When you’re cutting costs, every little bit helps, and figuring out how to make your business more cost effective is paramount during these times. You want to be able to pour as much of those finances into the business itself, and not into repairs or old equipment. How can your business have a less expensive monthly electric bill?
Adopt More Efficient Equipment
Older equipment uses electricity less effectively. As Omega Computer Services points out, it actually tends to use a great deal more electricity while working much less effectively. While updating your technology and other equipment can be time consuming and expensive, generally the cost is worth it. You can recoup the prices for new things though savings over time, as well. Outdated equipment also can make your business seem outdated and behind the times. You want customers to know that you’re at the cutting edge of everything you do.
Use an Alternative Source of Energy
According to Rabe Hardware, the EPA calls geothermal heat pumps the most energy efficient and cost-effective system. Even in cold climates (like Iceland!) they are extremely good at keeping offices and businesses warm. Likewise, solar power is effective and there are lots of benefits to going solar as well. Your goal is to use whatever is best for your business and exploring all of the options available can give you a chance to see how much you can save over time.
Chances are, you haven’t had a look at your attic in some time. If you own a building (or have a willing landlord) it can save a great deal of money over time to have good insulation installed. If your building is over, even if it is insulated, it might have compressed over time. This makes it more difficult for your insulation to do its work, as the fluffy air in between layers is what does most of the work in making sure your heat or air doesn’t escape the building. You want to search for drafts, also. Go through your local electric company, and they can send someone to do an evaluation, usually free, to see if you have drafts causing you to lose money!
There are a lot of little ways that your company can lose money, and through extra electrical usage is just one way. Practice making sure your company is environmentally kind, and that you take care of your building and equipment for a long time to come. Your business deserves this efficiency!
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