For every savvy business owner, ensuring costs are as low as possible is one of the best ways to maximise profits.
One of the key areas you could look at is reducing the amount of money you spend on your electricity bill.
Here are three wonderfully simple ways your business could save money:
1. Switch to LEDs
One of the best ways to get long-term savings is to swap your incandescent lightbulbs for LEDs.
How much you’d save depends on your tariff and how often you use your lighting. But as an example, if you have an office with 25 lightbulbs, on for eight hours a day for five days a week, and you pay 10p per KWH, swapping them for LEDs would save you more than £490 in a year and more than £2,400 over five years.
That’s a substantial saving which factors in the extra cost of buying in LEDs which are more expensive to buy than incandescent bulbs.
Not only would you be saving money, you’d also be reducing your business’ carbon footprint. In this example, you’d reduce your CO2 output by almost 13,400kg over five years.
As they emit little heat, they also help you reduce your air conditioning bills. It’s win-win!
2. Switch off computers at night
This is great for energy saving and office health and safety.
How much you save depends on how old your computers are. Generally, the older they are the thirstier they are for electricity.
Unless your computers are performing tasks overnight like a virus scan or backup, there’s no great reason to leave them on.
If you have dozens of computers in an office, the cost of leaving them on can soon add up – even those with power-saving features.
When it comes to charging laptops, check whether your laptop has apps which perform functions while charging. If so, charging overnight will be more expensive than charging for an hour or so in the day.
3. Get up-to-date thermostats for your air conditioning and heating systems
The latest programmable thermostats can save you money – if you use them correctly.
Programme the thermostat to turn down sharply at times when your staff are not in the office, such as at weekends or overnight.
That could save you between 10% and 30% on your electricity bills.
You’re far less likely to save money if people are constantly tuning the thermostat up or down. Programming a consistent temperature for times when your staff are in the office will help avoid that.
Are you a business in South Wales or further afield looking to save money on your bills?
Call our friendly team for advice on 0845 003 6856. Find out more about our commercial services here: /commercial-services/.