Energy bills are already on the rise, owing to record-high gas prices when the planet emerged from lockdown in 2021.
Understanding how to save money on your gas bill can directly impact your business’ cash flow.
Not only will you save money, but you'll also be taking the first steps toward becoming a more sustainable business by helping to reduce the usage of fossil fuels and climate change's effects.
Take a look at our list of top energy-saving and cost-effective suggestions that you can implement for your business today.
1. Conduct an energy audit
While most business owners would like to become more energy efficient, many run into a stumbling block because they don't know where to begin.
When it comes to lowering your gas expenses, energy audits are a must-have tool. An energy audit is a study that examines how your company utilises energy and how you may improve its efficiency.
These tools can serve as a road map for long-term energy efficiency by highlighting places where change could have the largest impact.
2. Power down and unplug all unused equipment
Powering down and unplugging your equipment at night, on weekends, and during holidays is a workaround for minimising your gas bill.
It is unlikely that all businesses will be able to unplug their equipment every night. Determine when it makes the most sense to disconnect your equipment during periods when your business is idle.
3. Adjust building temperature accordingly
A large quantity of energy is consumed by air conditioning and heating. As a result, regulating the temperature of your facility is an easy approach to help your company save money on gas.
Even modest adjustments, such as turning up or down your thermostat by one degree in the summer or winter, may save you money on your gas expenses.
4. Invest in energy-saving equipment
Replacing some of your equipment with more energy-efficient goods is a longer-term approach for lowering your natural gas expense. Depending on your budget and the nature of your firm, the goods you replace will vary.
You may choose energy-saving goods to gradually reduce your energy usage, whether you replace equipment on a regular basis or wait until the need arises.
5. Switch to an affordable energy provider
Businesses automatically transition into more expensive and pricey tariffs once one contract is completed. This is known as the roller over rate. It is essential to change suppliers in these situations since complacency might affect your business’ cash flow. In this instance, businesses should compare gas prices to ensure they are getting a fair and advantageous offer.
Our PSP experts can find you a more environmentally friendly energy provider, as well as one that saves your business money when switching from your present supplier. For more information on how we can help, click here.
Why choose PSP?
Businesses are constantly looking for innovative methods to reduce expenses and simplify processes in order to become more efficient. These methods are utilised to cut down on total waste and make the company more functional and efficient.
The borders between wastage and effectiveness can quickly get blurred in order to keep operations functioning. This is why it is critical for businesses to keep track of their utility use on a monthly basis.
We are committed to leading the industry in reducing the environmental effect of our operations. To show our commitment, we exclusively work with industry-leading suppliers who offer cleaner renewable energy at the lowest possible prices.
Therefore, not only can we find you a more sustainable energy supplier, but also one that saves your business more money when you transfer from your existing one.
Get in contact with one of our PSP experts to start saving money on your gas bill now!