5 Ways Technology Can Help Your Business Reduce Energy Costs

 

Energy is one of the most important overhead costs for any business, and there are tons of things that you can do to reduce your costs. While you can always change your habits, technology could also be a great bet if you want to make consistent savings. There are tons of tools at your disposal that could allow you to significantly reduce your costs while being more energy-efficient. Here are some cool ways technology can help your business save on energy.


Alternative Solar Power Solutions

When people think about solar energy, they usually think about solar panels, but there are tons of new tools that allow you to harness the power of the sun in different ways. For instance, did you know that you could use solar energy to provide your business with hot water?

Yes, there are new water heater models that combine solar energy and insulation to provide you with hot water all day long even when the sun isn’t shining. For businesses, these systems will usually need to have a backup source as businesses tend to have larger needs, but they’re still a great way to save money.

Online Comparison Sites

There was a time when switching energy providers was much more difficult and riskier. But these days, things are easier than ever with the use of online energy broker sites. These services allow you to compare the best business energy prices across multiple suppliers at the touch of a button. These services will often be able to get you a quote in minutes, and will usually be able to get you better prices thanks to their special relationship with providers.

Heat Recovery

Heat recovery technology is also becoming extremely popular with businesses. Some use heat recovery ventilation to put less strain on their heating system. Others use systems to recuperate the heat generated from their appliances to heat water. Heat from vapor streams, flue gases, and radiant heat can all be reused in different ways to reduce overall costs and consumption.

Magnetic Refrigerators

Magnetic refrigerators are one of the latest innovations in the world of refrigerators and use magnets to create cold air. For many years, cooling systems used cooling agents and a process called vapor compression in order to refrigerate, but these systems are very harmful to the environment and energy-hungry. Magnetic refrigerators are able to control the temperature by changing the magnetic field around materials and primarily use water, which is a lot better from an environmental standpoint.

Reflective Roofing

A lot of energy is absorbed through the roof, but still, many businesses pay little attention to it. There are now roof materials with fluorescent pigments that reflect the sun energy. These allow you to save on conditioning costs if your processes create a lot of heat.

These are just some of the ways in which technology can be used to save on energy costs in your business. Make sure that you’re aware of the newest trends in this space if you want to be able to reduce your overhead costs in the future.

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