When you are a business owner, you have to constantly look for new, innovative ways to slash your costs. One of the best ways to do this is to look for ways to lower your energy bills. If you can reduce your energy costs, you can use the capital to grow your business and make it stronger. Here are five energy solutions you can implement to improve your business.
1. Use Energy-Efficient Electronics
If your business is using older electronics, you could be wasting a lot of energy. Most newer electronics are much more energy-efficient than their older counterparts. While it may cost you money upfront, in the long-run you will save money by lowering your energy bills when you buy new, energy-efficient electronic devices.
2. Install a Wind Turbine
One of the best ways that you can lower your company’s energy bills is to make the transition to renewable energy. If you install a wind turbine it can drastically reduce the amount of electricity that you have to purchase from the power company. You may also qualify for tax incentives or no / low interest business loans depending on your state (or country).
3. Harness the Power of the Sun
Another great way you can use alternative energy at your company is to install solar panels on your roof. According to Renewable Energy Resources, solar panels can produce enough power to offset anywhere from 25-100% of your electricity usage. If you have enough space on your roof, you can even install extra panels to provide more energy than you need. Any excess energy that you generate via solar power can actually be sold to the electric company to help increase your company’s profitability. Check your state or country tax laws to see if there are incentives to go solar.
4. Made in the Shade
Believe it or not, one of the smartest energy solutions for your business is to become a tree lover. Strategically planting trees around your building can drastically lower your energy bills. The trees can potentially help to block the winter winds, reducing the amount of heat your furnace needs to generate. In the summer, the trees provide plenty of shade to give your air conditioner a break. Planting trees around your building is good for the environment and your bottom line. Go green!!
5. Control the Thermostat
You should be the only one who has control of the thermostat. If you leave the thermostat where any employee can adjust it, it can lead to temperature wars between workers that will greatly increase your energy bills. There are even smart thermostats on the market now like Google's NEST.
Implementing these five smart energy solutions will help to make your business more efficient and profitable. In addition, you will help to generate more business through advertising your company’s green measures. Customers are drawn these days to companies that go green. Using these eco-friendly energy tips is something that you can proudly share with your customers.
I hope you enjoyed this article on finding cost-saving and efficient energy solutions for your small business or lean startup.
Interested in more articles on reducing business costs?
Read My Posts:
- Budget Branding: 6 Tips For Frugal Startups
- 3 Tips To Improve Your Business Outsourcing
Best Of Luck In Business To You All!
Michael J. Schiemer of Schiemer Consulting
Enthusiastic Entrepreneur & Owner of Frugal Business
Digital Marketing, Social Media, & Entrepreneurship on a Budget
Bootstrap Business: Money - Marketing - Motivation
Mike Schiemer Builds Better Business
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