Smart business is about keeping costs down by saving energy.
There are various business strategies known to affect productivity. However, there is one major factor often overlooked by the majority of business owners; energy conservation. According to a recent survey, more than 10% of a company’s annual revenue is spent on electricity. Saving energy offers you a wide variety of benefits including:
- Cut cost
- Happy employees
- Happy clients
There are five major approaches to consider. You can take up low-cost actions hoping that each strategy you take adds up to major savings in the long haul. You can also employ expensive projects with a greater impact like installing renewable energy generators or overhaul the heating system. So, how should you go about saving energy?
Install an Efficient HVAC System
At least 48% of the energy used in a commercial building goes to heating and air conditioning. Ensuring that efficient heating and cooling systems are operated, specified and maintained can potentially result in substantial savings. The key to cutting heating costs is by:
- Turning down the set points of the thermostat to a comfortable level: Even lowering the point by 1 degree C can reduce the annual energy bill.
• Replacing inefficient boilers: Watch out on the local building regulations when installing your boiler. You can save energy by using a more efficient heating system.
• Consider de-stratification fans: These fans are highly effective in commercial buildings that have high ceilings and can reduce energy bills by up to 20%.
2. Install Windows with Moderate Solar Heat Gain Coefficient
Today, window and roof technologies have brought about more practical options to consumers in regards to energy saving. Selecting the most appropriate window or roof for any business invariably needs trade-off between various energy performance features. The rate a window loses heat is usually specified in terms of U-factor. The greater the value of the window assembly, the greater the heat resistance, and the better the insulating value. Understand that white painted metal roofing carries a high solar reflectance value and can save your energy bills by up to 40%. Therefore, it is advisable to consult firms like Upson company for energy efficient roofs.
3. Focus on Better Lighting
Nearly 80% of a commercial building’s energy bill is gobbled up by lighting. Understand that only 5% of electricity consumed by traditional light bulbs, for example, is converted to useful light. Energy efficient light bulbs are an excellent alternative. They last up to 10 times longer and are four times as efficient as the incandescent bulbs. During the day, it would be constructive to use natural light or reduce the amount of lighting. That way, you could reduce the business carbon footprint considerably. There are areas that do not require bright lighting such as corridors. Employees working on computers may prefer dimmed lighting for greater screen contrast.
4. Purchase Energy STAR Appliance
Install Energy Star certified electronics and compact LED fluorescent light bulbs. Such employ advanced technologies that consume about 15% less energy than the standard models. LEDs last up to 25 times longer than traditional incandescent bulbs. While they tend to be more expensive, they save more because they last longer and consume little energy.
5. Use Electronic Power Strips for Electronic Equipment
Many electronic devices such as computers, printers, microwave, scanners, air conditioners, and lights consume unnecessary energy when not switched off. They continue to draw in power as long as they are plugged in. Certain features of the desktop or laptop can be hibernated to conserve energy. In fact, it is necessary to hire an energy audit company to get an audit of the entire business.
Smart business is about keeping costs down by saving energy. Inadequate tools of work and unsustainable practices could cost any business hundreds of dollars in lost revenue every year.
Lizzie Weakley, the author of this article, is a freelance writer
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