Company owners and building managers have many different responsibilities on their plates at any one moment. Managing energy consumption throughout the building is, unsurprisingly, one of these duties. Read on to learn three effective ways to reduce your business’s monthly utility costs, as well as enhance environmental sustainability.
Consider Peak Demand
Peak Demand, as it relates to the business world, describes the busy period from 9:00 a.m. to 5:00 p.m. when the majority of the working population is active. Peak demand hours are also when commercial and industrial energy consumption is highest. Your building’s appliances and electronic equipment need to work harder to meet standard performance ratings.
Basically, using energy during peak demand hours costs significantly more than non-peak times. To counteract this, consider implementing staggered scheduling amongst your workforce to spread out power consumption. Additionally, moving certain employees to remote work can remove their carbon footprint from your business and allow for office downsizing, which is another cost-saving move for many businesses.
Invest in Green Energy
One effective way to lower your operational costs is to change your power sources completely. Switching your building over to green energy is a steep and potentially disruptive investment, but the long-term benefits are certainly worth the price tag.
The most popular forms of renewable energy for commercial applications are solar, wind, biomass, hydro, and geothermal. However, the most accessible and affordable options for many businesses is rooftop solar panels, which reduce your overall carbon impact. Alternatively, consider investing in energy-efficient devices and equipment that perform well with low amounts of power.
Update Your Bathroom Facilities
Did you know that bathroom facilities are among the biggest energy consumers within a commercial building? More accurately, lavatories without outdated plumbing infrastructure and hygiene appliances draw massive amounts of power andunderperform compared to modern restrooms. Consider updating your bathroom’s flush valve systems, faucets, and lighting setups to energy-efficient and automated devices. Implementing modern hand dryers can lead to significant savings for your business due to their durability and resourcefulness.
Use these simple ways to reduce your business’s monthly utility costs, lower your environmental impact, and ensure better success in the future. Paying attention to elements like energy consumption is an important aspect of owning a company—use these tips to practice identifying business shortcomings and institute proper solutions.