Exploring options to save on energy cost could have very little investment and effort.
Energy efficiency in businesses can often provoke fear in the possibility of having to make a large investment. When thinking energy efficiency business owner's thoughts may turn to having to purchase large green technology. However, there may little effort needed to make a possible big impact.
Many businesses and offices still leave their lights blazing throughout the night, while computer systems are never switched off even when they're not in use, wasting energy and possibly adding costs. These issues may be easy to solve with a simple reminder to employees to switch of lights, computers and any systems that don't need to be on when no one is around.
"The choices a company makes about its energy sourcing and consumption can profoundly influence its cost structure."
In a recent survey conducted by the Harvard Business Review, 145 companies were studied to see how their performance was in regards to energy practices, including developing a formal strategy, deploying cutting-edge technologies, and leveraging advanced financing mechanisms. During this research, they recommended five steps that could lead to building a robust energy strategy.
1. Start with a leadership-level mandate
When leaders step up to the plate, the team usually is set to follow. Try encouraging employees to be energy efficient in your business. A quote by Annie Wojcicki said, "The reality is that the only way change comes is when you LEAD by example."
2. Integrate energy efficiency into the company's vision and operations
This goes hand-in-hand with #1. When you set the standard that energy efficiency is an important and essential factor to keep the business running, it may encourage others to make it a part of their daily work routine.
3. Track energy at all levels
It may leave some business owners and leaders embarrassed when their company can't easily say how much energy they use. According to Harvard Business Review, Energy is among the biggest cost areas for companies—along with people, product costs, facilities, and equipment. Try to incorporate a business plan where you can track your business consumption from a month-to-month, or year-over-year bases. Try some energy efficient tips your local electricity provider may have available and see if those may an impact over time.
About Gexa Energy
Gexa Energy is one of the fastest-growing retail electricity providers in the U.S. and has served residential and commercial customers in Texas since 2002. We provide customers with affordable electricity plans, and all Gexa Energy residential plans are 100% green!
Take a look at our energy plans for home and energy plans for business and find the plan that’s right for you!