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        Updated: April 15, 2024

        Commercial Energy Audits

        How commercial energy audits can improve efficiency and save your business money

        No impact on your credit score

        With the energy markets continuing to rise, a commercial energy audit can offer a cost-effective way of ensuring your business is not spending money unnecessarily as a result of energy wastage that you may have otherwise been unaware of.

        All businesses in the UK currently face a huge task in keeping on top of their gas and electricity bills. Commercial energy audits are a smart way of reducing these costs and an experienced energy consultant could help identify the best areas to focus on by delivering an audit .

        At Online Money Advisor, we have partnered with a number of trusted consultants who deliver commercial energy audits and through our free broker matching service, we can ensure you’re connected to the best business to meet your requirements.

        What is a commercial energy audit?

        There are, in effect, three types of commercial energy audits all of which have the principal goal in mind of assessing your business energy usage and identifying areas where you can improve efficiency, ultimately saving you money.

        The three types of commercial energy audits are:

        • On-site energy audit. Typically conducted by a specialist energy auditor who will carry out an extensive review of your business operation, focusing on a specific checklist of areas which consumes energy, such as:
          • Lighting
          • Air-conditioning units
          • Insulation
          • Heating systems
          • Machinery
        • Over-the-phone energy audit. As the name suggests this type of audit is telephone-based and involves an energy auditor asking you a series of specific questions relating to your business’ current energy usage. This version of an audit can sometimes be referred to as an energy ‘Health Check’ and can identify quick wins and immediate points of focus before a site-visit may be required.
        • Internal audit. Carried out by an employee of the business and usually the preferred method for smaller enterprises. By following a bespoke checklist you can identify areas within your premises – poor lighting or insulation, for example – which can be fixed. This option, whilst not as thorough as an external audit can still prove to be very effective

        At the end of each commercial energy audit an action plan is produced in order to catalogue and prioritise all the required changes. Your energy audit consultant will be able to help you decide which type of audit would be the most suitable for your business.

        Get Started with an expert today

        Benefits of a commercial energy audit

        In addition to making your business more energy-efficient and saving money on bills, other key benefits of commercial energy audits would be:

        • Good practice and sustainability. Regular energy audits will ensure your business remains efficient whilst also opening up opportunities to explore ‘greener’ energy alternatives such as solar panels or heat pumps which could save you even more money long term
        • Reduce exposure to future energy price increases. Spending less on your business energy bills will lower the effect increases in gas and electricity prices will have overall
        • Impact on the environment. More efficient use of your energy consumption means your business is playing it’s part in being kinder to the environment

        How to conduct an effective commercial energy audit

        First of all your business would need to decide which type of commercial energy audit will reap the clearest benefits. This is where we can help!

        The energy audit specialists we work with can provide all the assistance you’ll need to carry out an effective energy audit by:

        • Helping you choose the right energy audit, based on your specific business needs
        • Taking you step-by-step through the entire audit process
        • Creating a bespoke audit checklist focusing on key energy usage equipment
        • Formulating an action plan based on the energy audit findings
        • Advising you on which areas to prioritise fixing first in order to maximise your business energy efficiency
        • Outlining alternative energy solutions which could save you even more money moving forward

        To find how a commercial energy audit can make your business much more energy efficient and save money on your energy bills at the same time, get in touch

        Get Started with an expert today

        Craig Watson

        Craig Watson

        Commercial Energy Expert

        About the author

        Craig is a commercial energy advisor who has been working within the industry for over a decade.

        He’s recently worked as company owner and Operations Director with Experienced Energy Solutions, and is passionate about helping businesses save time, money and energy.

        Delivering market-leading consultation on all things energy related, Craig supports his customers by offering a fully transparent approach to help break energy management into a language anyone can understand.

        Craig is also a co-founder of Birmingham Net Zero and has previously held positions with leading gas and electricity suppliers as well as award winning energy consultants.

        FCA Disclaimer

        *Based on our research, the content contained in this article is accurate as of the most recent time of writing. Lender criteria and policies change regularly so speak to one of the advisors we work with to confirm the most accurate up to date information. The information on the site is not tailored advice to each individual reader, and as such does not constitute financial advice. All advisors working with us are fully qualified to provide mortgage advice and work only for firms that are authorised and regulated by the Financial Conduct Authority. They will offer any advice specific to you and your needs.

        Some types of buy to let mortgages are not regulated by the FCA. Think carefully before securing other debts against your home. As a mortgage is secured against your home, it may be repossessed if you do not keep up with repayments on your mortgage. Equity released from your home will also be secured against it.