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  • Writer's pictureThe Place Support Team

Lowering your Electricity Bill

Many companies pay their energy expenses without giving it any attention. However, with energy expenses skyrocketing in recent years, there's never been a better moment to consider lowering your business’ energy expenditures as reducing the amount of energy your business consumes is one of the most effective methods to save money.

If you aren't actively considering strategies to reduce use, you may be losing out on significant cost savings.

Here's a rundown of the easiest methods to save money on your electricity bill for your business:

1. Conduct an energy audit

You cannot start saving money on energy unless you know where you're losing money. An energy audit's goal is to discover areas of your business where energy consumption is costing you money.

Once completed, energy audits can offer advice on things you can do to lower your overall energy consumption.

2. Switch to a different energy provider

Switching to different energy providers can be a seamless task. Despite this, many UK businesses fail to make the change and, as a result, end up paying greater prices for their energy bills.

Many tariffs are available nowadays, and some even have varying charges at different times of the day. As a result, it's advisable to conduct some study on several providers before selecting one that is appropriate for your own business.

If you’re struggling to make the change, our PSP experts can locate the best energy provider for you whilst ensuring your business makes the switch as smoothly as possible.

3. Use LEDs bulbs

We strongly advise that your company replaces incandescent light bulbs with LEDs if you haven't already. LEDs consume 75% less energy than incandescent light bulbs and don't burn out like halogens, and so with typical use of 6 to 8 hours each day, your LED bulbs can last up to 15 years.

4. Turn off all unused electrical equipment

Although leaving electrical devices like printers on standby is handy, the amount of money it costs businesses each year is startling. Almost all electrical gadgets use energy even when they are turned off.

The best approach to save excessive energy consumption is to turn off equipment at the main plug. Assigning responsibility for ensuring that all electrical equipment is turned off at the end of the workday is a good strategy as well.

5. Invest in energy-saving office equipment

Poorly rated electrical equipment might be costing your company a lot of money. All electrical appliances in Europe are rated according to their efficiency, which is assessed by the quantity of energy consumed per hour.

The greater the rating, the lower the consumption, with A+++ being the highest and G being the lowest. Appliances that are more energy efficient usually cost a bit extra up front. Nonetheless, the additional energy savings should allow you to make greater savings on your electricity bills in the future.

How PSP can help

The cost of energy is continuing to grow. While business energy management might be difficult for business owners, your operational costs can increase if not taken seriously.

This is where we can provide exceptional value to your business.

Here at PSP, we are committed to leading the industry in minimising the impact of its activities on the environment. That's why we are dedicated to finding you a renewable energy solution that offers renewable electricity, green gas and green energy services to help you transition to a cleaner, greener future.

Take action now and save money on your energy bills by getting in touch with a team of our experts today.

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