If you want to increase revenue within your business, saving energy could be the simplest and most effective way to do so.

Lowering outgoings, increasing sales and customer satisfaction are the fundamentals within every business. There are probably no recession proof businesses; it is reasonably safe to say that all businesses will, to varying degrees experience the affects of the economic decline. This is why companies should make changes where they can. And energy is, where they can!

?Consumer?s belts are tightening with the continuing fragility of the European and UK economies and the impact of the Government?s austerity measures.?

Energy costs may only be a small percentage of the turnover but by reducing energy costs can directly increase revenue, without having to scrimp on quality thus diluting customer satisfaction and loosing sales.

The hospitality sector is reliant on consumer confidence and business sentiment and is confronting increasing pressure to deliver innovation, quality and value. ?Consumer?s belts are tightening with the continuing fragility of the European and UK economies and the impact of the Government?s austerity measures.?

Therefore a plan of action needs to be put in place, energy is not going to save itself, business need to make a full-proof plan. Reduction, monitoring, awareness and efficiency are key in the process of reducing business?s energy bills.

All of the above is highlighted in this PDF from The Carbon Trust

So to start the process of change, reduction is vital, many businesses waste energy where energy is not needed. For example lighting is kept on, when it is not in use, this can be simply nipped-in-the-bud by making it staff?s responsibility to turn lights off or timers can be put in place to prevent this occurring.

Another tip is to check the building for damp, because damp causes significant damage to the building and can reduce insulation. It is also important to keep heat in, ensuring windows and doors are shut and blinds and curtains are closed, when the heating is on and then promoting customers to do so too. This shows to the customers the business is environmentally friendly and support wastage prevention. This could mean the consumer is more likely to respect the company and their principles.

It is essential to have someone/s to monitor the bills, whether it be the finance team or an energy consultancy, mistakes can be made by energy supplier, accuracy is not always the case and better tariffs can be applied. It is important to find the most competitive pricing, especially for businesses that do use a lot of energy (swimming pools, health facilities, lots of lighting and heating) because energy bills can appear large already. It is a case of keeping an eye on the energy markets, especially closer to the contract end date. This is to avoid either paying a high renewal price, being placed on deemed/ out of contract rates (higher rates) or rushing into choosing a tariff, which is perhaps (more than likely) not the most competitive.

?Simple actions such as educating awareness amongst kitchen staff and providing energy management training can reduce catering energy use by up to 30%.?

Not only monitoring bills is important but also similarly, the awareness and education of staff and the business owners is key. Educating them on certain energy saving tactics: from making sure the thermostats are at the right temperature and that they are set correctly to placing the pool cover over the swimming pool when it is not use. These simple tasks can make all the difference, to the overall savings.

Within catering facilities, energy awareness is major. Simple actions such as educating awareness amongst kitchen staff and providing energy management training can reduce catering energy use by up to 30%. This would be tasks like making sure fridge/ freezer doors were closed and making sure they are set to the right temperature, using dishwashers at full loads and shortening their wash, turning equipment off when it is not in use and considering heat recovery systems. There are so many other elements to be considered, but without education, direction or management these efforts simple will not occur.

?UK businesses could collectively save over £400 million a year just by taking steps to improve the efficiency of hot water boilers.?

Last but by no means least; energy efficiency is key to business reduction costs. Even the simplest of measures to improve energy efficiency can have a significant impact on energy costs. ?UK businesses could collectively save over £400 million a year just by taking steps to improve the efficiency of hot water boilers,? according to the Carbon Trust.

Energy-efficiency can be achieved by making changes to lighting, replacing fluorescent lighting with LED?s. This will save on energy; cost (bills), time (they last over 20 years) and less heat is wasted. Another important energy-efficient task is taking regular meter readings or investing in Smart meters, which allow the operator complete control over the system and the readings are automatically send to the supplier, with complete accuracy.

So with all these factors in mind, to summarise, businesses strive to be successful, make money and build good reputations amongst the hospitality industries and most importantly with their customers. So in order for businesses to achieve and maintain this success, capital is of great importance; so by taking on board these energy tips will allow positive results. By having a tight grasp over energy management businesses can reduce energy costs, achieve energy- efficiency, maintain control, and enhance sales and reputation.

Resources

Carbon Trust

PWC

Business Juice