Top 5 Reasons to Address Energy Efficiency

When looking at continual improvement and trying to determine what your environmental objectives should be, there is so much choice, it’s often tricky to figure out what to address first.  One of the areas you can look into is energy efficiency and this blog will look at the top 5 reasons you should tackle this topic.

1. Save Money

Energy costs businesses money, but it is not a fixed overhead.  If you look at how much energy you use and where you use it, there is the potential to reduce energy consumption and save money on your bills.  In addition, most commercial energy sources are subject to the Climate Change Levy (CCL), a tax that is automatically added to bills; calculated on consumption, if you use less energy, you will pay less tax.

2. Environmental Benefits

There are so many environmental benefits to energy efficiency.  This includes a reduction in air emissions, contributing to poor air quality and climate change and improved resource efficiency.  A lot of our energy still relies on non-renewable sources, which are getting more difficult to obtain and cause additional environmental issues in their extraction, refining and transport.  In addition, reducing energy demand helps protect energy security, ensuring more resources for future generations.  Overall, improved energy efficiency will reduce your carbon footprint and work towards your businesses sustainable goals.

3. Legislative Compliance

Addressing energy efficiency can support companies complying with increasing environmental legislation.  There are many legislative mechanisms in place to encourage businesses to reduce their emissions and become more energy efficient, such as the ESOS and the Energy Performance of Buildings Regulations.  It is expected that these requirements will get tighter in the future and addressing energy efficiency now can assist businesses with continued compliance.

4. Improve Performance

The actions that you take to address energy will be dependent on your business, activities and budget, but will likely include assessing equipment use and maintenance.  Proactive maintenance on your equipment can help to make sure that it runs as efficiently as possible (thus saving energy) and save money on reactive maintenance costs.  Build-up of dust, blocked ducts and incorrectly set controls can affect the running and efficiency of equipment.  In addition to better efficiency, this could improve the working environment through more efficient and better controlled heating and cooling systems.

5. Sustainable Credentials

Many businesses publicly report on environmental performance, whether that be voluntarily or as required by legislation.  Improved energy efficiency, a reduced carbon footprint and reduced emissions will show continual improvement and support a reputation for an ethical operation, enhancing competitiveness and profitability.  These gains can also be used in marketing material and during tender processes to demonstrate you are a responsible business.

There are many reasons why improved energy efficiency will be beneficial to a business.  This will include financial reasons, such as reduced operating costs and attracting new business through increased sustainability credentials and environmental reasons such as reducing emissions and pollution.