Three simple hacks to cut your energy bills

11/06/2018

Can you tell us which types of light bulbs are fitted in your workplace? Do you know how energy efficient your heaters are?

If you can’t answer yes to these questions, there’s every possibility you could be paying more for your energy bills than you need to.

These may seem like minor details, but some quick swaps and easy adaptations could potentially save your business hundreds of pounds whilst reducing its impact on the environment.

But energy saving products are more expensive, right?

Sometimes, yes, but whilst you may need to spend a little more in the short term, the long term savings are definitely worth it.

Let’s take a look at how much you could potentially save over three years…

 

Heating

Does your business use convection heaters? You may have originally chosen these instead of radiant heating panels due to the cheaper purchase price. On average, a 1200W convection heater is approximately £63 cheaper to buy than a 400W radiant heating panel.

However, when you look at the running costs, choosing the cheaper model is actually a false economy.

Convection heaters use 3 x the energy and cost £60 more to run during the winter period.

If you were to swap four 1200W convection heaters for four 400W radiant heating panels, you could save £240 a year and £720 over three years.

 

Lighting

If you currently use halogen spotlights, there are some staggering savings to be had if you switch to LED alternatives, even though the initial costs are somewhat higher.

On average, a 50 Watt halogen spotlight costs £1.50 and needs replacing approximately every 1.5 years. Over three years, the electricity cost for using this type of bulb will be £32.70.

Let’s compare this to LED spotlights. A 5 Watt LED spotlight costs £5.00, but will not need replacing for many years. It costs just £3.27 to use for three years – that’s £29.43 less than it costs to use a halogen spotlight.

Multiply this saving across 100 bulbs and you could save yourself over £2,700!

 

Pipes

Our team investigated how much money could be saved by insulating steam pipes.

Using a local business as an example, they calculated that insulating 30m of pipework would save the business £1,552 per year.

With an initial outlay of £450 for the pipe insulation, a saving of £4,656 could be made over three years.

Imagine what you could spend that kind of saving on!

 

In summary…

Whilst implementing new energy saving measures will require some initial investment, you will reap the rewards for years to come. You won’t just be saving money either. The changes above could potentially equate to a reduction of 2 tonnes in carbon emissions. You just can’t put a price on that!

If you’d like to find out more about saving energy and carbon in your business, get in touch to sign up for one of our Smart Energy Workshops where you can also receive a £500 energy saving gift. In these, we cover all of the different ways SMEs can reduce energy usage and explain more about our grant scheme which allows you to upgrade your systems for cheaper.

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