Utility Tips for Small Business Owners

Utility tips are generally designed to help the common consumer. However, businesses have their own specific needs that must be accounted for. To that end, we have gathered some utility tips specifically designed for small businesses that we will discuss below.

Pay attention to your electric bills

It is essential to read and understand the statements you receive from your utility provider. This is especially important for a business because certain utilities, namely electricity and water, are essential for operating your business. Simply put, a day with out electricity is often a day wasted, no matter what your industry is.

Know your energy usage and charges

Now that you are paying attention to your electric bills, it is necessary for you to understand the information being provided to you. Study your statements and learn how much you are paying per kilowatt-hour (kWh), the base amount that electricity is charged in, as well as any other information you feel might be relevant. If you have any questions, contact your utility’s customer service department. Once you have a good handle on what you are being charged, why, and how your consumption habits influence your bills, you will be able to make intelligent decisions aimed at saving your business money.

Control the temperature

If you lower the temperature on your thermostat, you will pay less on your electricity bill. This is simple advice that can have a huge impact on your business. One of the best ways to intelligently control your business’s temperature is to purchase a smart thermostat.

A smart thermostat comes with many great features, including a wealth of data about your building’s energy consumption patterns, as well as functionality that allows you to change the temperature when away from the office. Try lowering temperatures during the evenings when your business is closed to save money.

Look for energy efficient appliances and equipment

There are also several options for long-term savings on your utility bill. For example, investing in an ENERGYSTAR rated appliance will increase the energy efficiency of for your business in the long term. Additionally, you can purchase energy efficient light bulbs for the same effect. Be sure to keep an eye out for federal incentives that promote the use of energy efficient light bulbs and appliances—such incentives can reward your business with tax deductions.

Know your options as an energy consumer

It is important to know your rights and choices as an energy consumer. Energy Choice Ohio is a great resource for learning more about the options available to you as an energy consumer in Ohio. Also note that Ohio electricity providers must have a certification from the Public Utilities Commission of Ohio (PUCO) to legally do their business.