These 3 Mistakes Could Be Costing Your Business Lots of Money
If you own or help operate a business, you know that energy usage can be one of your primary expenses. But if you are making one of these three mistakes, you could be making matters even worse by paying much more on your utility bill than you should be.
Mistake #1: Using old, inefficient equipment.
This isn’t groundbreaking news, but older equipment uses significantly more energy than its modern counterparts. Inefficient machinery, computers, even light bulbs and the refrigerator in your break room could all be contributing to your high utility bills. When it is time to upgrade your equipment, look for products with the Energy Star label – these items have been proven to promote significant energy savings.
Mistake #2: Neglecting your HVAC system.
Space heating and cooling is one of the biggest, if not the biggest, sources of energy consumption for most businesses. Failure to keep up with HVAC maintenance could secretly be costing your company thousands of dollars. Make sure to change your air filters, insulate your facilities, clean your air ducts, and tune up your HVAC system at least once per year.
Mistake #3: Not investing in power monitoring equipment.
When used correctly, power monitoring equipment can help you reduce your energy consumption by 20% or more. When you install power meters and submeters on your equipment, you can identify areas of inefficiency. Using this knowledge, you can then develop and implement programs to reduce and even eliminate energy waste.
If you want the best power monitoring equipment, you need Electro Industries. We have been a worldwide leader in the energy management industry for more than 40 years, and have helped businesses across the globe accurately monitor their energy consumption. Visit our website for more information, or give us a call at 866-928-7908.