Business information Archives - Next Business Energy https://nextbusinessenergy.com.au/blog/category/business-information/ Because your business deserves better Tue, 11 Jun 2024 02:17:01 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.1 https://nextbusinessenergy.com.au/wp-content/uploads/2023/08/cropped-fav-icon-32x32.jpg Business information Archives - Next Business Energy https://nextbusinessenergy.com.au/blog/category/business-information/ 32 32 Measuring, Reporting On, and Reducing Emissions https://nextbusinessenergy.com.au/blog/measuring-reporting-on-and-reducing-emissions/ Wed, 22 May 2024 04:19:57 +0000 https://nextbusinessenergy.com.au/?p=10201 The post Measuring, Reporting On, and Reducing Emissions appeared first on Next Business Energy.

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In today’s environmentally conscious world, businesses of all sizes are increasingly aware of the importance of reducing their carbon footprint. For small businesses, implementing sustainable practices benefits the planet and can lead to cost savings and improved reputation. One crucial aspect of sustainability is measuring, reporting, and reducing emissions. 

This guide will explore how small businesses can effectively tackle this challenge.

Understanding Emissions

Emissions typically stem from various sources, including energy consumption, transportation, waste management, and production processes. By identifying these sources, businesses can pinpoint areas where emissions can be reduced most effectively.

Measuring Emissions Using Data

Accurate measurement is the foundation of any effective emission reduction strategy. Small businesses can start by assessing their energy consumption and carbon emissions using tools such as energy metres and emission calculators. These tools provide valuable data that businesses can use to track their progress over time and identify areas for improvement.

Businesses should consider conducting a greenhouse gas (GHG) emissions inventory to comprehensively assess their carbon footprint. This inventory takes into account all sources of emissions, including direct emissions from fuel combustion and indirect emissions from purchased electricity and other sources.

Sharing your plans

Once emissions have been measured, and strategies for emission reduction have been decided,  businesses should consider how they will share their strategies and goals with their customers, stakeholders and employees.  Demonstrating your commitment to sustainability will enhance your business’s reputation and environmental credentials.

In larger businesses, reporting on emissions can take various forms, from simple internal reports to more comprehensive sustainability reports following internationally recognised frameworks such as the Global Reporting Initiative (GRI) or the Carbon Disclosure Project (CDP). Regardless of the format, the key is communicating emissions data clearly and accurately, highlighting progress made towards emission reduction targets and how your business plans to reduce these further.

Recent changes mean that more than 6,000 Australian Business entities will be required to report under new climate-related disclosure requirements in the next few years, so starting on this journey now may save bigger businesses some pain down the track.

Setting Targets and Goals

Small businesses should set ambitious but achievable emission reduction targets to drive meaningful change. These targets can provide a clear roadmap for action and help hold your company accountable to itself and your customers for its sustainability efforts.

When setting targets, businesses should consider factors such as their current emissions baseline, industry benchmarks, regulatory requirements, and stakeholder expectations. Targets can focus on reducing emissions, increasing energy efficiency, transitioning to renewable energy sources, or implementing other sustainable practices.

Implementing Reduction Strategies

With emissions measured, reported, and targets set, it’s time to implement reduction strategies. Small businesses can take a multi-faceted approach to emission reduction, incorporating measures such as:

    • Reducing landfill: Be conscious of what you are throwing out, ensuring that you recycle, reuse or repurpose as much as possible. This helps you reduce the amount of rubbish you create.

    • Be conscious of your energy usage: When purchasing new appliances for your office, consider energy consumption. Take note of the appliance’s energy rating and efficiency. While the initial purchase may be greater, an energy-efficient appliance may lead to future savings and reduce carbon emissions.

    • Consider GreenPower:  Talk to your Energy Retailer about GreenPower options that may be available to you.

    • Consider using Green options when travelling: Reduce your travel footprint, by offsetting your flights and taxis by choosing green options if available.

    • Reduce packaging:  Review the amount and type of packaging you or your suppliers use for your products.

    • Reduce your freight use: Review how much freight you use in your business Can you fit more into your trucks and containers? Can you use fewer trucks or trips, can you find suppliers that are local?

    • Support a greener future: There are many ways to support cleaner energy, and many energy retailers are active in improving their green offerings. Next Business Energy partners with energy efficient companies to form the Next Green Group, working towards a cleaner energy future.

    • Opt for ethical suppliers: Every financial decision a small business makes matters. Choosing ethical suppliers who support environmentally friendly initiatives can make a considerable difference in your carbon footprint.

    • Minimise your digital carbon footprint: Physical supplies are not the only important environmental considerations, with online activities a significant aspect of a business’s carbon footprint. There are simple things you can do, including compressing images to reduce website energy usage and opting for green web hosting. Reducing your website’s energy usage also speeds up your site, making it more user-friendly and potentially leading to sales.

