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The biggest carbon tax cost impact for most Australian businesses will relate to increased utility costs – power and gas in particular. And the flow on of suppliers having to cover their increased utility bills.
Energy Action has an online calculator to help you estimate the impact on your business – just enter your current electricity and gas bills to get an estimate of your bills for the next 3 financial years.
The carbon tax is coming, power bills will increase and businesses have to deal with it.
In the fight to keep prices down but profits steady, I think adding green practices to your business can help. That is, if you can implement some changes that reduce your power bills, the carbon tax will have less impact on for expenses so you can maintain prices and profits.
As a test, I reduced my electricity consumption by 50 kWh to save $16.93 per month in 2013 and $18.71 per month in 2015. Prices jumped $3.55 per month in that period prior to my reduced consumption.
{I made up the consumption numbers just for interest and used Victoria as my state.}
Saving in business power
How can you reduce your power consumption by 50 or more kWh?
There are many ways to cut your energy consumption, but some I have done or am looking at include:
What other ways can you minimise the impact of the carbon tax on your business? Will you try to minimise the impact rather than pass on increases to clients?
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