Successfully running a business involves finding ways to lower your bills, especially your energy bills, which can become quite hefty from keeping your devices powered and maintaining your environment at the ideal temperature. Thankfully, though, there are some simple ways that you can reduce the amount of money that you spend on your utility bill, and some of those ways are listed below.

1.      Use a Power Strip

Turning off your electronics, such as your computers and your equipment, at the end of each workday is one of the easiest yet most effective ways to reduce the costs of energy at your workplace. To make the process easier and quicker, though, consider plugging multiple devices into a power strip. In this way, you can turn off the power strip and effectively unplug all the devices associated with it.

2.      Replace the Filters in Your HVAC System

Regularly changing the filter in your HVAC system is imperative if you want your heating and air conditioning to always work efficiently and effectively. A lot of businesses make the mistake of neglecting this simple task, or they simply forget to do it. If you are often forgetful about changing the filter, you can spend a bit more money and purchase a reusable filter that can be cleaned and used permanently.

3.      Switch Energy Providers

Switching energy providers is also a great way to save money on your utility bill every month, though this step does require a bit of your time to properly research your local options. When you locate the page of an energy provider, read through all of the details to see if making the switch will really be worthwhile. You may be surprised by how much you can save when providers become more competitive.

4.      Use a Programmable Thermostat

Another smart investment is a programmable thermostat. Use this in your place of business to ensure it will always be at the optimal temperature when people will actually be in the building. Instead of having to keep your heating and cooling units working 24/7 to ensure the environment is comfortable enough for employees, a programmable thermostat will let you set the appropriate temperature for specific hours of the day. This can translate to substantial savings on your energy bill, making this investment one that will pay itself back in no time.

5.      Switch to Energy Start Products

Another smart way to invest your company’s money is by purchasing Energy Star appliances and technology that will be efficient. Modern standards have given manufacturers an incentive to create products that consume less energy than they used to. So when you are shopping for new equipment, machinery, or computers, as well as appliances, look for the Energy Star seal.

These are just five of the many ways that you can lower your energy bills at work, whether you need to reduce the amount of gas that you use to heat your property or the amount of electricity you consume to power your business’s many devices daily.

By Kar

Dr. Kar works in the interface of digital transformation and data science. Professionally a professor in one of the top B-Schools of Asia and an alumni of XLRI, he has extensive experience in teaching, training, consultancy and research in reputed institutes. He is a regular contributor of Business Fundas and a frequent author in research platforms. He is widely cited as a researcher. Note: The articles authored in this blog are his personal views and does not reflect that of his affiliations.

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