Conduct an energy audit to understand your business’s energy consumption and start making a difference today. 

Monitoring and Reviewing Progress

Emission reduction is an ongoing process that requires regular monitoring and review. Small businesses should track their progress towards targets, identify any barriers or challenges, and adjust their strategies accordingly. By fostering a culture of continuous improvement, businesses can ensure that their sustainability efforts remain effective and impactful over time.

Taking Action Towards a Sustainable Future

Taking steps to reduce emissions is a significant step for small businesses that are genuine in their commitment to sustainability. By understanding your emissions footprint, setting targets, and implementing reduction strategies, your business can reduce its environmental impact, achieve cost savings, enhance its reputation, and contribute to a more sustainable future for all.

At Next Business Energy, we’re committed to supporting small businesses on their sustainability journey. Contact us today to learn more about our business energy solutions and how we can help you reduce your emissions and achieve your sustainability goals.

 

References

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Manage Your Energy with Smart Plugs https://nextbusinessenergy.com.au/blog/manage-your-energy-with-sart-plugs/ Wed, 15 May 2024 02:10:17 +0000 https://nextbusinessenergy.com.au/?p=10198 Energy efficiency is not just an environmental consideration but a crucial economic strategy that reduces energy bills and other costs. Australian businesses are increasingly turning to innovative solutions to cut down on energy use and lower costs. At Next Business Energy, we champion solutions that help small businesses reduce their energy bills. One such solution […]

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Energy efficiency is not just an environmental consideration but a crucial economic strategy that reduces energy bills and other costs. Australian businesses are increasingly turning to innovative solutions to cut down on energy use and lower costs. At Next Business Energy, we champion solutions that help small businesses reduce their energy bills. One such solution that is often overlooked is smart plugs, a simple device with the potential to reduce energy costs and improve operational efficiency.

What is a Smart Plug?

A smart plug is a device that fits into a standard Australian electrical socket and allows you to control the power usage of whatever is plugged into it remotely. These devices connect to the internet, typically through Wi-Fi, enabling users to manage their appliances via smartphone apps or through integration with home automation systems like Amazon Alexa, Google Assistant, or Apple HomeKit.

Energy Savings with Smart Plugs

Smart plugs offer several ways to save energy, which can be particularly beneficial for businesses looking to enhance their energy efficiency:

  • Remote Control: Business owners can turn off equipment remotely when not in use, avoiding unnecessary power consumption that often occurs outside of business hours.
  • Scheduling: Appliances can be programmed to operate only at specific times. For instance, you could set a coffee machine to power on just before employees arrive and turn off after the morning rush.
  • Energy Monitoring: Many smart plugs come with features that track power usage. This data can help identify which devices consume the most energy, allowing for targeted energy-saving measures.

Smart Plugs in Action

Retail Environments

Consider a retail store where lighting contributes significantly to the energy bill. By using smart plugs, the store manager can schedule lighting only during business hours or adjust it based on natural light availability, significantly reducing energy consumption. Additionally, integrating smart plugs with a system like Alexa allows for voice control, adding convenience and further enhancing energy management.

Offices

In office settings, printers, copiers, and desktop computers are often left on standby outside business hours, drawing power unnecessarily. Smart plugs can automate the complete shutdown of these devices after hours, cutting down the ‘phantom’ energy use and potentially saving substantial amounts on energy bills.

Hospitality

Venues often face challenges in managing the energy use of rooms that are not consistently occupied. Smart plugs can automatically manage devices like TVs, air conditioners, and heaters, ensuring they are only active when rooms are in use. This reduces energy consumption and enhances guest experience by allowing personalised control over room settings through a central system or voice commands via smart speakers.

Implementation Tips for Businesses

  • Start Small: Implement smart plugs in high-energy areas or with devices that consume a lot of power.
  • Use Data: Analyse the data collected from smart plugs to make informed decisions about where further efficiencies can be made.
  • Staff Training: Ensure you train staff on how to use smart plug apps and systems. Adoption by everyone in the company is key to maximising benefits.
  • Review and Scale: Start with a pilot area, review the effectiveness, and then scale up the implementation to other parts of the business as you see positive results.

The Future of Smart Plugs in Australian Businesses

As technology advances, integrating smart plugs with broader automation systems and IoT (Internet of Things) devices is likely to become more sophisticated. With the rise of smart offices and homes, the ability to manage energy on a granular level using AI and machine learning will likely become a standard practice. This will help businesses reduce their carbon footprint and significantly lower operational costs.

Smart plugs represent a simple yet powerful tool for Australian businesses aiming to reduce energy consumption and manage operational costs more efficiently. By integrating these devices with automation systems like Alexa and other IoT technologies, businesses can achieve considerable energy savings and operational improvements, paving the way towards a more sustainable and profitable future.

