In difficult economic circumstances, businesses are constantly looking for ways to make savings and keep profits up. Reducing certain overheads, such as electricity costs, are of huge importance and as always technology plays a vital role.
With estimates that many businesses are spending £1 in every £2 on powering the workplace when staff aren’t even there, it’s important that measures are taken to cut waste and unnecessary spending. Here we take a look at exactly how technology can help your business cut its electricity bills and make larger savings.
One of the most important ways of cutting electricity bills is through proper budgeting and research into what is available on the market. This can be achieved in a number of ways but the most efficient is using energyhelpline.com, a website which compares electricity rates between different providers.
This will give the business a better idea of exactly what they’re spending on electricity, whether it is reasonable and if there is another energy provider providing cheaper rates. Comparing energy tariffs is a brilliant way to begin budgeting responsibly and, consequently, cut your business’ electricity bills.
Smart meters have been installed in homes for a little while now but not many businesses have realised they too can take advantage of the technology. An electricity smart meter means you don’t have to rely on estimated bills anymore, as it allows your usage data to be sent straight through to your energy company for more precise billing.
Having accurate bills means you don’t have to question or challenge estimations anymore and leaves you with extra time to deal with those things that are important to your business success. The technology also allows you to access your usage data and plan how you want to power your business with greater control.
Whilst knowledge over how electricity is delivered to homes and businesses may be well known, what many people don’t realise is that most electrical equipment doesn’t require the full voltage distributed by the mains. This means that a huge amount of electricity is being wasted, particularly at businesses that have large consumption rates anyway.
While most electrical appliances are designed to operate most efficiently at 22V, the average delivery in the UK is 242V. Lowering the voltage supplied to such equipment is proven to lower consumption and reduce the need for maintenance, making it cheaper for businesses to power vital appliances.
There are numerous technologies that allow you to optimise your voltage but time and careful consideration should be spent when deciding which one to opt for. When it comes to cutting a business’ electricity bills, one of the most important things to remember is that it is vital to have a good understanding of what you’re spending as well as when. Any technology that can help you do this will be beneficial in the long run, especially if combined with the m