Energy Waste: The Hidden Costs

You know that wasting energy can increase your energy bills. However, did you know that there are a variety of additional costs that come with energy waste that can negatively impact your operations?

Lower Employee Productivity

Poor lighting, insufficient ventilation and uncomfortable indoor air temperatures can decrease the speed and accuracy of office tasks and reduce worker output. By upgrading to high-quality LED lighting and properly tuning HVAC building controls, you can create a more productive work environment.

Decreased Employee Health

Poor indoor air quality (IAQ) can result in higher rates of respiratory illness and headaches. The physical environment also impacts infection rates of airborne pathogens. Energy-saving upgrades, such as natural ventilation, can improve IAQ and the overall work environment.

Increased Accidents

Insufficient lighting increases the chance of a worker being struck by an object, tripping or falling. The average cost of medically consulted workplace injuries is very high. Brighter lighting and more uniform light distribution can reduce the chance of workplace accidents.

Higher Employee Turnover

Hiring and training new employees is expensive. Recruiting and retaining good employees is more difficult if your indoor environmental quality is poor. Make a good first impression and keep existing staff comfortable by upgrading and properly maintaining lighting, HVAC and other building systems.

Increased Vacancy Rates

For owners of rental properties, vacant spaces are costly. Energy-efficient buildings typically have higher occupancy rates and command higher rent premiums. This results in additional net operating income for owners.

Secure the Savings

You’ve uncovered opportunities to save money and improve your operations. For long-term savings, establish an energy management plan focused on identifying and implementing energy efficiency measures and tracking progress.