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How to keep your small business energy costs down https://nextbusinessenergy.com.au/blog/how-to-keep-your-small-business-energy-costs-down/ Wed, 17 Apr 2024 01:00:00 +0000 https://nextbusinessenergy.com.au/?p=10134 At Next Business Energy, we understand the importance of managing costs for small businesses. With rising electricity prices and growing environmental concerns, reducing energy consumption saves money and helps your business contribute to a more sustainable future. Employing even seemingly minor energy-saving practices adds up to significant savings for your business over time. Here, we’ll […]

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At Next Business Energy, we understand the importance of managing costs for small businesses. With rising electricity prices and growing environmental concerns, reducing energy consumption saves money and helps your business contribute to a more sustainable future. Employing even seemingly minor energy-saving practices adds up to significant savings for your business over time.

Here, we’ll share some practical tips to help you keep your small business energy costs down.

Conduct an Energy Audit

It’s essential to understand how your business consumes energy before implementing any energy-saving measures. Consider conducting an energy audit to identify areas of inefficiency and prioritise areas for improvement. This could involve examining utility bills, inspecting equipment for energy usage, and assessing the efficiency of lighting and heating systems. In this way, you should be able to identify and target the areas where you stand to save the most money on your power bills.

Invest in Energy-Efficient Equipment

When it’s time for your business to purchase new equipment, try to upgrade to energy-efficient appliances, which may result in significant long-term savings on your energy bills. Look for products with high energy-efficiency ratings. Whilst the initial investment may indeed be higher, the reduced energy consumption over time has the potential to more than offset the upfront costs and contribute to your small business’s sustainability efforts.

Implement Smart Lighting Solutions

Lighting accounts for a significant portion of energy usage and wastage in many businesses. Consider switching to LED lighting, which consumes up to 75% less energy than traditional incandescent bulbs and lasts much longer. You should also consider installing motion sensors or timers in your business premises to ensure that lights are only used when needed. This may seem marginal, but the cumulative effect of lights turning off when unnecessary can put added (and unnecessary) pressure on your bottom line.

Optimise Heating and Cooling Systems

Heating and cooling systems can be major contributors to energy costs, especially in Australia’s climate. Properly maintaining HVAC systems, sealing drafts, and installing programmable thermostats are simple measures that you can take to help optimise energy usage and reduce costs without sacrificing comfort. During more moderate temperatures, it can benefit your business’s energy consumption to keep windows and doors open to use natural airflow rather than relying on HVAC systems. Closing or opening blinds to adjust how much the sun heats your space is another tip that might help you reduce your energy consumption and costs.

Educate Employees on Energy Efficiency

Raise awareness and provide training on good practices to engage and involve your employees in energy-saving efforts. Encourage simple habits such as turning off lights and equipment when not in use (including appliances that consume standby power), using natural light whenever possible, and adjusting thermostat settings when appropriate to conserve energy.

Consider Renewable Energy Options

Renewable energy sources such as solar power can offer substantial long-term savings and environmental benefits for your business. Installing solar panels or participating in renewable energy programs can offset traditional energy usage and reduce reliance on fossil fuels. Although renewable energy can be an expensive initial investment, it can be well worth the long-term savings you stand to make. It is also a surefire way to show your customers how committed your business is to sustainability.

Taking Control of Your Energy Costs

Managing energy costs is essential for your business’s financial health and sustainability. Adopting some of the proactive steps explored in this article may help you keep your energy use down and contribute to significant savings for your business. At Next Business Energy, we are committed to supporting our customers in their efforts to reduce energy consumption and save money. Contact us today by filling out our enquiry form to find out more.

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How Much is Phantom Power Costing You? https://nextbusinessenergy.com.au/blog/how-much-is-phantom-power-costing-you/ Wed, 10 Apr 2024 01:00:00 +0000 https://nextbusinessenergy.com.au/?p=10131 If you have noticed your energy bills are high, you could be forgiven for thinking you have an employee you don’t know about. And you may be right… sort of. Phantom power, or standby power, refers to the energy consumed by your devices when they are switched into standby mode at night and over the […]

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If you have noticed your energy bills are high, you could be forgiven for thinking you have an employee you don’t know about. And you may be right… sort of.

Phantom power, or standby power, refers to the energy consumed by your devices when they are switched into standby mode at night and over the weekend.  

At Next Business Energy, we understand the importance of managing energy costs for small businesses. Every dollar saved on electricity bills contributes to the bottom line and your sustainability efforts. Even small amounts of standby power consumption can add up quickly on electricity bills, and leaving appliances on standby mode is one often overlooked culprit of wasted energy. Let’s explore how much standby power consumption can impact your power bill and what you might do to minimise this.

Understanding Standby Power Consumption

Standby power refers to the energy consumed by electronic devices when they are plugged in but not being used. Whilst it may seem insignificant in the grand scheme of things, the consumption and cost of standby power can add up over time, particularly across multiple devices. 

