Energy bill shock is a real issue for new businesses

Bill shock is a real issue for many new business operators

Operating costs for electricity and gas are often difficult to estimate, and with energy costs at record highs it can be a shock to discover exactly how much it costs to power a business.

We have worked with many new businesses owners with high costs:

  • A new fish aquaculture facility was operating at an energy consumption level well beyond the original system design, significantly increasing costs.
  • A local restaurant was taken over by new owners who discovered costs were much higher than they anticipated.
  • A consultancy firm upgraded to a new larger office only to find electricity costs had significantly increased.

Regardless of the type or size of the business the steps to reduce costs are the same:

Conduct a billing analysis:

  • Is you site on the best retail rates?
  • Is your site on the right network tariff.
  • Is your site on the most cost-effective metering arrangement.
  • Is there a passed on legacy of high costs and extra charges from previous owners?

Conduct an energy audit:

  • If you have invested in a new business the plan is to be there for the long run.
  • Dont just think about the cost of this month’s bill or costs for the next year. Think about energy costs for the next 5 years.
  • Over the next 5 years your business may be spending anywhere from $100k  up to $1M just on electricity.
  • Long-term there is a clear cost advantage for any new business owner to conduct an energy audit.
  • The energy audit will identify the best options to manage and reduce energy usage and costs.
  • Investing now in an energy audit is the best way for new business to reduce ongoing operating costs.

Contact us to discuss how we can help your business reduce energy costs.