How to Save on Business Utility Bills

As a business owner, you’ll quickly discover that there are a lot of expenses that you’re going to have to cover every month to ensure that your company remains operational. In addition to the rent, wages of staff, equipment maintenance and whatever else, there’s also the more mundane expenses that businesses need to contend with such as utility bills. Things such as paying for water, gas and electricity can be a bit of a drain on your resources, and many first-time small business owners forget to consider these bills, putting them in a bad financial situation. 

Thankfully, there are plenty of useful ways that business owners can save on their utility bills. Here’s a look at some of the best options you have. 

Change Suppliers Regularly 

One of the biggest mistakes small business owners make is that they remain far too loyal with their utility providers, and this loyalty could be costing them money. This is because blindly renewing your contracts with your utility providers means that you may be missing out on better deals from elsewhere. 

That’s why when you’re running towards the end of your contract, it’s always worth looking around and switching to a different provider if they offer lower prices. Additionally, further savings can be made due to first-time customer deals and promotions, making it worthwhile to at least have a look. Even if you don’t want to go through the hassle of changing providers you could always use the lower prices from elsewhere to potentially negotiate a better deal for yourself with your current provider, as they’ll likely want you to stick around. Check out this following link if you’re thinking about switching the provider of your business utilities

Be More Energy Efficient 

One of the best ways to reduce the amount you’re spending on your electricity and heating is to try and incorporate a better, more energy-efficient protocol. There are plenty of different ways you can be doing this, such as installing energy-saving LED lights around your offices. You can also attach motion sensors to lights in hallways or areas that aren’t in consistent use, as this will ensure that they’re turned off when no one is around. 

Other energy-saving technology also includes installing smart plugs to appliances, which turns the machines connected them off when they’re not in use, instead of leaving them in stand-by. 

A good way to save water consumption within your business is also to ensure that you have a dishwasher in your kitchen. It may be surprising but washing a full load of dishes with this device saves around 50% more water than using a sink. 

Another great thing that a small business can do to save their energy consumption through heating, and thus reduce their utility bills is by adding insulation in the building that your office is in. Ensuring the walls and windows are better at keeping the heat in will mean that you’ll need less energy to keep things at a nice, comfortable temperature. 

Adam Hansen

Adam is a part time journalist, entrepreneur, investor and father.