Computers, printers, monitors, copiers, chargers, and kitchen appliances like microwaves and coffee makers are all common consumers of standby power. These devices continue to drain power to maintain settings, clocks, or to be ready for immediate use, contributing to unnecessary energy waste. Your smartphone charger draws energy even when your device is not connected. 

In particular, Australia’s hot climate demands heavy reliance on air conditioning systems, a notorious consumer of standby power, especially for businesses in sectors such as hospitality, retail, and office environments where air conditioning is considered essential. 

The Cost of Standby Power

The exact cost of your standby power consumption depends on the number and types of devices your business uses and your electricity rates. Studies have shown that standby power can account for up to 10% of a business’s electricity bill. For any business, this can be a significant amount and seriously impact profitability.

Tips to Reduce Standby Power Consumption

Reducing your standby power consumption may result in significant savings for your bottom line. Here are simple steps you might take to minimise standby power consumption and lower your electricity bills:

  • Unplug Devices: Unplug electronic devices from the power outlet when they are not in use for an extended period to completely cut off standby power consumption. This is especially effective for devices that are used infrequently or only during weekends and holidays.
  • Use Power Strips: Plug multiple devices into power strips with on/off switches. When you’re done using the devices, simply switch off the power strip to cut off electricity flow to all connected devices simultaneously. This way, you may prevent multiple sources of energy wastage with just one click.
  • Invest in Timers: Use timers to turn on and off Power strips when you are not in the office or shop.
  • Invest in Energy-Efficient Devices: When it’s time for your business to purchase new appliances and electronics, look for energy-efficient models that are designed to consume less energy, even in standby mode.
  • Enable Power Management Features: Configure computers, monitors, and other electronic devices to enter low-power or sleep modes when not in use. You should also adjust settings to ensure that screens turn off after a specified period of inactivity.
  • Educate Employees: Raise awareness among your staff about the potential impact of standby power consumption and the importance of reducing it as far as possible. Things like encouraging them to turn off devices at the end of the day and making use of energy-saving features whenever possible may add up to produce significant energy and cost savings for your business.

Take Control of Your Phantom Employees

By using various proactive measures to minimise your standby power consumption, your small business can reduce electricity bills and contribute to energy conservation efforts. At Next Business Energy, we’re committed to helping our customers achieve greater energy efficiency and cost savings. Contact us today by filling out our enquiry form to learn more about our energy-saving solutions.

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Seasonal Tips to Help You Save Money on Your Energy Bills https://nextbusinessenergy.com.au/blog/seasonal-tips-to-help-you-save-money-on-your-energy-bills/ Wed, 03 Apr 2024 03:16:46 +0000 https://nextbusinessenergy.com.au/?p=10128 As the seasons change, so do our energy needs. Whether it’s keeping warm in the winter or staying cool in the summer, finding ways to save on energy costs is always a top priority for businesses. Your energy bills might be an area where you could be overspending without even realising.  Here are some seasonal […]

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As the seasons change, so do our energy needs. Whether it’s keeping warm in the winter or staying cool in the summer, finding ways to save on energy costs is always a top priority for businesses. Your energy bills might be an area where you could be overspending without even realising. 

Here are some seasonal tips to help you save money on your energy bills throughout the year.

Winter Energy Saving Tips

During the winter months, heating costs can skyrocket if you don’t manage them efficiently. Consider these tips to keep your energy bills in check:

  • Seal any drafts: Inspect doors and windows for drafts and seal them with weatherstripping or caulk to help prevent heat loss.
  • Use programmable thermostats: Set your thermostat to lower temperatures when you’re asleep or away from home to save on energy use and heating costs.
  • Make the most of natural sunlight: Keep curtains and blinds open during the day to let sunlight in and naturally heat your premises.

Summer Energy Saving Tips

In the summer, cooling practices can account for a significant portion of your energy expenses. Here are some ideas on how you may be able to minimise those costs:

  • Use fans strategically: Ceiling fans and portable fans can help circulate air and make your space feel cooler without relying on air conditioning alone.
  • Close blinds or curtains: Keep blinds or curtains closed during the hottest parts of the day to prevent sunlight from heating up your space.
  • Invest in radiant heat sources: Avoid heating large spaces with heat fans or other inefficient sources. Invest in radiant heat sources, such as heat panels, for more efficient heating.
  • Service your equipment: Conducting maintenance and services on your heating and cooling equipment ensures it is working properly and efficiently, potentially contributing to lower operating costs. 

