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3 Ways Businesses Can Save Money on Energy Costs

3 Ways to Cut Utility Costs for Your Industrial Business

When running any business, especially a large commercial or industrial operation, you’ll need to account for many expenses, including payroll and benefits, equipment, and utility costs. You want to keep your employees happy, healthy, and paid well, so what can you do to save money? Cutting utility costs is one of the easiest and most effective ways to lower expenses. Here are 3 ways commercial and industrial operations can cut energy costs quickly and efficiently.

Lightbulb with Image of the Earth to Indicate Energy Efficiency

1. Switching to Energy Efficient Systems

Choosing energy efficient systems can decrease your energy costs drastically if you’re currently using outdated equipment. In addition to using more energy to function, outdated equipment can also use more energy even when it’s not in use. If you’re able, using power strips with a power switch that can be turned off when not in use can also save energy and cut down on utility costs.

How does old equipment drain energy?

There are a couple of reasons that old equipment tends to train energy at a faster rate than newer technology. The first is that all types of equipment in general, including small kitchen appliances and large industrial generators, use energy even when they’re not in use as long as they are “plugged in.” Because the flow of electricity is only stopped if something is not plugged in to an outlet or if a power strip or appliance has a power switch which is turned off, unplugging equipment when it’s convenient is an easy way to save on energy costs.

How do energy-efficient appliances work?

Older equipment also tends to use more energy due to its inability to filter or control how much energy is used. Consider today’s high-efficiency washing machines. Whereas older models used the same amount of water to wash the same amount of clothing, newer models are able to “sense” how much clothing has been added to the machine. It can therefore optimize the amount of water used by controlling how much is added in the first place. This allows you to save money on utility bills and prevent wasting a valuable natural resource. In 2017 alone, electric power accounted for 34% of carbon dioxide emissions.

READ MORE: Link Between U.S. Carbon Dioxide Emissions and Energy Sources

How do energy-efficient appliances control energy flow?

Other appliances and equipment work much the same way by controlling how much energy is used in the first place through sensors and other monitors. This is why newer types of equipment and technology are touted as energy savers. Some new forms of equipment are also able to function using less energy in general, so less is needed to perform the same amount of work.

Will switching to energy efficient appliances save me money?

If your equipment is more than 10 years old, it’s likely time to upgrade to an energy efficient option. In addition to potential tax breaks for upgrading to energy-efficient equipment, you’ll be able to enjoy lower utility costs. While new equipment is an investment up front, it will yield tremendous savings in energy costs. Think of this way: Would you rather have new appliances and lower utility bills or older appliances and high utility bills? If you’re in the Memphis area, give one of our representatives a call. We’re happy to conduct an on-site visit to help provide an estimate of how much of your equipment should be updated.

SCHEDULE AN ON-SITE CONSULTATION

Brick Wall with Vent Slats

2. Using Natural Ventilation Systems

Natural ventilation systems provide both energy savings, natural light, and fresh air. For industrial operations with large facilities, natural ventilation systems can be more cost efficient through the use of naturally forced air rather than large HVAC systems.

How do natural ventilation systems work?

Natural ventilation systems work by pulling outside air in through strategically placed openings and louvres. Once the air is inside, the hot air rises where it can be released through slats or openings that force it back out, and the cold air falls below.

READ MORE: Pros and Cons of Natural Ventilation Systems

How do natural ventilation systems save on energy costs?

The natural ventilation method relies on the natural tendencies of warm and hot air to create “natural air conditioning” which saves you hundreds, if not thousands, each month on utility costs. Natural ventilation systems also have the added benefit of filtering fresh air throughout your space to prevent airborne illnesses, mold, and mildew.  

I’M INTERESTED IN LEARNING MORE ABOUT NATURAL VENTILATION SYSTEMS

Man Working on Electrical Socket

3. Get an Energy Audit

An energy audit can determine whether or not you would benefit from switching to energy-efficient appliances and technology. A trained and experienced industrial equipment representative can provide an on-site audit to review your current systems and solutions and provide feedback on ways to increase savings and reduce operating costs.

I NEED AN ENERGY AUDIT

Energy-Efficient Industrial Equipment

If you’re looking to increase your energy savings or save money on energy costs, switching to energy-efficient commercial equipment is by far one of the easiest ways to do so. Today’s technology uses less power, encourages cleaner air, and creates safer work spaces. From dust collection systems which can prevent damage to equipment and put your employees’ health at risk.

DUST COLLECTION SYSTEMS     INDUSTRIAL VENTILATION SYSTEMS     COMMERCIAL HVAC SYSTEMS

Automatic Light Dimmers

Installing automatic light dimmers is another way to reduce operating costs and maximize energy savings. Using automatic light dimmers which are set to turn off once motion has not been detected for a designated amount of time can be an efficient way to cut down on the use of unnecessary lighting in spaces that are not utilized every second of the day, such as bathrooms, storage rooms, break rooms, kitchens, and other areas.

Posted by Larry Bennett at 7:47 AM

Coolair Industrial Ventilation Guide

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