4 Tips for Saving on Business Energy Costs

Has your energy bill been skyrocketing at your business? Are you looking to cut down on your energy costs?

According to the EPA’s Energy STAR program, American businesses collectively spend $60 billion each year on energy. Another survey found that for more than one-third of the country’s small businesses, energy costs are a top-three business expense. 

Luckily, there’s plenty that you can do to cut down on your business’ energy expenses. 

Check out this guide to learn about the top tips for saving on business energy costs. 

1. Get an Energy Audit 

We get it- the word audit never sounds like fun to a business owner. However, an energy audit is a great idea for small business owners. 

Energy audits are often offered for free by utility companies. These audits can help you figure out where your money is going each month, how to lower your electric bills, and how to increase energy efficiency. 

When it comes to saving money on business energy bills, this is the best place to start. 

2. Take Advantage of Natural Sunlight

Letting the sunshine into your office is an easy and effective way to save money on your energy bills. Not only does taking advantage of daylight help you save money, but it can also boost your employees’ health and productivity. 

In fact, one study found that access to natural light is the number one attribute of the workplace environment. The same study found that 47 percent of employees feel tired from the absence of natural light, and 47 percent feel gloomy due to the lack of light. 

In addition to allowing in more natural light into your office, we also suggest going around and making sure that there aren’t any areas of your office that are overly lit. 

3. Switch to LED or Compact Fluorescent Light (CFL)

Switching to LED or CFL lighting is a move that can really add up.

For example, if you swap just one regular 60-watt bulb for an 18-watt LED bulb, you’ll save your business $1 or more per month. While that may not seem like a lot, multiply that amount by the entire year and by hundreds (if not thousands) of bulbs. You can see how that one small switch can save you thousands of dollars. 

Plus, LED bulbs aren’t just more energy-efficient (using 75 percent less energy than a normal bulb), but they also last longer, lasting 50 times as long as the average incandescent bulb. 

4. Use Automatic Dimmers and Motion Detectors 

Lighting accounts for nearly 20 percent of the electricity used in commercial buildings in the office. So, being just a little bit smarter about your lighting can make a big difference. 

Installing motion detectors in hallways, meeting places, bathrooms, and other places that aren’t continuously trafficked can make all the difference. This, along with automatic dimming, can cut down your energy costs each month. 

We also suggest investing in variable frequency drives, like the ones from Invertek Drives Midwest, LLC. 

Are You Ready to Save On Business Energy Costs? 

As you can see, there’s a lot that you can do to save on business energy costs. 

To find out more ways to save your business money, be sure to check out our blog.