Year-Round Maintenance Tips

Adopting year-round maintenance practices can help improve the overall efficiency of your energy usage and may reduce your costs:

  • Regularly change air filters: Dirty air filters can restrict airflow, causing your HVAC system to work harder and increase its energy consumption. Try to replace filters according to manufacturer recommendations.
  • Upgrade to LED lighting: Replace traditional light bulbs with energy-efficient LED bulbs, which consume less energy and last longer.
  • Take advantage of mild conditions: During the milder temperatures in spring and autumn, reduce your reliance on mechanical heating and cooling by opening windows and doors to allow fresh air to circulate throughout your premises and reduce the need for heating or cooling equipment.
  • Upgrade to Energy-Efficient Appliances: When it’s time to replace old appliances, opt for energy-efficient models, which may result in significant long-term savings on your utility bills.
  • Unplug Unused Electronics: Many electronics continue to draw power even when they’re turned off, known as standby or phantom power. Unplug devices or use power strips to disconnect multiple electronics when they’re not in use.
  • Insulate Your Premises: Proper insulation can help regulate indoor temperatures year-round, reducing the need for excessive heating or cooling. 
  • Monitor Your Energy Usage: Keep track of your energy consumption with a smart energy monitor or by reviewing your utility bills regularly. Understanding your usage patterns can help you identify areas where you can make further energy-saving improvements.

Adopting Seasonal Tips to Save on Your Energy Bills

Adopting some of these energy-saving and maintenance practices throughout the year may significantly reduce your business energy bills. Next Business Energy is committed to helping you improve your energy efficiency and minimise costs. Send us an online enquiry, and our Integrated Energy Team Advisors will contact you.  

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A Guide Conducting a DIY Business Energy Audit https://nextbusinessenergy.com.au/blog/a-guide-to-conducting-a-diy-business-energy-audit/ Wed, 27 Mar 2024 00:00:00 +0000 https://nextbusinessenergy.com.au/?p=10095 As a small business owner, managing costs is a top priority, and reviewing your energy consumption habits may help you find significant savings in your energy costs. Conducting a DIY energy audit is a proactive measure to identify areas where you can reduce energy consumption and lower your bills. It’s essential to recognise the limitations […]

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As a small business owner, managing costs is a top priority, and reviewing your energy consumption habits may help you find significant savings in your energy costs. Conducting a DIY energy audit is a proactive measure to identify areas where you can reduce energy consumption and lower your bills. It’s essential to recognise the limitations of a DIY audit and understand the value of consulting with energy professionals for a comprehensive assessment. 

Here are a few things to keep an eye out for when considering your energy habits.

Assess Your Current Energy Usage

The first step in conducting a DIY business audit is understanding your current energy usage. You should review your utility bills from the past year to identify patterns and trends in your energy consumption. Look for any spikes or fluctuations that may indicate inefficiencies or areas for improvement.

Identify Energy Saving Opportunities

Once you have a clear picture of your energy usage, it’s time to identify opportunities for savings. Inspect your business premises for energy-wasting habits or inefficient equipment. Here are some general energy-saving tips to get you started on your audit.

  • Lighting: Replace incandescent bulbs with energy-efficient LEDs and install motion sensors or timers to control lighting usage in unused areas.
  • Heating and Cooling: Ensure proper insulation and seal any drafts to minimise heating and cooling losses. Set thermostats to optimal temperatures during business hours and adjust them when the premises are unoccupied.
  • Appliances and Equipment: Turn off or unplug electronic devices when not in use, and consider upgrading to energy-efficient appliances and equipment.
  • Water Usage: Install low-flow taps and toilets to reduce water consumption and fix any leaks promptly.
  • Employee Awareness: Educate employees about energy-saving practices and encourage them to adopt energy-conscious behaviours in the workplace.

Conducting a Walk-Through Energy Audit

Walk through your business premises and visually inspect potential energy-saving opportunities. Look for signs of energy waste, such as:

  1. Lights left on in unoccupied rooms
  2. Equipment running unnecessarily
  3. Leaking taps or pipes
  4. Poor insulation or drafts around windows and doors

List any issues you identify and prioritise them based on their potential impact on energy savings and the cost-effectiveness of addressing them.

Consulting with Energy Professionals

Whilst a DIY energy audit can help you identify low- and no-cost energy-saving opportunities, it’s essential to recognise its limitations. For a comprehensive assessment of your energy usage and potential savings opportunities, consider consulting with Next Business Energy and see what we can do for you. To get in touch, fill out our enquiry form or call us on 1300 46 6398.

Taking Control of Your Energy Costs With an Energy Audit

Conducting a DIY business audit can be a valuable step towards reducing energy costs and improving your bottom line. By understanding your energy usage, identifying opportunities for savings, and consulting with Next Business Energy for a comprehensive assessment, you can take control of your energy costs and ensure the long-term sustainability of your business.

