One way small businesses can save money is simple—and it even helps the environment: Call your Utilities provider.
Think about it: If the building your business is in could cost you less every month, what would you do with the extra money? Most Utilities providers already have energy-efficient programs and initiatives, and they may even offer rebates and other incentives to help you cover the initial cost of any equipment upgrades.
Some of our energy conservation measures include the installation of energy-efficient cooling equipment, LED lighting with power-save modes, step-down transformers, compressed air systems, 18’ ceiling fans, variable speed drives for motors, and light sensors inside and out of the building. These projects saved approximately 685,232kWh and 124 kW annually. That’s an annual energy savings equivalent to more than 81 average households in our hometown of Rochester—or around $75,000.
These energy savings allow us to put more money back into the company during a time when we need to invest in more equipment and a highly skilled workforce. Every single energy-saving improvement, however large or small, affects the bottom line. As we move into the next year we expect large growth opportunities that are only possible with adequate planning and financial responsibility.