Some of these fixed costs cannot be reduced but you may be able to reduce others if you are willing to spend some cash.
Solar Tubes – These are tubes that can be purchased at some builder supply outlets and their purpose is to use their design to transport sunlight into the room. Each tube is good for adding light to hallways, interior bathrooms and other places that might need lights most of the time.
Skylights – This technology has improved greatly over the years but the benefits of them still remain.
LED Lighting – These lights are relatively new and expensive but they have a low rate of energy consumption rate and they can last for years. Some models can last for 50 years without burning out.
Solar Power – This option requires a large capital outlay unless you are in an area where solar panel installations are being rented to you instead of being sold. You may also find someone in your area that could make your solar panels for you. It might take 15-20 years to recoup your outlay but this timeline is dropping as solar technology improves and energy prices increase.
Wind Power – Some parts of the country and world have enough wind that you might be able to install a personal wind turbine that may generate all or part of your power needs. At $7,000 to $15,000, the time to break even on this investment is very reasonable.
Tankless Water Heaters – The traditional water heater sits there consuming energy all day so you’ll have hot water when you need it. The newer tankless water heaters heat the water when it is needed and this could save you about 35% on the energy used for the production of hot water.
Alternative energy for your vehicle – There is an increasing number of hybrid vehicles on the road but buying a new hybrid is expensive and not in the budget for most businesses and many individuals. There is a growing group of inventors and grassroots mechanics that are working on creating and installing hydrogen on demand systems on existing vehicles. The results of their efforts often create a smooth running hybrid that is inexpensive for each vehicle and the fuel savings range from 25% to 70% depending on the system and vehicle used. Water4gas is one such system and you are looking at an investment that will pay for itself in less than 2 months of driving with gas prices at $3.00 per gallon.
I strongly suggest you investigate this hydrogen on demand system because you could save a substantial amount of money each month.
Example: Let’s say you have one gasoline powered vehicle doing stop and go driving in the city and you are currently spending $200 a week on fuel. If you added the HHO system which supplies the hydrogen on demand to your vehicle and only realized a 25% increase in fuel mileage, you’d be saving about $50 a week. That’s a $200 a month savings on just one vehicle.
Isn’t it about time you investigated some of the energy saving ideas listed above to see how many of them would be cost effective for your business and your personal life? You might be pleasantly surprised at the amount of money you can cut out of your monthly overhead just by modifying a few things. A few of the above might also earn you breaks from your local utility, your state or the Federal government.
Last 5 posts in Business Success
- 3 Types Of Additional Income Streams For Local Business - June 17th, 2017
- Does Your Local Business Have A Residual Income Option? - June 3rd, 2017
- 5 Mistakes Local Business Startups Make - December 31st, 2016
- How Reputation Marketing Can Help Your Local Business - September 24th, 2016
- 3 Mistakes Consultants Make With Business Owners - September 10th, 2016