The economic genius Milton Friedman said that the most important duty of any business is to be profitable. This is something which is already common knowledge, but what a lot of people do not realize is that profit is more than the earnings of a business, but is instead these earnings minus the company?s expenses. Of course, any business which earns less than it spends will not remain a viable concern for long ? so it is important for businesses to increase their profit margins by cutting costs. One of the largest expenses paid by businesses is their energy bills. Thankfully, it?s not that difficult to save money on your businesses? energy costs.
You can see significant energy savings by simply using different bulbs in your office light fixtures. You can choose lower wattage bulbs (many fixtures are fitted with bulbs which are higher wattage than are needed), or you can choose compact fluorescent bulbs or LED light bulbs. While these will cost more than traditional bulbs, the money they will save your company on energy over the long run make these a very worthwhile investment.
Timers can also save your business a lot of money on energy costs. It?s surprising how much money businesses lose by leaving electrically powered devices on overnight and on weekends which could be automatically turned off by a timer. It?s inexpensive to purchase timers and easy to install and use them; they are something which should be strongly considered by every office.
Making sure that your building is properly insulated will also allow your company a lot of energy savings. Heating or cooling your office can be a significant expense, which insulating your building well will greatly reduce. It?s not very expensive to install insulation ? and you?ll save so much money on energy that it will pay for itself pretty quickly.
Having an energy audit performed can be very helpful. There are professionals who are expert in helping businesses save money on energy costs by finding problem areas where energy is going to waste. By implementing their suggestions, your business could save untold amounts of money over time with some simple and generally cheap steps.
In addition to saving a great deal of money for your business, there is an ancillary benefit as well. Namely, your business will be contributing greatly to the environment. By taking part in energy conservation, our natural resources will not be depleted at an accelerated rate. This connects to Milton Friedman?s assertion that the greatest social justice a company can perform is earning a profit. In this particular instance, boosting profits by cutting energy expenditures creates the ancillary effect of a cleaner environment. Any company that contributes to such a cause truly is deserved of acclaim. Why not let your business be among these companies? - 29939
You can see significant energy savings by simply using different bulbs in your office light fixtures. You can choose lower wattage bulbs (many fixtures are fitted with bulbs which are higher wattage than are needed), or you can choose compact fluorescent bulbs or LED light bulbs. While these will cost more than traditional bulbs, the money they will save your company on energy over the long run make these a very worthwhile investment.
Timers can also save your business a lot of money on energy costs. It?s surprising how much money businesses lose by leaving electrically powered devices on overnight and on weekends which could be automatically turned off by a timer. It?s inexpensive to purchase timers and easy to install and use them; they are something which should be strongly considered by every office.
Making sure that your building is properly insulated will also allow your company a lot of energy savings. Heating or cooling your office can be a significant expense, which insulating your building well will greatly reduce. It?s not very expensive to install insulation ? and you?ll save so much money on energy that it will pay for itself pretty quickly.
Having an energy audit performed can be very helpful. There are professionals who are expert in helping businesses save money on energy costs by finding problem areas where energy is going to waste. By implementing their suggestions, your business could save untold amounts of money over time with some simple and generally cheap steps.
In addition to saving a great deal of money for your business, there is an ancillary benefit as well. Namely, your business will be contributing greatly to the environment. By taking part in energy conservation, our natural resources will not be depleted at an accelerated rate. This connects to Milton Friedman?s assertion that the greatest social justice a company can perform is earning a profit. In this particular instance, boosting profits by cutting energy expenditures creates the ancillary effect of a cleaner environment. Any company that contributes to such a cause truly is deserved of acclaim. Why not let your business be among these companies? - 29939
About the Author:
About the author: J. Dyess specializes in the Texas Electricity segment. He has published many articles on Texas Electric prices.
