Business electricity prices have been on the rise which can leave businesses financially strained. Increasing the efficiency of the electricity for your business has financial and environmental benefits. By choosing to be more efficient with your electricity use, you can save on your bill. Therefore, you focus on running your business more efficiently and with ease, knowing that you have taken the right step in reducing your electricity costs. Further, the environment will also benefit from the decrease in electricity surrounding your business’ carbon footprint.

Increasing the efficiency of your business’ energy can be very simple. Further, Business Electricity Prices can compare energy rates in order to find the most effective and affordable plan for you.

Firstly, it is important to request an electrical audit from your electricity retailer to understand where you are spending the most energy. Here are ways you can improve your electricity efficiency:

1. Motion Detection Lighting

Motion detectors allow lights to be turned on only when they are needed, reducing your electricity usage. You are also removing the risk of your staff leaving the lights on when they are unnecessary – such as keeping the lights turned on overnight. As lighting usually consists of around 40 per cent of your electricity bill, selecting energy efficient lighting or limiting the time lights are turned on will considerably reduce your business electricity bill. While there are upfront costs to installing motion detection lighting – it is much more affordable to implement in the long run.

 

2. Upgrade Your Lighting

LED lighting uses around 75 percent less energy compared to fluorescent and halogen lighting. Changing all of your bulbs to LED can initially be slightly more costly. However, it is more cost effective and will reduce your business electricity bill in the long run.

Another advantage is that LED lighting emits less greenhouse gas emotions, which can positively affect your business’ ethos and image. LED lighting also lasts longer than other types of bulbs, further reducing your electricity expenses long term.

 

3. Efficient Business Electrical Heating And Cooling

Many businesses have cooling and heating systems turned on when unnecessary. This significantly increases your electricity rate. For businesses with demand or time-of-use tariffs, this can have a very significant impact on your rate. If you have a high energy demand caused by the big energy use of all systems, your rate can be increased by your commercial electricity retailer.

To improve this, you can set heating and cooling systems at temperatures between 17 – 20 Celsius for comfort and electrical efficiency. Further, better insulation and draft control will ensure that you don’t need to over use your heating and cooling systems. Any other appliances such as fridges can be turned off when not in use to further decrease your business electricity bill.

 

4. Use Business Renewable Electricity

There are two ways to switch to renewables:

• Investing in solar panels and battery or
• Switching to a renewable industrial energy

Renewable energy is more cost effective. Further, the Australian government has renewable energy incentives to support businesses wanting to implement renewable energy.

 

5. Voltage And Power Efficiency

When optimising your voltage in Australia there tends to be big distances between generation sites and end users. With the long distance and voltage fluctuations, the voltage is often much higher than needed. This not only generates wasted electricity but may also reduce the lifetime of your devices.

Business Electricity Prices can help you compare voltage and power quality that will reduce the amount of wasted electricity. This would effectively decrease your electricity bill.

 

Want To Know More About Better Business Electricity Prices And Efficiency?

Commercial electricity isn’t easy, particularly if you are a big business or an emerging one.

Business Electricity Prices are expert business electricity brokers. We can provide advice with industrial electricity, commercial electricity rates and much more. If you are ready to take control of your electricity bill, contact us to get a quote. We provide an initial free electricity bill consultation.