Hidden Benefits of Energy Efficiency
We understand that the recent COVID-19 outbreak has flipped business-as-usual on its head. One of the ways to spend some of our newfound downtime is to plan for our business’s future. Here are a few reasons to make energy efficiency a top-priority for your business in the post-corona reality.
The financial benefits of increased energy efficiency are obvious: use less energy, receive smaller energy bills. There are other benefits to energy efficiency that are less talked about, so we thought we’d mention them here.
Reduced Operations Costs
Closely linked to the benefit of reduced energy consumption, but not identical. Consider that if, by installing solar window film, you are able to take greater advantage of natural light without succumbing to uncomfortable heat gain or glare, your energy bills will go down AND your lighting fixtures will last longer.
By taking advantage of natural light, you will reduce the load on your existing lighting fixtures and lengthen their lifespan. That means longer intervals between labour-intensive bulb changes in addition to outright energy savings.
The Notre Dame study concludes that employees that worked in green workspaces were more satisfied and more likely to stick around, benefiting the company by reducing turnover.
Better Employee Satisfaction and Retention
We find this study quite conclusive. The study, conducted by management professors at the University of Notre Dame, found that employees that work at LEED-certified branches of an institution were more productive than employees working in non-LEED branches of the SAME institution!
The Notre Dame study concludes that employees that worked in green workspaces were more satisfied and more likely to stick around, benefiting the company by reducing turnover.
More Investment Capital
Window films represent an impressive ROI and quickly pay for themselves. Once the renovation has paid for itself, all the savings are yours to do with as you please. The extra cash can be reinvested wherever your company sees fit, and will help to grow your business for the future.
Reduced Financial Risk
Energy is a commodity, which means that prices will vary from day to day and month to month. The volatility of energy is hard to predict, and can quickly put businesses with high-energy usage at risk.
By investing in energy efficient strategies, you are reducing your business’s susceptibility to this volatility. Energy efficient renovations like window film are obvious ways to protect yourself from energy price spikes.
