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Energy


The power within



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

By Jessica Tremayne


Smart Business Dallas | January 2009

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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.

Fifty-two percent of readers surveyed by Smart Business say they do not expect energy costs to increase over the next 12 to 18 months, but a full dedication to efficiency is necessary to maximize savings, as energy authorities say halfhearted efforts get similar results.

“Getting control of your data is an important factor in energy efficiency,” says Matthew Berke, president and CEO, LPB Energy. “Companies don’t review their utility bills thoroughly; they may be paying their neighbor’s bill or missing bill errors. You can also save 30 percent of your energy bill by shopping through competitive supply. Another area to save is through demand response utilities, where you agree to shut off your power during an emergency blackout. You will likely rarely need to use this, but regardless of use, you’ll receive a percent rebate for agreeing to close in an emergency.”

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