3 Effective Ways for Businesses to Reduce Energy Cost


With the UK and the EU increasingly likely to agree a deal prior to the impending Brexit deadline of March 29th, 2019, businesses are increasingly confident that they’ll be able to achieve sustainable growth outside of the single market.

Despite this and the presence of a two to four-year transitional period, however, it may still be difficult for businesses to adjust to their new circumstances.

This means that firms should be proactive when looking to reduce their operational costs, starting with those pertaining to energy consumption. Here are some steps to help you achieve this:

  1. Utilise a Smart Metre

When dealing with a large or busy commercial property, one of the biggest issues can be dealing with estimated bills. After all, this is likely to lead to slightly inflated bills, which do not accurately reflect your usage or consumption levels.

This is why installing a smart metre can be extremely beneficial, as this provides accurate and reliable readings that will translate into more manageable bills.

By partnering with objective service providers such as utilitywise, you can secure the fast and efficient installation of a smart metre and begin to reap the benefits for your business. Most importantly, this delivers consistent and incremental savings that are worth their weight in gold, particularly in challenging economic climates.

  1. Create a Culture of Energy Efficiency and Responsibility

Ultimately, all businesses are beholden to the behaviour and actions of their employees, especially when it comes to initiating energy saving measures across the board.

For example, there’s little point in installing smart metres or energy saving appliances if you’re staff members are going to leave lights on or fail to turn off their hardware at the end of the day.

This is why you also need to create a culture of awareness and accountability within your business, as this will ensure that employees understand the importance of minimising energy consumption on a daily basis.

They’ll also be compelled to take responsibility for their actions, and ensure that they take practical steps towards driving commercial savings.

  1. Install Energy-efficient Bulbs and Fittings

On a final note, we also recommend that you install energy-efficient bulbs and fittings throughout your commercial premises.

These will include long-lasting compact fluorescent light (CFL) or light-emitting diode (LED) bulbs, which last longer and provide a more sustainable and cost-effective source of power.

By installing this type of hardware throughout your business and commercial properties you can create a cumulative impact in terms of saving, with the money that you retain available to be reinvested into alternative areas of your business.

Conversely, it can be invested to create a safety net during the Brexit transition period, enabling your brand to cope with whatever comes its way in the next few years.