How to Save Money on Your Business Energy Bill
An easy way to curb business costs is through your energy bill. In fact, according to the Environmental Protection Agency, about 30 percent of energy use in buildings is inefficient and unnecessary.
For many businesses, lighting and cooling use the most electricity, but energy use will naturally depend on the nature of the operations. For instance, auto dealers, restaurants and hotels typically use more energy per square foot than an office building will. An ENERGY STAR® report estimates that hotels and motels in the United States spend about 6 percent of their operating costs on energy each year. For a home-based business, the top energy consumers are usually lighting, cooling and computers.
Whether you manage a facility or work out of your home, you can take steps to save energy. For starters, there are opportunities to optimize your energy use with your equipment. For example, things like dirty condenser coils, loose electrical connections and low refrigerant can increase the energy costs of refrigeration systems. Also, replacing incandescent bulbs with LEDs will result in a lower annual cost to light them.
For home-based offices, the ENERGY STAR® program recommends these improvements:
- Seal air ducts and add insulation.
- Improve heating and cooling systems.
- Seal ductwork.
- Replace windows.
- Upgrade lighting, appliances and water-heating equipment.
The energy experts at Conserve Energy recommend that you check on daily energy consumption for opportunities to save. Are the lights always on in your business— and do they need to be? What about the heat or air conditioning – are they always running?
For more tips, read the source article, “7 Mistakes That Are Costing You Money on Your Energy Bill,” on the Equipment Connection blog by Hartford Steam Boiler Inspection and Insurance Company. They also have a free interactive energy guide that you can download.