Quick Guide: Save Your Start-Up Money By Reducing Power Costs

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You’ve probably heard every stereotypical energy saving solution under the sun by now. ‘Turn off your appliances when not in use’ is probably the most common, but the thing is, it’s not useful for businesses. Some companies always need that printer plugged in because it’s always in use. Some companies always need that computer plugged in to install security updates.

So, instead, this post will run down some power usage tips that you may not have considered. It’s imperative that start-ups save costs wherever possible, and this is one major area to do so. So, without further ado, here is a quick mini-guide to saving your small business money by cutting power costs.

1. Automatic lighting solutions

Ever walked into a bathroom and the lights come on by themselves? That’s what can help your company. Everyone leaves lights on accidentally or for too long, and automatic lighting will fix that.

When someone opens a door, they start a timer, and that timer dictates how long the lights are left on for. There are many other ways to implement auto-lighting, and this is one of them. By setting lights on a timer, you are fully in control of their usage.

2. Work with the professionals

There are many in-depth, technical tricks that can be used to reduce power costs, but most of us will have no idea how they’re done.

So, consider utilising the help of an external provider. You’ll not only cut power costs, but you could expose flaws in the way your business operates. A service like CapTech can offer you power usage optimisation advice and increased power safety. If you’re in any way concerned about the amount of energy your business consumes, remember that you’re not alone!

3. Conduct an energy audit

An energy audit lets you know just how efficient your business is when it comes to lighting and power usage. It’s safe to assume there will be ways you can improve, so having your building assessed is a good way to unmask them.

Even better; a lot of energy audits are free. Especially for businesses. If worst comes to worst, you could mark it down as a deductible expense on your tax return!

4. Install an adjustable thermostat

An adjustable thermostat means that you can tweak the temperature as you see fit. This way, you can be frugal as opposed to wasteful. And the building will still be warm! Win/win.

5. Give your staff a flexible work schedule

Your workforce are the people who will make your business tick, and you can’t survive without them. If you’re a start-up, you’ll probably have less employees than most, so you’re in a unique position.

Letting them work from home on one or two days a week accomplishes multiple things. For starters, you’ll probably have a happier set of employees, an invaluable asset for any company. Secondly, you’ll have less people in your building for less hours per week, which means less power used. If remote work is a viable solution for your business, implement it!

Did these energy tips help your start-up cut costs? Whatever the case, thanks for reading!

Engineering student by education and Entrepreneur by choice. Asish is a TCS Best Student Awardee, NDTV featured student entrepreneur and International School of Entrepreneurship Education awardee. He also worked with many startups and big companies for their business development and strategical growth. Asish has been heading The Startup Journal since its inception in 2014.