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Is Your Power Bill Higher Than Usual? Here are some possible reasons why https://nextbusinessenergy.com.au/blog/is-your-power-bill-higher-than-usual-here-are-some-possible-reasons-why/ Wed, 20 Mar 2024 00:00:00 +0000 https://nextbusinessenergy.com.au/?p=10092 As a small business owner, managing expenses is crucial for maintaining profitability and sustainability. One significant expense that may fluctuate unexpectedly is the energy bill. If you’ve noticed a spike in your power bill recently, you’re not alone. Several factors could contribute to this increase, and understanding them can help you better manage your energy […]

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As a small business owner, managing expenses is crucial for maintaining profitability and sustainability. One significant expense that may fluctuate unexpectedly is the energy bill. If you’ve noticed a spike in your power bill recently, you’re not alone. Several factors could contribute to this increase, and understanding them can help you better manage your energy usage and expenses.

Phantom Power: The Silent Energy Thief

One of the lesser-known contributors to high energy bills is phantom power, also known as standby power or vampire power. Phantom power refers to the energy electronic devices consume even when turned off or in standby mode. Common culprits include computers, printers, televisions, and chargers left plugged in when not in use.

While each device may consume only a small amount of power, collectively they may significantly increase your energy bill. To help combat phantom power, unplug devices when not in use or use power strips with built-in switches to cut off power to multiple devices at once. Implementing energy-saving technologies and conducting regular maintenance checks may mitigate unnecessary energy consumption and lower your electricity costs.

Environmental Impacts

Events such as natural disasters, geopolitical tensions, or changes in energy regulations may impact energy supply and demand, leading to sudden price changes that may affect your power bill.

Seasonal Variations

Seasonal variations are among the most common reasons for a sudden increase in your power bill. As the weather changes, especially during extreme temperatures, your heating, ventilation, and air conditioning (HVAC) systems work harder to maintain a comfortable indoor environment. This increased energy consumption can significantly impact electricity costs, particularly during the peak summer and winter months.

Faulty or Old Equipment

If your equipment is old or has faults that have not been fixed or not been serviced recently, they may lead to inefficiency and higher power consumption. If you think your equipment may be faulty, ensure you have an expert service it or consider replacing it. 

Growth and Expansion

As your business grows and expands, so does your energy consumption. Adding new equipment, hiring more staff, and increasing operational hours contribute to higher electricity usage. While growth is a positive indicator of success, it’s important to monitor and manage your energy consumption to prevent sudden spikes in your power bills from derailing your financial objectives.

Tips for Managing Energy Costs

While some factors contributing to higher energy bills may be beyond your control, there are steps you can take to manage your energy costs more effectively:

Conduct an Energy Audit: Start by assessing your current energy usage patterns to identify areas where you can reduce consumption or improve efficiency.

Invest in Energy-Efficient Equipment: Upgrade to energy-efficient appliances, lighting, and HVAC systems to reduce energy consumption and lower your bills in the long run.

Implement Energy-Saving Practices: Encourage employees to turn off lights, computers, and other equipment when not in use, and consider implementing energy-saving measures such as installing programmable thermostats and using natural lighting whenever possible.

Consider Renewable Energy Options: Explore the possibility of switching to renewable energy sources such as solar or wind power, which can reduce your carbon footprint and provide long-term cost savings.

Stay Informed: Keep abreast of developments in the energy market and regulatory changes that may impact your energy costs, and adjust your energy management strategies accordingly.

Taking Control of Your Energy Costs

Take control of your energy costs and ensure the long-term sustainability of your business with Next Business Energy. If you’ve noticed a sudden increase in your power bill, factors like phantom power and energy market fluctuations could be at play. By understanding these factors and taking proactive steps to manage your energy usage and expenses, you may regain control and save significantly over time. Contact Next Business Energy today by filling out our enquiry form or calling 1300 46 6398 to discover how your business can save on your power bill.

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Our Approach to Commercial Solar https://nextbusinessenergy.com.au/blog/our-approach-to-commercial-solar/ Thu, 07 Mar 2024 03:18:32 +0000 https://nextbusinessenergy.com.au/?p=10079 Next Business Energy, in alliance with The Green Guys Group, offers innovative commercial solar solutions in Australia. This collaboration signals a new era in energy solutions, where businesses can significantly reduce their energy costs while contributing positively to the environment with lower carbon emissions. Understanding Commercial Solar Commercial solar involves businesses using solar energy systems […]

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Next Business Energy, in alliance with The Green Guys Group, offers innovative commercial solar solutions in Australia. This collaboration signals a new era in energy solutions, where businesses can significantly reduce their energy costs while contributing positively to the environment with lower carbon emissions.

Understanding Commercial Solar

Commercial solar involves businesses using solar energy systems to generate their own electricity. Next Business Energy offers solutions, including rooftop solar installations and Power Purchase Agreements (more on this later), allowing businesses to reduce energy costs and carbon emissions without upfront investment. This initiative aligns with Next Business Energy’s commitment to sustainable, cost-effective energy solutions for Australian businesses.

