Energy costs are on the rise for everyone, but particularly in the corporate space. Last year, SME businesses across the UK were granted government subsidy in the form of the ‘Energy Bill Relief Scheme’. The scheme provides small to medium businesses with discounts on the cost of the energy your businesses uses between 1st October 2022 – 31st March 2023. Whilst this support is helpful, bills continue to increase and businesses suffer.

It is more important than ever to understand and maintain control energy usage across your business and there are lots of things that you can do. We‘ve compiled a list of simple actions that you can take in order to manage and reduce your organisations energy costs.

1. Implement an energy audit or implement energy monitoring solutions.

It is important to understand where money is being spent and lost or wasted before you can assess where savings can be made. A comprehensive audit will enable you to understand which areas of your business are the most energy inefficient and therefore having the most financial impact. Many commercial energy suppliers offer this service, with an average audit usually taking 4-6 hours.

2. Implementing an energy monitoring solution

Energy monitoring solutions, such as those provided by Invisible Systems can then further allow you to understand the data surrounding your energy usage. By monitoring consumption data in real-time, you’ll be able to actively identify immediate issues that can be rectified, monitor trends in data and actively encourage change in behaviour across your workforce. Keeping the costs down can really be as simple as ensuring windows and doors are closed.

3. Switching your energy supplier.

Switching to a cheaper energy supplier is just a small way to make sure that you are getting the best deal for your energy usage. As many as 1.3 million businesses across the UK might be losing out on better deals by staying with one provider for more than a year. It may be time consuming, but the benefits of switching suppliers are worth carving out some time for research into the best options.

4. Ensure that your office equipment is energy efficient.

Anything from the lightbulbs in your office, to an old, energy guzzling printer can be racking up unnecessary costs. Assess where older, out of date equipment may be impacting energy efficiency and update them accordingly.

For industrial appliances or critical temperature appliances such as medical fridges, our temperature monitoring solutions can offer data and insight into their efficiency in order to make sure that you are getting the best performance out of your business appliances.

Read more about our temperature monitoring solutions.

5. Ensure your workplace is properly insulated

A well-insulated building ensures that less warm air escapes in the winter and less cool air escapes during the summer.

Temperature within an office space can be an overlooked aspect of rising energy costs, but a lack of appropriate insultation could be costing your company millions. Take some time to assess where improvements can be made such as cavity wall insulation or upgraded window glazing.

6. Invest in energy monitoring software and solutions.

Large business may often find it difficult to manage energy and efficiency across multiple sites. Energy monitoring solutions like ours can allow you to identify problematic areas of energy usage and fix the problems, whilst also predicting future trends that might impact the finances of your business.

Find out more about the solutions we offer.