The Countdown Is On! How Much Money Can You Save for Your Business?

THE COUNTDOWN IS ON! HOW MUCH MONEY CAN YOU SAVE FOR YOUR BUSINESS? MARCH 2015 sun mon tue wed thu fri | sat 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 CAN YOU IMPRESS YOUR DIRECTORS BY MAKING SAVINGS BEFORE THE END OF THE 2014/15 FINANCIAL YEAR? The 2014/15 financlal year ends on March 3ist 2015. Can you enhance your chances of landing a healthy annual bonus by significantly cutting youR company's carbon footprint and financial outgolngs before the deadiline? Remember! The Carbon TRust estimates that a 20% cut In energy costs RePresents the same beneflts as a 5% IncRease in sales. We've outlined some green-pRoofing measures that all businesses should be using. By doingabit of maths, you could Save youR company a fortune. MONITOR YOUR HEATING MORE CLOSELY - Heating accounts for 29% of all energy use in non-domestic bulldings - AccOrding to Love Energy Savings, the average annual energy bill for Holding OR otheR Investment Offices is EI1,528 29 = 14.5 - This means if these businesses halve their heating bill by uSing a moRe efficient temperature-monitoring system, they can save E1,671 O.145 x 11,528 = 1,671 LIGHTING - Up to 40% of a building's electricity use is attributed to Nghting - Replacing a traditional light bulb with an equivalent Compact Fluorescent Lamp will save you £3 a year OR £45 over the cOURse of the bulo's lifetime - Occupancy sensORS - which enSure lights are only used when somebody is in the Room-can cut your electricity use by 30% TRAIN YOUR WORKFORCE TO DRIVE MORE ECONOMICALLY - An average caR dRiver can save up to £300 a yeaR just by changing theiR driving style - Diesel-powered engines are up to 35 per cent more efficient than petrol equivalents on average (depending on the model) - A test conducted by the AA and Auto Express magazine found that motorists who adopted a more economical style managed to save between 10 and 33% on their weekly fuel bills HAVE YOU JOINED THE SMART METER REVOLUTION YET? - The government wants every UK home and business to have a smart meter by 2020 - As of the second quarter of 2014, 561,300 smart and advanced meters had been installed in non-domestic properties in the UK TECHNOLOGY COSTS - A computer still uses 25%. of Its waking power consumption when it is in 'sleep mode - All gadgets are different, but you can calculate the average daly energy consumption of youR computer by using the following equation (Wattage x Hours Used Per Day) Daily Kilowatt-hour (KWh) consumption 1000 SWITCHING ENERGY PROVIDERS - AccOrding to Love Energy Savings, an average company can save £1,T12 a year by changing their energy tariff - Yet 40% of BRitish businesses have never switched their energy PRovider - the equivalent of 2.08 million companies - That's £3.68 billion that British businesses could be saving Information souRced from: Love Energy Savings, CaRbon TRust, AA, MiCROSoft, Consumer Energy Center, Energy Saving TRust, www.gov.uk LOVE ENERGY SAVINGS