Many of us will have entered the new year with a firm commitment to cut our costs and spend less money on the things we can control. As energy can be a relatively large overhead for many businesses, assessing and making small tweaks to the way you use it could translate into large savings. Whatever the size of your organisation, we have a range of solutions to help you make 2019 the year of saving money on your energy.
Monitor your energy use with smart meters
New technologies are opening up opportunities for you to monitor the energy your business uses. Different metering options are available depending on the size of your business (find out more about these here).These meters work alongside our free online energy management platform, Clarity (you can read more about this below) and come with benefits that can help you visualise how much energy you’re using and when. It also means an end to estimated bills as there’s no need to submit your meter readings, which can improve cashflow by reducing the possibility of catch up bills.
SSE Business Energy customers can also get free access to Clarity, our online energy management tool. Clarity works by taking your energy data and interpreting it into a meaningful picture of when and how you use energy – helping you identify areas where you could cut your consumption and save money.
Download our energy efficiency toolkit
Improving your company’s energy efficiency can save you money – even small adjustments such as switching off computer monitors when they’re not being used can translate into considerable savings. To help our customers do this, we’ve developed a free energy efficiency toolkit, which is available on our website.
This includes useful resources like a checklist to help you assess your company’s current energy efficiency, simple steps you can take to start saving money immediately and advice on how to keep your employees engaged with the energy efficiency process. You can also find out more about how to empower your team to achieve greater energy efficiency in our recent blog.
Arrange an energy audit
You could also make further savings by arranging for a professional energy audit. As part of this, your assessor will look closely at every aspect of your energy consumption and come up with some specific solutions to help your business reduce its energy usage and cut carbon emissions.
This can also count towards Energy Savings Opportunity Scheme (ESOS) compliance for larger companies who are required, as part of this Government mandated scheme, to demonstrate they’ve assessed their energy use and identified any energy saving improvements by 5 December 2019. You can view the criteria and learn more about the scheme and what you need to do in our recent blog.
Cut your energy usage
It may sound obvious, but another simple way to save money is to reduce the amount of energy you use. At its most basic, this will mean taking steps like switching off lights when they’re not being used, but by shifting your usage to a less busy time, you can also significantly reduce the amount of energy you use. For instance, could you arrange for your office cleaners to come in the morning rather than in the evening? The natural light means they’ll be less likely to need to turn lights on and there’s the added benefit that energy is often cheaper before 7:30am, as you’ll still be using your night tariff.
For those on a half hourly contract, timing your energy usage can have an even greater impact on cost reduction. This is particularly true in the winter months, when the three half hour periods that see the highest usage are subject to Triad charges (you can read more about Triads in our blog). The more these customers can shift their energy usage away from these busy times, the less impact they’ll see on their bills.
Get more from your portfolio
Some larger businesses may also have the ability to change how and when they consume or generate energy. We can help these customers make the most of their portfolio, including accessing additional revenue streams, through our new Virtual Power Plant (VPP) service.
SSE’s VPP knits together all types of distributed energy resources – including demand side response, battery storage, combined heat and power, generation and electric vehicles – to offer capacity and flexibility to different markets. You can decide how and when you want to make assets available to the system and these are then used automatically, with no disruption to your core business.
Whether you’re a large business or a small business, follow our advice today and start making savings.
For more information on any of the products or services mentioned in this piece, visit our website.