The Commercial Solar Advantage

Transforming Business Operations with Clean Energy

The shift to solar energy is more than an environmental choice; it’s a strategic business decision. By adopting solar power, companies can considerably reduce their greenhouse gas emissions. This green transformation benefits the planet and potentially enhances the company’s brand image, appealing to an increasingly environmentally aware consumer market.

Solar Energy: A Smart Financial Move

Solar power presents an opportunity for businesses to significantly cut down on one of their largest operating expenses: energy costs. With solar panels, companies can generate their own electricity during peak business hours, leading to substantial savings on energy bills. By installing solar, you can reduce the impact of energy market volatility by reducing the size of your electricity bill. 

Solar Power Purchase Agreements (PPAs)

Next Business Energy’s Solar Power Purchase Agreement (PPA) is a financial solution that enables businesses to harness solar energy without any upfront investment. The PPA model covers the installation and maintenance of solar panels, providing companies with a fixed, reduced rate for electricity. This arrangement not only lowers energy costs but also provides an option to purchase the solar system at a later stage, offering flexibility and control over energy resources.

Government Incentives: Boosting Solar Investments

The Australian Government’s support in the form of incentives and rebates plays a crucial role in encouraging businesses to transition to solar energy. For instance, the Victorian Government’s Solar for Business Program offers significant rebates, making solar installations a more viable and attractive option for small and medium-sized enterprises.

Beyond Cost Savings: The Ethical and Social Impact of Solar Energy

Investing in solar energy goes beyond financial benefits. It reflects a commitment to corporate responsibility and environmental stewardship. This commitment has broader implications, influencing customer loyalty and employee satisfaction. This may attract staff and clients who prioritise environmental values.

Case Studies: Renewable Success Stories 

To illustrate the impact of commercial solar solutions, Next Business Energy, through our partner, The Green Guys Group, showcases various success stories. These case studies demonstrate how businesses across different sectors have benefitted from reduced energy costs, enhanced brand reputation, and contributed to a sustainable future. Discover why many people have chosen Next Business Energy

The Future of Energy: Embracing Renewable Resources

The transition to renewable energy sources like solar is not just a trend but a necessity for a sustainable future. Next Business Energy is able to help you navigate this complex transition, providing expert guidance and tailored solutions to businesses ready to make the switch to solar energy.

Your Pathway to a Greener Business

Next Business Energy and The Green Guys Group are driving the change towards a greener, more sustainable business environment. Our comprehensive commercial solar solutions offer a unique opportunity for businesses to become energy-efficient, cost-effective, and environmentally responsible. For companies looking to make a positive impact on the planet and their bottom line, exploring solar energy options with Next Business Energy is an excellent starting point.
Discover how your business can benefit from commercial solar solutions by visiting Next Business Energy’s website​. Click here to request a free, no-obligation Business Energy Assessment.

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AEMC’s Smart Meter Rollout: How Does It Affect Your Business? https://nextbusinessenergy.com.au/blog/aemcs-smart-meter-rollout-how-does-it-affect-your-business/ Wed, 28 Feb 2024 00:16:25 +0000 https://nextbusinessenergy.com.au/?p=10073 The Australian Energy Market Commission (AEMC) has initiated a significant step forward in modernising Australia’s energy infrastructure. As a customer of Next Business Energy, it’s helpful to understand how these changes may impact your business and the benefits they bring. What is Happening? Accelerated Smart Meter Installation: AEMC plans to have smart meters installed in […]

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The Australian Energy Market Commission (AEMC) has initiated a significant step forward in modernising Australia’s energy infrastructure. As a customer of Next Business Energy, it’s helpful to understand how these changes may impact your business and the benefits they bring.

What is Happening?

Accelerated Smart Meter Installation: AEMC plans to have smart meters installed in all homes and small businesses in the National Electricity Market by 2030. This is a significant acceleration from the initial timeline for the progressive change over to smart meters, marking a pivotal move towards more efficient energy management.

Framework for Retailers: Retailers, like Next Business Energy, will be required to undertake smart meter installation programs. These programs will be driven by  Distribution Network Service Providers (DNSPs) planning a coordinated meter replacement program, ensuring a seamless and efficient rollout.

Streamlining the Process: The proposed changes aim to simplify the installation of smart meters for Retailers, Meter Providers, DNSPs and Customers.  This new initiative is expected to unlock the benefits of smart meter data, improve service quality, and enhance customer experience, all of which will help with the transition to a cleaner and greener Electricity System

How Does This Affect Your Business?

Enhanced Energy Management: Smart meters provide detailed insights into your energy usage, enabling better control over your energy costs and consumption patterns.

Increased Accuracy and Transparency: With smart meters, the need for estimated billing is reduced. You get accurate and timely information about your energy usage, leading to more precise billing.

Next Steps and Rule Changes

The AEMC is currently working on drafting the rules for the implementation of these reforms. This process is crucial in ensuring that the transition to smart meters is smooth and beneficial for all parties involved.

