Cutting costs and saving money is essential to the health of any business. But too many small business owners focus on direct spending and not the indirect costs of intangibles such as energy costs. Every penny saved on conserving energy goes straight to the bottom line. Here are five strategies for cutting energy costs in your business.
Empower an Energy Manager
Put someone in charge of your energy savings and empower them to make decisions and cut costs. This person can be someone in accounting or a general office manager. It needs to be someone familiar enough with the day to day operations to understand where, when and how energy costs can be cut without impacting services. Give this person reasonable and attainable goals and hold them accountable for savings. You might even offer an incentive for meeting specific goals.
Get an Energy Audit
The new energy manager should first be required to perform an energy audit. They shouldn’t have to do this alone. Your power provider and other local groups can be called upon to help create energy audits, often at no or low cost. Identifying where energy can be saved is the first step to cutting power costs. Don’t forget to audit the energy consumption of all equipment as compared to newer energy-efficient models. Have the manager look at both short and long-term savings for purchasing new equipment and replacing old power hogs. Many replacements will pay for themselves in less time than you think.
Get Regular Maintenance of all HVAC Equipment
Keeping the equipment healthy that makes your environment comfortable is a significant step in energy savings. Replacing dirty filters and other minor changes can make huge boosts to your energy conservation. Take a look at your annual heating and cooling costs for general office systems. Now imagine cutting 30-40% of that cost annually. Also, have your HVAC maintenance company make recommendations on ideal settings for your thermostats and have all thermostats replaced with ones that can be set to timers or operated remotely.
Don’t Forget Your Computer Rooms
While saving on cooling costs, you can’t afford to risk your valuable data servers. But you don’t need to dump a fortune into keeping them cold either. First, have an expert make recommendations on optimal temperatures for your server rooms and computers. Next, find ways of maintaining these temperatures more efficiently. A low power electric fan can make a massive difference without impacting your cooling system budget. Install equipment and/or software that puts the computers in a low-energy standby mode when not in use.
Invest in Alternative Energy Sources
Depending on your location, alternative energy sources such as wind and solar power may be available. Solar energy can be installed for almost any business depending on the type of building and local zoning ordinances. Installation of solar panels is often tax-deductible, and even better, your solar farm may produce enough energy to sell some of it back to your power company.
Energy savings not only helps the environment but can drastically improve the bottom line of your company. Make decreasing energy costs a priority today and reap the benefits for years to come.