The fine margins between a business’s profit and loss are explicitly evident in the inflated world of football. The transfer window closed this week with clubs spending in excess of £1bn. This is a game where exorbitant wages are common place and a poor run of seasons can result in administration.
With that in mind, there are notable examples from two different football clubs that highlight the way in which energy use can affect the profit margin of a business.
Case study 1: The time when Newcastle United chiefs shaved £200,000 off energy bills.
Admittedly, blog posts in 2016 that cite Mike Ashley as an example of best practice will be few and far between, however, the controversial owner of Newcastle United and Sports Direct went some way to highlighting just how much money a business can save when they are efficient with energy outlays.
The Geordie football club saved money by renegotiating water, gas and electricity bills and implemented the use of push taps and LED lighting with motion sensors. These energy saving hacks helped save the club £200,000 during a time they were on the brink of insolvency.
Case study 2: Forest Green Rovers created the world’s greenest football club.
Forest Green Rovers are owned by energy entrepreneur Dale Vince and the club diverts 95% of its waste from landfill to recovery and recyclable use. Its stadium features solar panels which generate energy in the stadium on a match day and the club even use a solar powered robot to mow the pitch.
While installing solar panels may not be an option for all businesses, the two examples above demonstrate the energy and money savings that can be made from investing in efficient energy practices.
Below we have assembled five tips that can help your business lower energy costs and save a substantial amount of money.
1. Assign an energy champion
Like Dale Vince at Forest Green Rovers, it can be invaluable for a company to assign an energy champion. A lot of offices assign social secretaries, fire wardens and first aid officers, energy is another field where it is worthwhile having a designated go-to person. They can hold the rest of the team accountable to the goals and methods set out in team meetings. The energy champion can also report back on the financial savings made by implementing new practices and help to keep the team motivated in striving towards its energy goals.
2. Lighting – Replace incandescent lights and use motion sensors
This is one area Newcastle United profited from. By replacing incandescent light bulbs with LEDs a company can use 25-30% of the energy used in traditional lighting. The LED option also lasts 25 times longer. Furthermore, lighting sensors can cut wasted electricity by as much as 30%.
3. Paper usage
This can extend from the paper in the copier to the paper in the hand towel dispenser. Both places savings can be made. Printing in black and white where possible, and using the double-sided printing function can save ink, paper, and operational energy. By switching from paper towels to hand dryers a company can save up to 90% in operation costs – as the accountants at St. James’ Park discovered.
4. Power down policy
Being wise with computers can save vast amounts of money. For instance, laptops use 90% less energy than desktops. Powering down a computer at the end of each day and on weekends can save as much as £35 per computer. If you have 10 people in your office you can save £350 per year, if you have 30 you can save more than £1,000.
5. Get an energy audit
Hire an external expert that can pinpoint which specific areas your business can save money. For example, at The Energy Brokers we can monitor, analyse and report energy consumption and performance. All the figures can be broken down and presented in myEnergy, a secure online portal which provides all the information you need, along with updates and advice.
Source: Saul Bush – One