Going green involves many cost-cutting procedures. Sustainable practices use less energy, deplete fewer resources, reuse materials instead of creating more waste and provide a healthy environment for happier, more productive inhabitants. Here are five ways businesses are cutting costs by going green.
Save on Utility Bills by Installing LED Lighting
Compact fluorescent lighting (CFL) was the energy-efficient standard for many years. A new technology, which has created enhanced LED lighting for homes and businesses, is set to change that. The light produced is soft and pleasant, not at all like the harsh LED lighting of the past. The LED lighting industry is projected to grow exponentially in coming years. LED lighting uses 10 percent of the electricity that incandescent bulbs consume and only two-thirds of what fluorescent lighting uses. Replacing all the light bulbs at the office is a simple and easy first step to eco-friendly cost savings.
Use Recycled Containers
Recycling is one of the primary ways to go green. By recycling packaging, office paper and other materials, companies can reduce waste management costs. By using recycled materials, companies engage in sustainable practices. Services have grown up to provide recycled storage units, paper, packaging and other business products. By using resources like containerexchanger.com, which buys and sells new and used packaging and containers, companies can create significant savings. Check the ContainerExchanger.com website for further information.
Take Advantage of Rebates, Incentives and Tax Credits
State and local governments encourage sustainability with a variety of programs. Even utility companies and other local organizations provide financial incentives for going green. A good place to begin researching the programs relevant to your business is online, at the Database of State Incentives for Renewables and Efficiency (DSIRE). http://www.dsireusa.org/ Despite the name, this site also lists federal and utility programs. A business can recoup 30 percent of the cost of installing solar panels from the federal government, for example. Some communities reward companies for greening their delivery systems or reducing their environmental impact. Check with the local Chamber of Commerce about how to get involved with your neighborhood.
Reduce Business Travel Expenses
Companies can usually reduce their carbon footprint significantly by committing to fuel efficiency and alternative means of transportation. Replacing the company fleet with fuel-efficient hybrids can result in tax credits. It also reduces fuel costs significantly over time. Letting your social media and marketing personnel telecommute also saves time and money in commuting and office expenses. Distance conferencing reduces executive travel expenses. Giving storage space to employees who commute by bicycle is an eco-friendly practice that pays off in worker satisfaction and greater productivity.
Use Green Building Practices to Reduce Labor Costs
Going green at the office includes providing a healthy work environment. Businesses that installed skylights or sun tunnels to increase the amount of daylight in the work environment experienced a 15-percent increase in worker productivity. Improving air quality leads to decreased absenteeism. Air quality can be improved by switching to eco-friendly cleaning products, removing toxic products from the work site and replacing old HVAC systems with clean, energy-efficient systems with up-to-date filters. The new systems will produce further cost savings by using less energy.
Environmental sustainability is becoming a high priority in all sectors of the economy. Going green produces creative ways to reduce, reuse, recycle and cut costs.
Kelley Cobb works as an operations manager and specializes in efficiency within her company. She not only loves to cut costs within her company, but enjoys making a difference as well. For more tips on making your business more environmentally friendly she recommends checkout out this site.