How to reduce business electricity costs using technology.
Whilst it's vital to use an energy broker to source the best business energy deals, most companies would also love a helping hand at reducing their business electricity costs. And with taming energy consumption top of the world's to-do list, it's no surprise that technology has stepped up to the plate to help us out. It's estimated that half of business electricity and gas bills are for powering the workplace when it's empty. An amazing statistic which underlines the importance of taking measures to cut energy waste and unnecessary expenditure. Technology can really help in these circumstances, both by increasing your awareness of any potential waste and by doing something about it.
Although domestic smart meters have been around for a while now, it's only just catching on in the business world. An electricity smart meter means doing away with estimated bills by allowing your business electricity usage data to be sent directly to your energy provider, giving you an exact bill. As well as taking away the headache of having to constantly police the accuracy of estimated bills, smart meters give you access to your usage data, giving you more control over planning your business' energy requirements.
These are somewhat less well known than smart meters, but no less worthwhile. understanding the ins and outs of electricity transfer probably isn't at the forefront of most business owners' minds, but there's more to it than meets the eye. Most people aren't aware that a lot of electrical equipment doesn’t actually require the full voltage coming from the mains and so an awful lot ends up being wasted. Many electrical appliances have been designed for optimum operation at 22V yet the average mains delivery in Britain is 242V. By optimising the voltage, you can lower its supply to appliances and it's been proven to reduce overall electricity consumption and the need for maintenance, potentially bringing a significant reduction in business electricity costs.
Published by Utility Helpline on (modified )
Wholesale Energy Prices Update 12/03/2021
Wholesale Energy Prices Update 05/03/2021
Wholesale Energy Prices Update 26/02/2021
Wholesale Energy Prices Update 19/02/2021
Net Zero Services