Energy costs are estimated to account for anywhere from 20 to 30 percent of an office’s total expenditure, making this one of the biggest overhead costs that businesses have to account for year in and year out. And with energy prices increasing and expected to continue to climb in the near future, now is arguably …
One of the most significant overhead costs for any business property is its utilities. Just as homeowners have various utility bills they have to pay on a monthly basis for key services, businesses too are on the hook for water, sewage, gas, and electric bills as well. It’s estimated that businesses spend about $2.14 on …
Continue reading “Why You Should Conduct a Utility Bill Audit on Your Business”
With energy costs predicted to climb in the coming months and years, and with more businesses dedicated to implementing solutions to minimize their carbon footprints, commercial energy audits are becoming increasingly popular. What’s more is that these audits have low-risk, high-reward potential in that they can significantly reduce a facility’s energy draw and help it …
On average, energy usage represents about one-third of a firm’s total operating budget. And with energy costs on the rise and expected to tick up even higher in the coming months and years, it makes sense to take measures to reduce this expenditure. One of the most effective ways firms can do so is by …
As energy prices continue to go up, bottom lines are going down. Utility costs are quickly becoming one of the more significant overhead expenses for companies throughout the United States – and they’re projected to continue to increase as the costs of natural gas continue to rise. With that being said, firms have a few …
What do world events, climate change events, and the ongoing pandemic all have in common? If you ask the experts, they’re all driving up the cost of utilities. According to reports, natural gas is up nearly 25 percent from a year ago and electricity is up about 10 percent. While the significance of increases is …
Lowering fixed costs, such as a building’s energy usage, is good for the environment and good for your bottom line. That’s why many commercial properties are conducting commercial energy audits to identify ways to optimize energy usage and reduce utility costs. In this post, we’ll discuss how to conduct a commercial energy audit and save …
Businesses spend about $2.14 per square foot per month on utility costs. The average family spends about $120 per month on just electricity each month – and that’s not even including water and gas. And utility prices overall are on the rise. The National Energy Assistance Directors Association estimates that energy prices have increased …
An overhead expense is defined as a cost to run a business. One of the biggest overhead expenses on any property is none other than the utilities. But what if we told you that there’s the potential for up to tens of thousands of dollars in savings on this overhead expense each year? That’s where …
According to the U.S. Environmental Protection Agency (EPA), it’s estimated that up to 30 percent of the energy consumed by commercial properties is wasted. From heating and/or cooling spaces where nobody is present to lights unnecessarily left on to the various draws of electronic equipment and high utility rates, this wasted energy is energy …
