10 tips to help your small business survive rising electricity costs | The Citizen

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The only solution in the short term is for businesses to use electricity more efficiently, use less and treat it like the scarce resource it has become. Here are the 10 tips to help your small business survive rising electricity costs 👇

. This is going to lead to inevitable price increases on everything, driving inflation way past the current 6-7% which is already crippling growth and job creation,” Roger Hislop, energy management systems executive at CBI Energy, says.

Hislop says the only solution in the short term is for businesses to use electricity more efficiently, use less and treat it like the scarce resource it has become. With many small businesses facing a financially challenging 2023, Hislop gives these ten tips to help them take control of their electricity costs:Many business owners do not know what they are paying for, such as ‘time of use’ tariffs and Notified Maximum Demand penalties.

Basic dumb timers can do the job, although a better option is centrally managed load controllers that let you quickly adapt to changing conditions.Do not leave anything running unless it is needed. Install load controllers on your meeting room air conditioners, for example. This, combined with a room occupancy sensor, means you only consume power when necessary.Review your office design and make it more efficient.

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You cannot use it more efficiently if there aren't any.... If you have fridges and cold rooms that need constant cooling you are screwed....

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