business energy expenses

7 Easy Ways to Save Money on Business Energy Expenses

By Jayson Goetz

Let’s be honest, running a business can be expensive. Often times, you find yourself so wrapped up in establishing your business and maintaining it, that you might not notice smaller energy expenses that slip down the drain every month. In your place of business, gas and electricity costs can put a large dent in your wallet.

Luckily, there are ways to combat this money draining issue. There are tons of different ways that you can conserve energy to help save your hard-earned cash. Don’t worry, not all methods require you to move from your current building to a LEED-certified structure that is the epitome of sustainability (though if you have the money, go for it!). Here are seven easy ways that you can save money on business energy expenses.

1. Turn Off Anything You Aren’t Using

This is one of the first things people think of when trying to save energy. It’s a very easy rule to follow and it also saves you a lot of money. Thousands of dollars can be lost to wasted energy each year and by turning off lights, machines, etc., you’ll be able to alleviate the financial strain caused by wasted energy.

2. Utilize Natural Light

By using natural light, you’re eliminating the need for artificial lighting. Natural light is free, renewable, looks better than fluorescent lighting, and makes your area feel more open. It is also worth noting that using natural light has a great effect on your heating and cooling.

Natural light also has positive health effects thereby benefiting you and your employees as well. The presence of more natural light can help boost employee morale, and the money you save in energy costs will help boost your financial worries away.

3. Install Hand Dryers and Limit  Paper

Though automatic hand dryers in the bathroom may seem expensive initially, if you consider the lifespan costs of having one, you’ll find that it’s considerably cheaper than having to replace paper towel rolls every week.

Additionally, limiting the paper used in the office and going digital greatly reduces energy usage. When you must print off paper, make sure you print only when necessary and print double sided. By doing this, you will also extend the lifespan of your printer.

4. Compare Energy Prices

In many areas, you may have more than one option of energy supplier or different packages and electricity rates. It’s tempting to accept the first utility company you come across; however, there is a large possibility that there is a more cost-effective option out there for your business.

You can compare business energy quotes online. There are individuals and businesses that specialize is finding the right supply for you. These professionals take up the tedious task of looking up numbers so that you won’t have to. Utilizing a specialist who can provide you with better energy options and save money in the long run.

5. Upgrade Your HVAC System

Without regular maintenance performed on each cooling and heating system, your centralized unit will become less effective. With regular maintenance jobs, the lifespan of your HVAC system will be extended. With an extended lifespan, the costs of repair will be less expensive than if you were to wait until the unit breaks to either repair or replace it.

You should also regularly change your filters per heating and cooling season. Filters are relatively inexpensive and new filters allow your system to avoid overworking itself and costing more money. Older, dirty filters also don’t give you high quality air, so it’s just a prudent choice to regularly maintain your HVAC system and replace the filters.

If you’re able to, try setting your thermostat two degrees lower/higher than your normally would during the winter or the summer. You’ll find the difference saves quite a bit of money and energy.

6. Invest In Energy-Efficient Windows or Blinds

With proper insulation provided by energy efficient windows and blinds, your building will stay properly heated and cooled without having to overwork your HVAC system. A change of window style or blinds might seem like a small change; however, the impact can be massive, especially over the span of a few years.

7. Set Energy-Saving Goals

Sometimes, your end goal is a lot easier to achieve if you break down the steps to reach said goal. That being said, energy saving goals are another easy and great way to start being more energy-efficient. Make sure your goals are attainable and measure your progress along the way. Take time out of the month to assess your energy-saving strategies. Reflect on your weaknesses and develop a strategy for the next month (if needed.) This process isn’t going to happen overnight, so have patience!

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Jayson Goetz
Jayson is a strong believer that you don't have to be wealthy to live a rich and full life and wants to share tips on how to do exactly this. Whether its saving money tips, smart business hacks, or budget travel, he hopes to inspire others to do more with less. He also works with UK Power where you can compare energy prices and save on electricity costs.

2 comments

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  1. All business owners always need to save money in any aspect of its daily operations. This post offers a simple but effective checklist in making sure you save on your electric bill. Thanks for sharing!

  2. Jayson Goetz

    Thanks Nathan! I totally agree. It can be a challenge at times, but cutting a few costs here and there can make a big difference in the long run. Happy saving!

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