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Energy and gas costs continue to rise, leaving businesses like shops, supermarkets, hardware stores, car dealers and service stations feeling financially strained.
The good news is that retail businesses can significantly reduce their energy bills by becoming more energy efficient.
Reducing energy use in your business can:
The figures on this page come from our Boosting Business Productivity program. We worked with more than 300 businesses to explore their energy use and minimise their energy cost.
First, understand where your business is using the most energy, so you can find ways to reduce and save.
In the retail industry, common areas that use the most energy are:
Learn how to measure your current energy use.
Lighting can add up to 50% of your energy bill.
Instead of relying on your staff to switch of lights, install a system that will do the work for you.
Find more ways to manage your lighting costs.
On average, retail businesses installing motion detectors and timers to control lighting found they:
Managing the way you heat and cool your space can reduce your energy bill by up to 50%.
Set the thermostat to:
One degree higher or lower can add 5–10% to your heating and cooling bill.
Try a lower air flow. The lower it is the less energy it uses.
Limit heat entry or loss through:
Find more ways to manage heating and cooling.
On average, retail businesses managing heating and cooling more efficiently found they:
LED lighting is more than 60% more efficient and requires less maintenance than fluorescent and halogen lighting.
On average, retail businesses upgrading to LED lighting found they:
Some of your refrigerators may be running when not needed.
When empty or not in use, switch off equipment like:
Make sure equipment is set to the correct temperature, based on the manufacturer’s recommendations. Regularly maintain door seals to avoid losing cool air.
Find more ways to manage your refrigeration.
On average, retail businesses installing timers to refrigeration equipment found they:
You can switch to renewable energy by:
To get the most competitive offer for renewable energy, compare electricity and gas providers.
Download the Clean Energy Council guide to installing solar (PDF, 2.0MB).
For help investing in solar, you can get finance. Environmental Upgrade Finance allows you or your building owner to borrow money from a financier to install solar on your site. You then make repayments through your local council rates system.
Find out more about Environmental Upgrade Finance.
On average, retail businesses switching to renewable energy found they:
Hire a professional energy consultant to review your energy bills and the way your business operates. They’ll identify where you’re losing energy and what you can do about it.
Through our Boosting Business Productivity program, on average, a business in the retail industry:
Find an energy auditor near you.
Our energy upgrade tool does the hard work for you. It recommends opportunities and funding options, and calculates return on investment for your business.
Use the energy upgrade tool.
You may be eligible for discounted energy-efficiency products and services, through the Victorian Energy Upgrade program.
To get started, contact an accredited provider.
Then, you can pay for the remaining cost with energy-specific finance.
We’ll send you the latest sustainability information, tailored for business, including: