Many small business owners consider the cost of electricity as fixed and do not pay much attention to it. They receive a monthly bill in the mail, make a payment and move on with their daily business. For some, even if they want to do something about it, they feel helpless thinking that they do not have many options to save on electricity, other than to cut the usage.
While this may have been true in the past, many options have opened up recently that can help small business owners save money on their electric bills. Some of the options are driven by the elimination of monopoly and rise of competitors. Companies have been very proactive in helping business owners with ideas and presenting them with alternatives that can be tailored for specific situations.
Based on our work with several small business owners we have come up with a number of ideas you can look into to save on electric bills. Some are obvious, such as reducing the usage, while others require some effort on your part. With some education and ground work you can cut down your electric bills by 10-20%. Listed below is a compilation of ideas:
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