When it comes to lowering your utility costs, you have many options available to you. For example, you can switch to a higher efficiency energy provider, install an energy-saving device such as a smart thermostat, or simply lower your company’s energy usage by using less energy.
One thing we highly recommend doing is contacting GSE. We are a leading commercial building and energy management company. We specialize in ESG for franchisees, and we understand that cost reduction is one of the biggest challenges facing the industry today. Whether you are a small, medium-sized business, or a large company, we know that the challenge you face is a big one — and could use some expert help.
GSE offers affordable, customizable solutions to lower utility costs without compromising quality.
Let’s look at ways to lower your company’s utility costs.
How Can We Reduce Utility Costs?
Most companies would like to reduce their utility costs, which can be done using energy-efficient technology. Knowing the difference between renewable and sustainable energy is also essential. Sustainable energy impacts the environment and is very important to the future of our planet. Renewable energy uses renewable resources. It does not harm the environment.
Reducing your company’s utility costs is vital because it will help the company save money. It also makes sense to go green because it allows the company to reduce its carbon footprint. Companies should also look at other ways to reduce their company’s utility costs, such as reducing waste or increasing efficiency by incorporating demand response.
Demand response can be an effective way to save on utility costs for fast-food franchises. Read our recent blog post Demand Response and Energy Efficiency for Fast Food Franchises, which dives further into this.
For example, restaurants with a large amount of refrigeration equipment running all night can benefit from a program that discounts the utility bill for using less energy during peak times.
How to Save Energy
Most people are familiar with saving energy by turning off lights, using less water, and recycling. However, these are just a few examples of how companies can save energy. Many companies are now looking into other ways to save energy, such as the utilization of solar, wind, or biogas. Some companies install solar panels to generate their energy. Others replace incandescent bulbs with compact fluorescent options. Occupancy sensors can also be used to turn lights off when people leave a room.
Saving Money on Electricity
A company’s electric bill can be a significant expense, especially during the winter and summer, when energy demand is often at its highest.
Of course, a company can save money on its electricity bills by using more efficient lighting and appliances. But there are many other ways a company can save on its electricity costs. For example, using a programmable thermostat can help to reduce energy use during off-peak hours. Companies can also install smart meters which measure energy usage. These meters will allow them to monitor their energy consumption over time and identify patterns that could be optimized to save money. A partner like GSE actively monitors meters and energy consumption, identifying patterns and taking action to reduce energy usage when certain devices aren’t needed.
Saving Money on Water
Did you know that you can save money on water? The EPA estimates that businesses can save significant money annually if they invest in water efficiency technology.
Companies can also save money by reducing the amount of water they use. For example, if you work in a factory that uses a lot of water, you might want to consider installing a high-efficiency filter that uses less water than the standard filters. In addition, companies can save money by lowering their water bill. For example, many companies install rainwater tanks and use them to collect rainwater that is used for flushing toilets and to cool buildings. This is a great way to save money on water and reduce your company’s carbon footprint.
How Can We Reduce Utility Costs?
Reducing carbon footprints and GHG emissions is critical to the future of our planet.
To achieve this, we need to start making changes now.
GSE works with you to ensure your company is operating at peak efficiency and reducing costs. Our energy management programs focus on continuous improvement and are based on an integrated approach to sustainability. We combine our technical expertise with deep industry knowledge to provide the best tools and solutions to manage your energy use, save money, and reduce your environmental impact.
Contact GSE today to learn more about how we can help you lower your company’s utility costs.