Your Guide to Saving on Home-Business Energy Bills
15th August 2024
Saving energy is also saving money. Let’s look at how you can save on your business energy costs.
The number of home-businesses in Australia and people working in a hybrid arrangement has stabilised since COVID-19. Implementing efficient energy solutions may be one of the most important steps forward if you are running a home business or home office.
Incorporating energy-efficient technology and appliances in your work space, you may be able to save both money and energy.
If you’re looking at how to reduce your electricity bills, the following business energy saving tips may be just what you need to get started.
Energy use at home
Running your business from home doesn’t have to mean high energy bills. You can limit your energy usage to a minimum without compromising on your productivity or comfort.
First, you will need to understand how much energy you use on a daily basis for both your personal and business purposes. This helps to determine which efficient energy systems will have the best impact.
What you should consider:
- the size of your house
- what part of your home is used for work
- your appliances’ energy-efficiency
- how you use the appliances in your home
You may also want to take a look at your electricity bill to consider the costs involved. There are two different parts to your bill –
- Supply charge/Daily Supply Charge/Service To Property Charge – This is the cost to supply electricity to your property. On the Red Energy bill, it’s called the ‘Service to Property’ charge and is calculated by multiplying the number of days in the billing period by a fixed rate.
- Usage charges – This is where tariffs come into play. These charges are for the amount of electricity you have consumed during the billing period. The fixed cost and the variable cost.
There are three important steps to take once you have decided to install energy-efficient systems:
- Information
Once you have decided to take action, look into what your options are. Are you looking for a heating and cooling solution? Would you prefer your appliances to be eco-friendly? Or would you like to get off the grid? Answering these important questions is your first step in deciding which system to install.
- Organisation
Control your energy usage by knowing how your electricity bill works and what you are being charged. Identify the least efficient appliances around your house. This will help you determine where to start and what system to install.
- Implementation
Once you have all of your facts and figures, decide on the best system for your needs. You may need a combination of energy efficient systems to reach the desired effect. Choosing energy saving appliances and implementing energy saving measures may also impact your business in a positive way.
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Energy saving tips for business
Australian homes generate 10% of carbon emissions in Australia. The following energy saving tips could help reduce your carbon footprint while saving you money:
- Get a solar PV system installed at your home. This will not only help save energy and money, but it helps the environment too.
- Switch off all computers, printers, monitors, and lights at the end of the day.
- Email information rather than using memos and faxed documents.
- Buy dimming light fixtures which allow you to adjust them based on how much light is needed in a room.
- Turn off all lights and signs that are not needed for safety or security reasons.
- During summer, close your curtains or shades in the morning and evening to reduce a rise in temperature in your workspace. This will allow you to save on cooling.
- Turn off the air conditioner for the last hour of your work day whenever possible.
- Ensure that your heating and cooling systems are well maintained.
The final word
Running a business from home is no easy feat. It presents many challenges; however, applying the above tips can help save on energy bills. Reducing your energy usage will save you money, which may help your business to be more profitable.
Despite having a high initial outlay costs, installing energy-efficient systems in your home business may help with saving money if used efficiently.
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References
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About Red Energy
Red Energy is 100% owned by Snowy Hydro Limited, who own, manage, and maintain the Snowy Mountains Hydro-electric Scheme in New South Wales. Our Customer Solutions team is 100% based in Australia.
