Last Updated on Mar 27, 2020 by James W

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We’re sure you are saving energy around your own home, by making little changes, but have you starting thinking about it in your business. If you haven’t it’s time to consider it. There are lots of ways that a company can start saving energy and it doesn’t have to be a big change. But, if you commit your company to big energy saving solutions, you can bet your bills will be slashed. By doing this your business will become more competitive and will be a stronger force on the market. So what are the best ways to do this?

 

Change Your Energy Provider?

 

If you own your business property, it will be within your power to change your energy provider. On the other hand, if you’re renting it might be written into the agreement that you can not switch services. If you can switch services it might be in your best interest to do so. Energy companies offer different rates and deals. If you want the cheapest rate you might need to shop around a little before you find it. Once your contract starts to come to an end you can think about whether or not you should switch to another provider.

 

Buy The Right Equipment

 

Obviously one of the biggest devourers of energy in your business will be the tech and machinery that you are using. If you are running an industrial plant you will be using industrial fans to keep your machinery cool and functioning correctly. But, the size of the fan and the make can affect how much power it uses. If you want to use the least energy you need to get the right size. It sounds like a small decision but it could dramatically alter the costs of running your company.

 

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Similarly, you might be buying new computers for your offices. You may have found some online, second hand and cheap. But, they are old models and therefore probably not efficient. Instead, you should buy the latest tech for your company. Not only will this lead to increased efficiency in your business, it will also cut electricity costs.

 

Commit To Alternate Energy

 

 

One possibility for an established company is to commit to alternative energy as a source of power. We say established because the cost of switching to this resource is often quite expensive at first. Over the years you will make the amount you paid back but it can take some time. However, you may want to look into installing solar panels on the roof of your business property. If you have a good summer you may find you can run your business almost entirely on solar power. It’s certainly worth considering.

 

Little Changes

 

Finally, don’t underestimate the importance of making little changes to the way you run your office to save energy. For instance, just switching off the lights in the office at night is guaranteed to save a fortune. If you’re worried about break-ins, you should instead hire security guards to man your premises. It will cost a lot less than lighting an entire property.

 

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Article writer, life lover, knowledge developer and owner at youngmoneymakertips.com