3 Ways to save money on your business utility bills

The cost of living crisis is hitting everyone hard, taking no prisoners. And, as gas and electric bills are set to soar to 80%, many businesses operating across a diverse range of sectors are bracing themselves for a challenging winter ahead.

After all, gas and electricity bills are among the biggest expenses businesses face and can have a huge impact on operational costs.

The good news is that there are lots of ways that you can save energy, become more efficient and reduce your energy bills.

Here are some of our top tips:

Know your business energy use and waste

First and foremost, the key to saving money on your business utility bills is to have a solid understanding of your business energy usage and waste.

Investing in a smart metre is a great way to keep tabs of your energy usage and take control of how you are using your energy.  For example, a smart metre will show you exactly how much you are spending on your business’ energy throughout the day, which will allow you to pinpoint where you can make savings.

Investing in an energy audit of your business is also a great idea as this will always help you to identify areas of waste so that you can make necessary changes.

 

Turn down your heating

Another way to save money on your energy bills is to down the heating as adjusting your thermostat by only a few degrees can make a huge difference to the cost of your bills! At the same time, you should also avoid leaving your air conditioning on all day in the summer, as this can add up to around 30% of your energy bill

 

Invest in energy efficient office lighting

In many office environments, it’s simply not practical to keep the lights off! With this in mind, you should invest in energy efficient lighting solutions as this could save you as much as 40% on your bills!

And thanks to significant advances in technology, there’s lots of smart, energy efficient lighting solutions that will allow you to make big savings including modern LEDS , CFL or halogens. Installing motion sensors in your corridors and toilets that only turn the lights on when they’re needed is also a great way to save money.

Of course, by simply asking your employees to turn off the lights when no one’s in the room is one of the quickest and easiest ways to make savings straight away.

 

Why choose React Accountancy?

Here at React Accountancy, we provide trusted accountancy services to start-up, established and multi-national businesses across a diverse range of industries.

From the moment you get in touch, our approachable, friendly and professional team will go above and beyond to ensure that you receive the right advice, support and accountancy solutions for your business.

All of our team has years of experience in providing accountancy services that support your business including complex financial issues.

Get in touch today for further information about any of our services.

You can reach us on 01914324110 or contact us via email using info@reactaccountancy.co.uk