Minor change, major (46%) energy savings
In the summer, most finance chiefs look forward to the company’s electric bill the way men over fifty look forward to their annual prostate exams.
And while air conditioning is probably the first thing that comes to mind when it comes to sky-high electricity bills, keep this in mind: Lighting makes up at least 30% of companies’ average energy costs.
Good news: One simple move — no major changes or “green” initiatives required — can go a long way toward reducing your total energy costs.
The move: adopting a company-wide “light-out policy.” With this, companies keep their lights off throughout the building(s), and employees turn them on only when light is needed.
If you’re not doing this already, it’s worth a shot — one study states that companies using this tactic can enjoy up to 46% in energy savings.
With savings like those, any CFO can enjoy the benefits of a comfortably air-conditioned office.
- Share on
Free Training & Resources
Webinars
Provided by SkyStem
Further Reading
Some of the biggest companies are ending their diversity, equity and inclusion (DEI) initiatives — and doing so quickly. Brown-Fo...
A big reason employers are still allowing hybrid work is business benefits like reduced operating costs. But it’s also harder to ensu...
Businesses are looking for competent number-crunchers. Some are even desperate to find talent. But the next wave of finance professionals i...
The metropolitan areas where employers and employees want to settle are in flux this decade. COVID-19 accelerated the flexible on-site ...
A modern tech stack that gives you the power to analyze your enterprise data in real time may no longer be something on the nice-to-have li...
Employees who are just getting started on their annual tax filing chores may come to you or other finance staffers for info. A lot of cash-...
