The economic genius Milton Friedman said that the most important duty of any business is to be profitable. This is something which is already common knowledge, but what a lot of people do not realize is that profit is more than the earnings of a business, but is instead these earnings minus the company?s expenses. Of course, any business which earns less than it spends will not remain a viable concern for long ? so it is important for businesses to increase their profit margins by cutting costs. One of the largest expenses paid by businesses is their energy bills. Thankfully, it?s not that difficult to save money on your businesses? energy costs.
One way to dramatically reduce your energy costs is to use different light bulbs. Many light fixture can operate with lower wattage bulbs or even LED light bulbs, which while costing a little more initially will produce a lot of savings in the long run, as will compact fluorescent bulbs if it is possible to use them in your existing fixtures.
Using timers for appliances which use a lot of energy can also save your business a lot of money on energy. Many businesses simply leave electrically powered items on over the weekend, resulting in a lot of wasted resources (not to mention money). Putting these items on a timer which will automatically shut them off will save a great deal of money in a relatively short amount of time. Timers are inexpensive and easily installed as well, so there is really no reason not to use them in your office.
Insulating a building is a very common way to cut down on expenses. It costs a lot of money to heat an office and when heat is escaping due to poor insulation then it is escaping needlessly. Insulating an office is not an expensive proposition and, like most LED lights, insulating ultimately pays for itself over time.
Having an energy audit could prove quite helpful. Yes, there are professionals who can examine a building and assess any problems with electrical energy expenditures. Of course, once these problems are revealed proper steps can be made to correct such flaws. You cannot undervalue the great benefits these professionals offer and that is why procuring their services is so highly recommended.
In addition to saving a great deal of money for your business, there is an ancillary benefit as well. Namely, your business will be contributing greatly to the environment. By taking part in energy conservation, our natural resources will not be depleted at an accelerated rate. This connects to Milton Friedman?s assertion that the greatest social justice a company can perform is earning a profit. In this particular instance, boosting profits by cutting energy expenditures creates the ancillary effect of a cleaner environment. Any company that contributes to such a cause truly is deserved of acclaim. Why not let your business be among these companies? - 16890
One way to dramatically reduce your energy costs is to use different light bulbs. Many light fixture can operate with lower wattage bulbs or even LED light bulbs, which while costing a little more initially will produce a lot of savings in the long run, as will compact fluorescent bulbs if it is possible to use them in your existing fixtures.
Using timers for appliances which use a lot of energy can also save your business a lot of money on energy. Many businesses simply leave electrically powered items on over the weekend, resulting in a lot of wasted resources (not to mention money). Putting these items on a timer which will automatically shut them off will save a great deal of money in a relatively short amount of time. Timers are inexpensive and easily installed as well, so there is really no reason not to use them in your office.
Insulating a building is a very common way to cut down on expenses. It costs a lot of money to heat an office and when heat is escaping due to poor insulation then it is escaping needlessly. Insulating an office is not an expensive proposition and, like most LED lights, insulating ultimately pays for itself over time.
Having an energy audit could prove quite helpful. Yes, there are professionals who can examine a building and assess any problems with electrical energy expenditures. Of course, once these problems are revealed proper steps can be made to correct such flaws. You cannot undervalue the great benefits these professionals offer and that is why procuring their services is so highly recommended.
In addition to saving a great deal of money for your business, there is an ancillary benefit as well. Namely, your business will be contributing greatly to the environment. By taking part in energy conservation, our natural resources will not be depleted at an accelerated rate. This connects to Milton Friedman?s assertion that the greatest social justice a company can perform is earning a profit. In this particular instance, boosting profits by cutting energy expenditures creates the ancillary effect of a cleaner environment. Any company that contributes to such a cause truly is deserved of acclaim. Why not let your business be among these companies? - 16890
About the Author:
About the author: Jerry Dyess has been specializing in the Texas Electricity market segment for the past 7 years. He has published many articles on Texas Electric prices.
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