Is an energy saving business worth your time and money? In most cases, it is, but the biggest problem is finding places where you can make commercial energy savings.
After all, you’re not intentionally wasting energy by design, so what can you tweak to make things better? Here are five methods that will help drive your energy saving and waste reduction campaigns.
1. Outsource Your Most Wasteful Processes
If you’re looking to make business energy savings, then stop doing some of the work in-house and find ways to outsource. Many times, your in-house processes are wasteful because you are working on a smaller scale.
If you outsource, you may find companies that work on a massive scale and are able to save money. It may mean more energy is wasted transporting the finished products (maybe), but the energy saved by you and by the outsourcing company is massive.
Even if you aren’t outsourcing production, there are plenty of ways you can outsource and save lots of money. For example, use Cloud computing and you will not need to power and cool your in-house servers because you can use the massive data centers that are owned by the Cloud service providers.
2. Staff Policy and Correct Monitoring
Many online articles offer office energy-saving tips and suggest that you alter staff policy. However, a big part of the process is monitoring your staff. Telling them not to gun the trucks down the highway is fine but having them monitored with sat nav and internal computers will help you identify those who are wasting fuel.
It is fine telling people to turn off machinery after using, but why not have them log in to use the machinery so you can see who is using it and who is leaving it turned on. Plus, you can install time-out mechanisms to some of your machinery so that it powers down once it becomes idle for a set amount of time.
3. Turning Your Energy Saving Business into a Money Saver
Get your accounting department involved. They struggle each year to come up with budgets. They struggle to allocate money to the right places, so bring them in on your energy saving campaign.
Find out where the biggest losses are occurring in terms of money and see if you can identify the energy-related problems that can be plugged. Ask your accountants to define their biggest expenses and their biggest problem areas, and work with them to shave down the costs using energy saving methods.
One of the great things about getting your accountants involved is that they can highlight areas that were otherwise forgotten about. For example, a company discovers that the elevators are soaking up a lot of power, most of which can be saved by renting out the part of the multistory garage that is on their level. The staff get a perk, which helps keep wage increase demands down, and the elevators are used less because staff are parking on the same level as the office.
Saving money by saving energy is easy if you bring in your different departments to offer their input. Obviously, your accounting department has the most to offer, but even your janitorial department may mention how the south side of the building gets too hot. The air conditioning is working almost all day in that area.
Even such a simple observation may result in window tinting on the south side (maybe using this commercial service), which results in cooler rooms and less money wasted on air conditioning.
4. Can You Turn A Profit From Saving Energy?
Ever wondered why social justice movements are so popular these days? It probably has something to do with the billions that are donated to the causes every year. There is no bigger motivator than money, which brings up the question, can you make a profit from saving energy?
We have all heard of companies setting up boilers and selling off some of the heat to local houses, and companies setting up solar panels and selling their excess power back to the grid (or to local houses), but all of this takes a lot of work and may fail to turn a profit.
With a little creative thinking, you may be able to turn a profit. For example, if you need to purchase new power-saving lights for your business, then it is going to cost you a pretty penny. So, why not buy 500% more than you need with a very large bulk buy order. Get them at pennies per unit, install them, keep some, and sell the rest for a profit.
Have you just bought the most energy-efficient equipment? Why not rent it out over the weekends when your offices are shut. Do you need to install bigger machines to cover the laundry needs for your growing company, then why not go a little bigger and set up a side business where you wash clothes for the local sports teams, landscaping company, or even clothes for the local old people’s home while charging for a gentle (but sustainable) profit.
5. Work to Save Money and Eliminate Waste
Saving energy and saving money often goes hand-in-hand. Take a look at your business and see how you can save money your business operations. You’re going to find areas where you’re creating excess waste and losing money. Work to eliminate waste with a view towards saving energy.
Saving money on air conditioning and heating with things like cavity wall insulation is simple enough, but what you are doing specifically within your business that is causing waste?
Are you printing your own leaflets when another company could do it more cheaply? Is your production fragmented in a way where some machinery is left on but is idle for hours at a time? Can you install more windows or glass skylights so that you can rely on natural light to stop your storage areas becoming murky and maybe even moldy.
Is an Energy Saving Business Worth Your Time and Money?
“Yes,” an energy saving business is worth your time and money, but that doesn’t mean it is a smart investment. There are plenty of businesses that were very environmentally-friendly that went bust because they were concentrating on being green rather than making green.
Still, when it comes to unnecessary waste, an investment in your own business is always worth the money. Waste and saving energy sometimes go hand in hand, and if a few investments here and there will lower the amount of wasted assets and wasted energy, then it is probably worth the time and effort.
If you are looking for in-depth and very technical information on business matters, including matters of law, then try out the other articles and web pages on Atyourbusiness.com.