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Energy Saving Ideas for small business

Автор: Ecofin Solutions

Загружено: 2023-01-24

Просмотров: 10

Описание: The enduring cost-of-living crisis (which is expected to peak this summer) and skyrocketing fuel and energy prices have put small businesses and households up against the wall.Default market offers (DMOs), a regulatory price cap – that energy retailers have to abide by – set on standard plans, rose to $227 in NSW; $165 in Queensland and $61 in Victoria in May last year. To cushion the deteriorating effects of such events, the Australian government has allocated $62.6 million for an energy efficiency grants program for small (and medium) size businesses in budget 2022.Energy is one of the most important aspects for any business, be it small or big. In Australia, small businesses are going through an impact due to a surge in power bills.Understanding the usage of electricity when it comes to small businesses is also significant and crucial.In this blog, we try to analyse the problem and try to figure out possible solutions, particularly for the summer when power usage gets high for most businesses in hospitality and service.Here, you also get tips to reduce power bills during summer and also in the longer run.

10 tips for reducing energy usage in summerLet us now share with you the tips that can help to reduce energy usage in summer. These tips can help small businesses to reduce energy use and save money in the longer run.1. Choose a better energy retailer: compare the tariff offered by various energy retailers and choose the one offering the best deal.2. Go solar: A good alternative to grid power is solar power, and many small businesses throughout the world have cut down their dependence upon grid power by opting for solar power. Though the installation costs are higher, in the long-run, it gives respite to the businesses.3. Install LED lights: Energy-efficient LED lights equipped with add-ons like motion sensors offers greatest energy savings and longest lifespan.4. Run an energy audit: For this purpose, you can hire a company which helps you in auditing your energy usage. This provides you with a good perspective on all your energy needs and supply.5. Replace old appliances: Replace old and inefficient appliances with new ones. Check if you are eligible for incentives / rebates for the upgrades you’re planning to do.6. Use blinds to control direct sunlight: In the summer, blinds come handy to regulate temperature inside a workplace.7. Install heat pumps: Heat pumps are a low-carbon emission and energy saving alternative to traditional air-conditioners. They can also be used for air-conditioning, space heating and water heating. When used for heating purpose, heat pumps are 3 to 4 times more efficient than conventional aircons. In Australia, the annual energy cost of gas storage water heaters are 2.5 times more than high efficiency heat pump water heaters.
8. Adjust your thermostat: Setting thermostat to 23-25 degree Celsius range is ideal for summer. Raising it by one or two notches brings more energy-savings.9. Apply reflective coating: By applying reflective coatings on external surfaces, small business owners can better regulate temperature inside the workplace and reduce energy usage of air-con system.
10. Take care of your appliances: Do regular maintenance of the appliances.

https://www.ecofinsolution.com.au/blo...

#energyconservation #energysavings #business

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Energy Saving Ideas for small business

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