Saving on energy can help you increase profits and build on your business success
After an unprecedented year in the energy markets, it’s time to look ahead and understand how best to prepare for the future.
What’s going to happen to energy prices next? How can organisations make themselves resilient to new challenges? What opportunities are there to come out of this volatile period on top? These are all questions you could and should be asking right now.
Thankfully, there are steps you can take to get a better grip on your energy spending. To prepare for the year ahead, here are six business energy resolutions to consider right now.
Sustainability is something businesses simply can’t afford to ignore, and with Net Zero deadlines looming, it’s only going to become even more important. Guidelines like Net Zero and ESOS are there to ensure you are doing your part to protect the planet and reduce your carbon footprint. But investing in sustainability can also help you save money in the long term.
Green initiatives like switching appliances, improving workplace habits and investing in smart lighting and heating systems can help you spend less on utilities in 2023.
Arrange regular energy audits
An energy audit will let you know where most of your energy budget is going, and whether this can be changed. They present information to you in a way that’s easy to understand, offering suggested actions that can help you reduce your energy usage in both the short term and the long run.
Start your year off with a comprehensive energy audit, and then make a habit of carrying them out regularly in order to see how things are changing.
Invest in more eco-friendly appliances
Old tech can be a huge drain on your energy budget, so switching outdated hardware for more modern, energy-efficient alternatives is always a good idea. This is true of desktops, printers and laptops, but also for office kitchen appliances like dishwashers, microwaves and fridges.
Of course, this is a large investment, but you can start small. Even swapping old incandescent lightbulbs with modern LEDs can cut your costs, as LEDs use around 75% less energy than incandescent lighting.
Promote better energy habits across your business
You won’t make much of a dent in your energy spending if you’re the only person trying to reduce it. Sharing the importance of energy efficiency with your team will ensure that everyone involved in your business shares the burden of better energy habits. Even something as small as switching off a light when leaving the room can add up over time.
Energy has always been one of the biggest overheads for organisations. But in the last 12 months, we have seen it become a sizeable burden for companies around the UK and beyond. Taking advice on how to procure the most suitable deal and adopting a strategy that safeguards your future has never been more critical. Remember the more energy intensive your business, the more crucial it is to procure intelligently.
Seek out support
Consultiv Utilities can ensure that you are with the right energy providers for your commercial needs, finding the most competitive price for your business. We work with you to get to know your organisation and find the energy provider that ticks all of your boxes.