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How can my small business save energy and money?

Find out more.

It’s not an easy time to be a small business owner. Costs are rising across the board, including for energy. If you’re worried about the impact of rising energy costs on your bottom line, there are smart and practical things you can do to lower your energy use and help get your energy bill under control.

Six ways to reduce your small business’ energy bill

1- Make sure you’re on the right plan

Contact your retailer and make sure you are on the right plan for your business. You can do this by asking things like:

  • How am I being charged for the energy I use?
  • Am I on the best rates and plan for my business needs?  
  • Do you have any additional offers for small businesses?

Comparing energy plans can be confusing. We’ve put together a factsheet with all the information you need to know to choose what plan best suits your circumstances.

You can also visit the relevant government comparison website and see if you can get a better deal (just don’t forget to have your bill handy).

Victoriawww.compare.energy.vic.gov.au
QLD, SA, TAS, ACT, NSWwww.energymadeeasy.gov.au   

Not sure if your bills are high? Check out this government comparison website where you can compare your energy usage to other businesses like you:  https://www.checkyourenergyspend.com.au

2- Get an energy audit

According to our research, only 5% of businesses have completed an energy audit. An energy audit can come to your business and make recommendations for lowering your costs and energy use. The best thing about an energy audit is that it is tailored to your unique circumstances so they will come up with a plan that works for you.

The energy auditor will look at your previous bills, assess your equipment and premises, and consider your business needs. The audit will also provide a breakdown of the high energy use parts of your business and how each contributes to your energy bill. This can help you make informed decisions to lower your use.

Check out government websites in your state such as www.sustainability.vic.gov.au for more information.

3- Set the temperature

Adjusting your heating and cooling by can have a significant impact on your bill. Every degree up or down can increase energy use by 5-10% if it doesn’t have a negative impact on your business:

  • In winter have the temperature set at 18-20 degrees
  • In summer have the temperature set at 24-26 degrees

4- Lighting

Consider switching to more energy efficient light bulbs such as LEDs if you haven’t already. Lighting can account for 10-25% of your bill, and for some businesses this could be up to 50%, so this is a quick win.

You could also consider installing motion detectors and timers instead of relying on staff to switch off lights.

Check your state government website for any energy efficient upgrade programs.

5- Energy Efficiency

When replacing appliances like fridges, aim for the highest energy rating that also suits your budget and sizing requirements.

Check your state government website for any rebates you may be eligible for when considering an upgrade. For example, in NSW there is the Energy Savings Scheme.

6- Consider solar and batteries

Installing solar or a battery can be a smart move for your wallet and the planet but it won’t be suitable for every business. If you’ve decided it works for your circumstances, check out our Plug in resources for more information.

Don’t forget, if you are concerned about your energy bill, even if it’s only temporary call your retailer and ask how they can help you.