7 smart ways to constantly reduce electricity bills

The cost of living in Singapore continues to rise and businesses are not unsusceptible to these upsurges. Most small and medium-sized enterprises struggle to manage energy cost which forms a significant part of their monthly bills. There are numerous ways SMEs in Singapore can take to maximise their energy efficiency, lower business electricity costs, and reduce their environmental footprint.

1.Compare Electricity Prices in Singapore

The electricity tariff in Singapore is on a steady increase due to the rising cost of natural gas for electricity generation. The current deregulation of the electricity market means that SMEs can compare prices between the incumbent SP Services and other Singapore electricity retailers.

Go with a more competitive price plan. Reap savings from the lower market prices offered by your selected Singapore electricity retailer as compared to the regulated tariff. If you’re utilizing at least 2,000 kWh in a month, which amounts to approximately S$400, you can choose to purchase directly from electricity retailers in Singapore and save up to 28% off your SP service bills. 

2. Turn Machines Off When Not In Use

Lighting and HVAC systems are the biggest culprits in terms of energy wastage. If no one is in a room, switch off the air-conditioners and the lights. Common misconception can account for the failure to turn off equipment, thinking that the machines will last longer. You can save an incredible amount of energy by simply turning off laptops, photocopiers, HVACs, lights, kettles and coffee machines when they are not in use. You should attempt to make this a part of your company culture so that it will become secondary nature to your employees.

3. Set Computers to Converse Energy

Some misguided thinking points to putting computers on screen savers in failed attempts to save energy. To better save energy, manually switch off monitors when you walk away from your desks. If you think you would forget or before the former becomes a habit, set the computer to switch to sleep mode when you’re away. With laptops, the power adapters continue to draw electricity even when the laptops are not plugged into the adapters. Put these power adapters on a power strip that turns off automatically or can be easily switched off. It’ll be more visible if the power strip has a light indicator.

4. Invest in New Energy Efficient Equipment

When you are investing in new equipment, ensure that you’re purchasing systems with good energy saving ratings. This is applicable to every electronic device in the office and you may even receive some tax relief for purchasing energy efficient equipment. For one, laptops consume less energy than desktops and result in significant savings in the long run.

5. Tune Your Air Conditioning

Use split air-conditioners as they can be managed more efficiently than centralized systems. Obtain an annual air-con maintenance contract to keep your air-conditioners in peak working conditions. This ensures that you do not have to turn down the temperature settings unnecessarily and risk increasing energy costs. As part of maintenance, it would be wise to change the HVAC filters every month especially during May to July when the temperatures in Singapore is at her highest. Clogged filters not only stress the system, resulting in higher energy cost, but also lower indoor air quality.

6. Unplug from Electrical Outlets

Some office electronics and commercial equipment continue to draw what is called phantom energy or vampire power from electrical outlets even when they are switched off. Computers, printers, sound systems, and printers can use 15% or more of phantom energy from their total electricity usage.The best way to avoid these energy zaps is by unplugging unused electronics and equipment from the sockets.

7. Lead by Example

If those at the very top pay lip service to saving energy, frontline employees will never follow. Leaders and Managers must practise energy efficiency and carry out energy-saving activities. If those at the top lead, those at the middle and bottom are more likely to follow. Encourage employees to cut their energy usage and maybe even have an incentive for the department that saves the most energy.

Want to start saving up to 28% off your electricity bill?

Guaranteed lower energy prices in Singapore. 
Switch now for free with www.BillCheap.com