Click here to close


Please take a moment to complete our survey. Click here for details.

Energy


The power within



How to reduce your energy costs by 20 to 30 percent with a minimal investment

By Jessica Tremayne


Smart Business Columbus | January 2009

Page 1 of 2

Print This Page
Send this page to a friend

Ron Casteel<BR>executive vice president<BR>Sovereign Homes
Ron Casteel
executive vice president
Sovereign Homes


The days are long past that energy was so cheap you could afford to waste it. Now, financial and environmental concerns have made saving energy a priority for every business. When done right, you can expect to achieve a savings of 20 to 30 percent off your current monthly utility bill, with minimal investment.

Getting started on saving can be as simple as making employees aware that energy efficiency is a priority for your company. Employees who regularly turn off lights and computers at home don’t bring that same mindset to work. By recruiting employees to help manage your company’s energy usage, you can start to save money.

Seventy-nine percent of readers surveyed by Smart Business say they expect energy costs to continually increase over the next 12 to 18 months. Full dedication to efficiency is necessary to maximize savings because energy experts say halfhearted efforts get similar results.

“At a time when most CEOs are thinking about how to keep their doors open because of the economy, they should consider energy efficiency to help with today’s problems and prevent some for tomorrow,” says Ron Casteel, executive vice president, Sovereign Homes.

Why managing energy use is important

Energy efficiency is a prime example of what you don’t know can hurt you. Few people are aware that energy-efficient business desktop computers are available that cost about $10 a year to operate and are about 75 percent more efficient than typical PCs. Installing certain models of smart thermostats allows you to program them wirelessly through the Internet, allowing for temperature adjustments without physically being at the facility. Also, new smart electric meters translate energy wattage use into dollars and allow you to track energy use online.

“Tough times are the mother of all invention,” Casteel says. “Appoint an energy czar, make every staff meeting include an energy-saving tip and share energy costs as widely as possible, making employees take ownership of their energy use. Take all necessary steps to take advantage of energy savings.”

ENERGY STAR, an Environmental Protection Agency and U.S. Department of Energy program, along with your utility provider and local city hall can help you reduce energy waste by providing regional energy-efficiency tips, financial incentives and energy audits of facilities. ENERGY STAR endorses more than 50 types of products, which are identifiable by a label that indicates the amount of energy it will require during average use and will tell you the savings you can expect by choosing that product over products that aren’t approved by the ENERGY STAR program. Purchasing the proper equipment and carrying out good habits will reduce your energy expenses exponentially. For example, you will use 30 to 35 percent less energy using an ENERGY STAR battery charger or power adapter over conventional products.

By changing purchasing habits and being more cautious of efficient equipment operation, you’ll immediately reduce your energy bill. By purchasing ENERGY STAR-qualified products, you’ll use about half the amount of electricity that would be used without the efficient product. For example, when a computer is placed in sleep mode, it uses 75 percent less energy and a copier uses 40 percent less energy.

Most businesses use 25 percent of their energy on lighting. Compact fluorescent bulbs last longer than traditional bulbs and use 75 percent less energy. Even if it means renovating your entire lighting system, you’ll see a return on your investment in anywhere from five months to three years.

“An Ohio bill recently passed that mandates new construction to be more energy-efficient,” says Ross Parkman, senior director of utilities, energy services and sustainability, The Ohio State University. “Politicians aren’t lightening up on their approach to energy conservation. It’s better to make the decision willingly and with incentives today than forcibly tomorrow.”

More Energy




Energized organization
How to create an open corporate culture


It’s electric
How Tony Alexander energizes employees at FirstEnergy Corp.


Talk ain’t cheap
How to maintain a healthy dialogue with your employees




Generating leadership
How Julius Steiner moves Gamesa USA forward by going back to the basics


In the trenches
How Chet Erwin and Mike McGhan grow Valerus by listening to their front-line employees


One voice
How Rich Preziotti turned a fractured Vertellus Specialties into a unified force


3 Questions
Aili Jokela, senior vice president, senior partner, general manager and co-chair of the Sustainability Practice Group, Fleishman-Hillard


3 Questions
Jack Hill, stadium general manager, Dallas Cowboys


Sustaining momentum
Get the rundown on sustainability before your resources run out.


Sustaining momentum
Get the rundown on sustainability before your resources run out.


Sustaining momentum
Get the rundown on sustainability before your resources run out.


See all articles in Energy


search



Copyright © 2009 Smart Business Network Inc.  •  Publishing, Sales, & Editorial Office  •  Smart Business Online
835 Sharon Drive,  •  Suite 200  •  Cleveland, OH 44145  •  P: 440-250-7000  •  F: 440-250-7001  •  E: webmaster@sbnonline.com

Website Development: Veridean Technology Solutions, LLC.