5 ways to reduce your business utility bills
Utility bills can be a big expense for many companies. In fact, on average, they can make up 20% of annual office costs. In recent years, many companies have started taking steps against their water and energy consumption – not only is it good for financial reasons, but it’s also good for the planet (which in turn is good for your company’s public reputation). Here are just several ways that you can reduce your utility bills.
Choose energy efficient machinery
When it comes to choosing machinery – whether it’s office PCs or a coffee machine or manufacturing machinery – it always pays to look into energy-efficiency. Some machines consume more power than others. Generally speaking, newer machines are more energy-efficient. This is something to weigh up when buying an old second-hand industrial printer or a commercial dishwasher – a newer machine could be more expensive to purchase but could save you more in the long run by using up less electricity.
Unplug appliances when not in use
You can also reduce your utility bills by ensuring that electric appliances aren’t left plugged in when not in use. PCs that are left in standby mode overnight can add up huge costs to your electricity bills. Ensure that plug points are turned off or that appliances are unplugged at the end of each day when you leave the workplace (unless of course the machine has to be constantly left plugged in, such as refrigerator).
Switch to a sustainable power source
You may also be able to save money by generating your own sustainable power. Many businesses are investing in solar panels to generate their own electricity. Whilst installing solar panels can be expensive, you’re certain to save money in the long run by never having to pay an electricity bill to a provider ever again.
Recycle your water
You can also recycle your water to save money on your water bills. Greywater recycling systems take waste water from sinks and reuse it for processed such as flushing your toilet. When it comes to agricultural businesses, recycled greywater can even be purified and used to water plants. On top of recycled greywater, you can also use rainwater collected in farm water tanks. Rainwater is often full of nutrients that are great for promoting crop growth and it’s completely free.
Invest in insulation
It could also be worth investing in insulation in your workplace to prevent you from having to turn on the heating as often in the winter. This can be expensive to install, but you’ll make up the costs in the long run by not having to reach for the thermostat as often. Permanent insulation such as double glazing, cavity wall insulation and pipe insulation may require owning the building, however there are still temporary insulation methods for leased buildings such as window insulating film.