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20 September 2021

Exposed Magazine

In the majority of manufacturing businesses, energy used in powering heating, ventilation, and air conditioning (HVAC) systems takes up sixty-five percent of the costs. However, in factories, machinery consumes the most amount of energy. This is why manufacturing utility prices can vary for each company, and managing the cost of energy bills is really important for the business.

Ways to Reduce Energy Costs in Manufacturing

  • Strategic Use of Machinery

An amazing way to reduce energy costs is by scheduling when you operate your machinery. There are peak hours in electricity usage; thus, if you use your machinery during the off-peak hours, then you are more likely to save money on your electricity bills. The same also applies to gas.

  • Energy Audit

You need to have an idea of your consumption rate before you can lower your manufacturing electricity usage. Thus, you need to have an energy audit performed in your business. This way, you will learn the average amount of energy you use per day. This will also help you know which machines are using the most amount of energy, and thus, you can plan out when to use this machinery.

  • Switch off All the Unnecessary Lights

Manufacturing facilities can have higher utility bills because there are lights and air conditioning systems that are left on when they are not in use. This is not only wasting the company’s money but is also harmful to the environment as energy suppliers will have to produce more energy to meet the demands of such companies. More energy means the burning of more fuel, which contributes to global warming. To reduce this issue, companies can:

  • Put up posters to remind all the workers to switch off all the lights and air-conditioning units.
  • They can put up markers to help workers easily identify the light switches.
  • Install motion sensors that switch the light off automatically.
  • Upgrade Outdated and Inefficient Equipment

Outdated equipment most of the time consumes a lot of energy and thus is very insufficient for a manufacturing company. Not only is the company going to lose money on utility bills, but their competitors will be offering the same products as them at a lower price since manufacturing their product does not cost then as much money on utility bills.

  • Choose a Good Energy Provider

When choosing a new energy provider, make sure that the company offers you fair rates and is credible within the market. This can easily be done by comparing the rates of each company and checking their reviews online. There are also third parties that can help you find the best energy suppliers according to your budget.

Conclusion

There are many ways through which you can reduce your energy bills. But having a good management team that can look into each problem related to excessive energy use can also help with your problems. At the end of the day, the type of practices you choose to follow will result in how much savings your company makes on utility bills.