Benefits for Your Business

Cost Savings: With real-time data on energy consumption, businesses can make informed decisions to save on energy costs.

Reduced Environmental Impact: Smart meters contribute to reducing greenhouse gas emissions by eliminating the need for manual meter readings and reducing vehicle use.  Smart meters also facilitate the use of time-of-use tariffs, incentivising network efficiency. 

Infrastructure Efficiency: The widespread use of smart meters will reduce pressure on existing network infrastructure, potentially leading to lower energy rates in the long term.

Preparing Your Business for a Smarter Energy Future

As a customer of Next Business Energy, staying informed about these developments is key to leveraging the benefits they offer. The transition to smart meters represents a significant advancement in energy management, promising cost savings, increased efficiency, and a more sustainable future.

Stay tuned for more updates from Next Business Energy as the AEMC progresses with the rule change process, and prepare your business to embrace the advantages of smart meter technology.

For more detailed information, please refer to the AEMC’s final report and related documents.

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10 Signs Your Air Conditioner Needs to be Replaced https://nextbusinessenergy.com.au/blog/10-signs-your-air-conditioner-needs-to-be-replaced/ Thu, 22 Feb 2024 23:16:30 +0000 https://nextbusinessenergy.com.au/?p=10066 In the sweltering heat of an Australian summer, a fully functioning air conditioner can be more of a necessity than a luxury for businesses. Keeping your workspace cool and comfortable can significantly impact employee productivity and customer satisfaction. However, like all equipment, air conditioners have a finite lifespan. Recognising the signs that your air conditioner […]

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In the sweltering heat of an Australian summer, a fully functioning air conditioner can be more of a necessity than a luxury for businesses. Keeping your workspace cool and comfortable can significantly impact employee productivity and customer satisfaction. However, like all equipment, air conditioners have a finite lifespan. Recognising the signs that your air conditioner needs to be replaced is crucial for maintaining an efficient and cost-effective operation. 

Here are ten tell-tale signs that it might be time to consider a new air conditioning unit for your business.

1. Increased Energy Bills

One of the most noticeable signs that your air conditioner may need replacing is a significant increase in energy bills without a corresponding rise in usage. Older units tend to be less efficient and consume more power to provide the same level of cooling as they once did. Upgrading to a new, energy-efficient model can help reduce your energy consumption and save on costs in the long term.

2. Frequent Repairs

If you find yourself constantly calling for repairs, it indicates that your air conditioner is on its last legs. The cost of frequent repairs can quickly add up, making it more economical to invest in a new unit rather than continuing to spend money on an old, inefficient system.

3. Inadequate Cooling

An air conditioner that struggles to maintain a comfortable temperature, or leaves hot and cold spots throughout the premises, is a sign that it’s no longer up to the task. This inefficiency can make your business environment uncomfortable for both employees and customers.

4. Excessive Noise

Older air conditioning units often make more noise than newer models due to worn-out components or a need for more significant repairs. Excessive noise can disrupt the work environment and is a sign that your unit may need replacing.

5. Humidity Problems

Properly functioning air conditioners cool the air and remove excess humidity. If you start noticing that your premises feel more humid than usual, it could be a sign that your air conditioner is not working efficiently.

6. Poor Air Quality

An old or failing air conditioner can lead to a decline in indoor air quality, with increased dust and allergen levels. Upgrading to a new system with better filtration can significantly improve the air quality in your business premises.

7. Age of the Unit

The average lifespan of an air conditioning unit is around 10-15 years. If your system is approaching or has surpassed this age, its efficiency and performance are likely compromised. Investing in a new unit can offer better technology, efficiency, and reliability.

8. Refrigerant Type

Older air conditioners may use a refrigerant that is no longer environmentally friendly or is being phased out. Newer models use more environmentally safe refrigerants in line with current Australian regulations, making them a better choice for businesses looking to reduce their carbon footprint.

9. Regular Maintenance Is Not Helping

Cleaning your air conditioning unit filters is part of the regular maintenance required to service the unit. If you have cleaned the filters but have not seen any improvement in performance, it may indicate that it is time to replace your unit.

10. Technology and Features

Some modern air conditioners have advanced features such as programmable thermostats, Wi-Fi connectivity, and energy-saving modes. If your current unit lacks these features, upgrading can provide improved cooling and enhanced control over your business’s energy usage.

Need help Understanding Your Air Conditioning Options?  

Recognising the signs that your air conditioner needs replacing is crucial for maintaining a comfortable, efficient, and cost-effective business environment. Upgrading to a new unit offers numerous benefits, including reduced energy consumption, improved air quality, and access to the latest technology. For businesses in Australia, considering an energy-efficient air conditioner is not only a wise investment for your operations but also a step towards a more sustainable and environmentally friendly practice. When choosing a new air conditioner, consider consulting Next Business Energy to help you find a solution that best meets your business’s needs and sustainability goals.

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