff designed to encourage your business to supply the grid with power.

Motion Sensor Lighting

A great way to cut down on electricity usage is by taking a look at the lighting system used in the firm. There are motion-sensor lighting systems available for areas in the office that are not usually used (like toilets and hallways). You can make use of CFL bulbs for this purpose as they make use of 75% less energy than the usual bulbs.

Purchase Programmable Thermostats

Programmable thermostats allow you to automatically set a change of temperature in your workplace when no one is present. You can modify the settings to turn on the heat or air conditioning before the workday starts. Setting your office thermostat at no less than 25 degrees in warm months and 20 degrees in cool periods are some of the recommended ways to save energy in your office.

Purchase Energy Efficient Equipment

Whenever you need to purchase new equipment, like computers and printers for your office, look out for the EU Energy Label. EU Energy Labels show you how energy efficient products are. They are based on ratings from ‘A’ to ‘G’, not unlike the previously mentioned EPCs. The lower the kWh consumption, the more efficient the product is.

Reducing the electricity usage in your firm possesses a lot of benefits for you, from cutting expenditure to ensuring the preservation of our environment. There are several ways that you can save energy, including the previously mentioned tips and tricks. They’re guaranteed to minimise your electricity costs while maximising your profit at the same time. Taking note of these tips would put your business in a much better position to compete and succeed.