Category Archives: Business

3 Ways Your Business Can Benefit from Green Energy

For the past generation, it has been socially desirable to show that any business is environmentally sensitive. It can benefit a business in many ways if seen and understood as being green in its approach to everyday activities. There are three specific ways that green energy can benefit a business today.

green energy

 

According to the guys at www.PowerExperts.co.uk, the UK’s specialist electricity and gas comparison website for businesses, the benefits include:

    1. 1. Marketing Value: It takes time and effort for a business to ensure that it is using as much green energy as possible. When it does so, it gains the right to make its customers aware of that fact. A growing number of buyers will patronise businesses that show they are taking steps to protect the environment. It will often take an investment to truly focus on issues such as selecting green energy. The payback on that investment is in attracting the customers who appreciate the effort. Therefore, it is important for a company to appropriately note its commitment to green energy in its marketing message and materials.
    2. 2. Economic Incentives: Purchasing green energy produced from renewable sources often costs more today than that energy produced from fossil fuels. Plus, if a business invests in its own renewable sources, the upfront expense can be significant. There are, however, a number of tax incentives and credits that can be applied to many such investments. The cost of electricity purchased from renewable energy providers is a deduction as a normal operating expense. After tax considerations, the additional costs of going green are often significantly reduced. The actual total additional costs must be weighed against these costs in an after-tax analysis.

An increasingly significant source of savings for businesses that use or create green energy is the market for Renewable Energy Credits. Monthly income is created from the sale of these RECs on the markets and exchanges that exist for that purpose.

  • 3. Environmental Value: Of course, one of the biggest benefits to using green energy is the fact of being a conscientious corporate citizen. Beyond the realities of marketing and promotional value, there is significance in being able to share with employees and shareholders that a company is making a profit in a way that is not in conflict with the environment. Over time, the business will share in the benefits of a situation where a cleaner environment is advantageous to everyone.

 

There is one additional advantage to a business that gains experience in utilising green energy. As the cost and availability of energy produced with fossil fuels continues to rise, companies that gain experience with green energy alternatives will find they are positioned to save on their choices.

There are both current and future advantages to any business that takes the time to make green energy a part of its business strategy.

The Politics of Solar Power Future

For a good number of years now since the world woke up to the need for alternatives to fossil fuels, it is really surprising that not so much have really been achieved, especially by our governments. This is despite the strides that have been made in solar power technology.

There have also been increases in oil prices as a result of more regulations as well as the instability in the Middle East; yet, the potentials present in solar power as an alternative to fossil fuel remain untapped

SolarEnergy_Advantage

With that in mind, one begins to wonder if all of the alarm being raised – especially by some governments – about global warming is really about caring for the world. If this is about our world, why do governments like the EU and US impose strong tariffs on solar panels manufactured in China?

Referring to an article on the New York Times by James Kanter, that importers of inexpensive solar panels from China could experience loss of hundreds of jobs because of imposing tariffs in the EU. If we really care for our planet, should it matter who manufactures the solar panels?

We have seen inconsistencies in the race to maximizing the potential for alternative energy both in the EU and in the US, so that could make us believe that there are economic reasons slowing down the successful implementation of solar panels in our environment.

Energy companies have to realize the shift in preference in the world, and adjust their business model to accommodate the use of solar panels in homes and buildings.

There are challenges in the successful use of solar panels, but our ultimate priority should be to save our world.

Top 5 ways businesses can become greener

Making your business more eco-friendly can bring some great benefits; as well as helping the environment, you’re also likely to save money. There are lots of ways in which to go green – read on for our top tips.

green businesses1) Go paperless

If you’re getting tired of dealing with huge piles of paper files and making the effort to store them every time you or your staff have finished with them, going paperless is the solution for you. You’ll save a significant amount of space that would otherwise be filled with documents, and you’ll also reduce waste to boot.

Some of the ways in which you can start minimising your reliance on paper include implementing a policy that encourages employees to email files to each other or transfer them via branded USB memory sticks rather than print them out, and electronically store documents in the cloud or on shared server space instead of in filing cabinets.

2) Get energy efficient

Business energy consumption can be alarmingly high – consider the cost of running multiple PCs, having the lights and heating/air conditioning on all day, operating company cars, and offering kitchen facilities for your staff, and you’ll soon realise that you ‘re using more electricity than you should.

Ways to reduce energy usage include installing lights with motion sensors, so they only come on when someone is nearby, as well as asking staff to turn off their PCs and/or monitors at the end of each day, so they don’t keep running overnight or over weekends. It’s also worth turning off the air conditioning or heating altogether when cold or hot air isn’t really needed and, when heating is required, turning down the thermostat if it’s set above 21 degrees C.

3) Reuse and recycle

Reducing waste is a great way to become greener – and it’s also easy if you know how. One popular practice involves placing recycling bins around your office for different types of recyclable rubbish, such as plastic, cardboard and paper, and arranging for your waste handling company to empty them on a regular basis. Ensure your staff know where to go to deposit specific kinds of recyclable waste and consider reducing the number of ‘normal’ bins dotted around the workplace to make employees think twice about where they should go with their rubbish.

You should also establish a policy encouraging employees to reuse whatever they see as waste where possible, rather than throwing it away. As an example, unwanted folders and mostly empty notebooks can easily be given new life simply by sticking new labels over old ones and ripping out used pages, respectively.

The business benefits of going green

If all of this sounds like more hassle than it’s worth, consider the stats relating to the benefits of going green for businesses of all sizes:

• Two-thirds of small and medium-sized enterprises have either recorded a boost in sales or expect to do so after establishing a system for environmental management, according to the Department for Environment, Food and Rural Affairs.
• Employees of companies that voluntarily follow international green standards are 16 per cent more productive than staff at firms that do not do this, says the University of California, Los Angeles.
• Large businesses waste £1.6 billion on energy consumption, some of which could easily be saved by putting in place some of the above measures, the Carbon Trust reports