In order for you to have a successful business, you have to always be looking for ways to reduce costs and improve profits. While most of this will probably be taken care of through selling more of your product or service, a big part will also come down to reducing overhead. As part of this, your business might be looking for ways that you can spend less on your monthly utility bills for your buildings. So to help you accomplish this goal, here are three ways you can make your business more energy efficient and save money on those monthly costs.

Bring In More Natural Light

Whether your building houses only your employees or you have clients or customers in your establishment on a regular basis, you’ve got to have the lights on so people can see what they’re doing. Unless your only business building is a storage warehouse, you’re likely spending a pretty penny on lighting costs each month. One way you can reduce these costs, according to Ruchi Bhargava, a contributor to Freelancer.com, is to bring in as much natural light as you can. For some businesses, this might be as easy as rearranging some cubicles or shelving units so you’re maximizing the amount of light filling your building from the windows. For others, this could mean putting more windows or skylights in. But if you’re able to do this and use the light of the sun more to your advantage, you can save a lot on artificial lighting costs.

Be Smart With Your Thermostat

Heating and cooling your building can also take a big chunk out of your budget each month. But luckily with this, even the smallest of changes can make a big difference. According to InTheBlack.com, even raising or lowering the set temperature of your thermostat by just one degree can have a ten percent impact on your heating or cooling costs. While you can simply turn your temperature up one degree in the summer or down one degree in the winter, you could also invest in a smart thermostat that could help you adjust your temperature during the day to keep everyone comfortable and save you on energy.

Look For Financial Resources To Help

If you’re ready and willing to make some real changes to the way your business runs that will help you become more energy efficient but you don’t have the funds to do it all yourself, you’ll be glad to know that there are options out there to help make this more affordable for you. According to Scott Stiner, a contributor to Forbes.com, you should try looking into state or local incentives for your business as well as things like Energy Service Agreements that could make it financially more feasible for you to become a more energy efficient organization.

To help you save money on your business’s energy costs, consider using the tips mentioned above to help you find ways to be more energy efficient.

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About Author

Hi Im Eddie. Ive been working in finance for most of my life so I thought I would start to show some or my learnings. Hope you find it useful. I have dogs too and cats. When Im not feed them Im running.

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