They say people think about energy as they do taxes – uninteresting, complicated and something you can’t do much about. 

Among the many challenges that are facing Australian businesses today (global competition, skills shortages, technological disruption), the rising costs of energy are now at the forefront. Energy prices are at an all time high and are viewed as the no. 1 area of concern for businesses for the next ten years

There is a lot of ‘noise’ in the energy industry: energy bills are complicated and difficult to understand, there are a myriad of supposed ‘solutions’ / providers and significant skepticism as to whether solutions such as solar PV systems actually work.

The good news? There has never been a better time to take control of your energy costs. The declining costs and improvements in technology have made these solutions more accessible and affordable than ever before. There are three main ways to reduce your energy costs:

  1. Get a better deal;
  2. Reduce your energy consumption; and 
  3. Generate your own cheaper energy (e.g. solar and batteries). 

Energy brokers / price

Energy bills are designed in a way that make it very hard for you to compare your options, especially if you are classified as a ‘large’ energy user under a commercial & industrial type contract. Businesses often do not have the expertise, time or resources to invest the appropriate time to compare deals. Services such as those provided by energy brokers however can do the ‘heavy lifting’ for you, at no cost to your business, by canvassing the market and sourcing you a better deal. These include services such as the NSW Business Chamber backed Australian Business Energy (https://australianbusinessenergy.com.au)/.

Energy efficiency

When it comes to the low hanging fruit of energy cost reduction, reducing your usage (energy efficiency) will likely have the biggest impact and provide the best returns. Simple things like behaviour (switching things off when not being used), upgrading to more efficient equipment (lights, machinery etc) and using automation (sensors, timers) can yield significant energy savings and cost reduction. The right solutions(s) for your business typically depends on what industry your business operates in. Businesses with employees between 6 and 20 can access the Business Energy Advice program (https://businessenergyadvice.com.au/), a free program providing tailored energy advice. Alternatively larger businesses can look to engage an energy consultant who can work with a business to review their options. 

Solar

Lastly, the flavour of the month, solar PV systems. Do they work, will they save me money? Yes, but they need to be designed and installed correctly. Businesses typically operate when the sun is shining, making them a good natural fit for solar. The tremendous growth in the solar industry however has led to many installers working on projects in which they have limited experience, particularly with respect to commercial solar systems. This can result in a system, which may have cost tens or hundreds of thousands of dollars, not performing to expectations, or in some cases, not working at all. It is therefore important to work with a reputable installer. Important things to consider include: ensure they are a certified installer with the Clean Energy Council, have experience working on commercial projects and have good customer feedback ( google their business name). Alternatively, you can save time and engage an expert to help you with the process. 

Contact us if you are looking for a solar system installation in Sydney or Melbourne.