Businesses have seen a sharp increase in their unit kWh cost for energy. Many businesses will have had their energy unit rate fixed and may have some reprieve in the short term, but with analysts predicting further rises in energy costs, every business will eventually be effected.
Many businesses will have seen their unit rate increase from 0.14 or 0.15 cent up to 0.35 or even 0.40 cent. If you are a significant energy user, an increase of this magnitude is unsustainable for your business.
What can you do?
Well, it back to basics. You need to understand what is consuming energy in your business, buildings and operations. You may think you know, but until you actually measure it, you don’t know what and you don’t know when. It’s very surprising for businesses to see the amount of wasted consumption that is happening at night, at weekends and over bank holidays.
Renting meters to measure your consumption is a cost effective way of getting a clear picture of what is happening in your business. It provides the information without the financial outlay. Once you have this concrete information, you can start to manage and look at energy saving opportunities that will save you money. It will also provide data to benchmark your consumption against similar type businesses and gauge how good you are performing.
If you would are experiencing unsustainable energy costs you need to take action now. We can help you take the first steps. Contact me at caroline@ticcbox.com
