Tips For Reducing Energy Usage

There has been a lot of coverage on the rising cost of energy and the impact these have on households but less has been said about the implications these increasing costs have on businesses. Nearly two-thirds of companies spend up to 20% of their total expenditure on energy so price rises can have a dramatic effect on overall business costs.

We are always on the lookout for ways that we can help support our members with their sustainability and ESG efforts, working with fellow BIDs and the team at Bioregional – who work with us to support our Sustainability work and our alignment with their One Planet Living® framework. One of the ten principles of the framework is Zero Carbon Energy, encouraging businesses to become more energy efficient. And while reducing usage is a positive step towards helping the environment, it’s beneficial to combat rising costs too.

The following organisations have produced advice for businesses on how to reduce energy usage and help limit the cost:

The Energy Saving Trust has published this guide to improving energy efficiency in the workplace, for office based businesses.

For hospitality businesses, the Zero Carbon Forum is running a Save While You Sleep campaign, which includes free resources for businesses to download.

British Retail Consortium has produced this guide to help businesses with energy efficiency and carbon reduction.

We will continue to work closely with our partners and fellow London BIDs to look at ways to help support businesses with rising costs as part of our advocacy activities and will share progress via our fortnightly newsletter – if you haven’t already, you can sign up here.