Depending on your business size and activities, energy costs can take up a large part of your budget. By making some changes in the workplace, you can reduce your energy use. Find out about making your business more energy efficient – you may even be eligible for financial help.
Becoming more energy efficient can save you money while protecting the environment.
There are a number of opportunities to reduce energy use in your business, including improving your heating and cooling systems, using lights more efficiently and picking the most energy efficient business equipment.
Reducing energy use is not always an option. However, managing how and when you use energy can help protect the environment and reduce your bills.
Follow our steps to use your energy effectively.
Energy can account for a large part of a business’s finances. One way to minimise these costs is to review your current energy contract to make sure you are getting the best value. You may be able to save money by negotiating a better deal from your existing company or a new energy company.
Depending on the size and location of your business you can choose from different types of energy contract:
To begin negotiating your contract, you should gather some data about your energy usage. The more an energy provider knows about your current usage, the less likely they are to charge you a premium. Aim to give them at least 12 months of data showing your energy use for each half-hour period. You can get this data from your current energy provider.
Once you have the data, you can begin comparing contracts. Use the 5 step guide for comparing and changing contracts to help you start comparing and negotiating.
Selecting the right appliances and technology for your business and using them more efficiently will help reduce energy use and improve your bottom line.
Energy ratings are an important tool for comparing the energy efficiency of appliances. The energy rating label helps you compare products before you buy. Download the free energy rating app to compare running costs of appliances.
If you supply electrical appliances, you must meet manufacturing and labelling laws that show the energy efficiency of your products. Learn more about your obligations for environmental and energy labelling.
Choosing a fuel efficient vehicle or truck can save your business money and reduce greenhouse and air pollution emissions.
Fuel-efficient cars also have a higher threshold for the luxury car tax and some insurers may offer discounts. Consider fuel and maintenance costs when choosing which vehicle is right for your business.
If you’re building your own premises, it’s better to improve your energy efficiency from the start. The National Construction Code and the Australian Building Codes Board have energy efficiency requirements to help you improve the energy efficiency of your commercial building.
If you’re looking to lease a building, you can reduce your energy costs by choosing a building that already has energy saving measures. Look at the energy rating of the building to help you choose. You could also consider a green lease where you and the building owner jointly agree to work towards reducing energy use.
Energy use varies significantly depending on your industry so it’s important to understand how energy may play a role in your business.
Find sector specific information and guidance on energy efficiency practices, upgrades and innovations for your industry.
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