Now more
than ever, businesses are looking for creative ways to save money and raise
profits. And in today's economy, utility bills are among of the highest
expenses the average business shoulders. Organizations use KWH meters to
monitor energy use in order to share the cost with other entities or to find
areas of energy waste.
Home Business Deductions
Taxpayers
operating home businesses can deduct utilities from their annual taxes. The
amount that can be deducted is proportional to the size of the office. A 200
square foot office in a 2,000 square foot home would allow 10% of annual
utility bills to be deducted on the owner's income tax. However there are many
cases where the office uses a disproportionate amount of power.
A west
facing home office might require a portable air conditioner to keep it
comfortable during hot afternoons. Copiers, fax machines and other equipment
means more electrical equipment is in the office than anywhere else in the
house, raising electrical use. Home businesses such as laser engraving or
carpentry may use equipment with very high energy demands.
A KWH meter
allows the business owner to document the power used by the home office and
deduct the actual amount used rather than a percentage of the total.
Passing Energy Costs to Tenants
Any time an
office landlord is sharing energy costs among tenants, the problem of dividing
up utility bills arises. The situation could be a homeowner renting out a spare
room or a building with hundreds of commercial offices. In the past, individual
KWH meters were expensive and difficult to install so owners used strategies
such as adjusting rental fees to cover utilities or dividing up total energy
costs by square footage.
The problem
with these policies is they give no incentive to conserve. An energy-gobbling
tenant pays the same as the one who struggles to reduce power consumption.
Modern KWH meters are inexpensive and simple to use. Utility bills can be
calculated for each tenant, allowing fair pricing and encouraging individual
responsibility for energy use.
Conservation on an Industrial Scale
KWH meters
aren't meant just for computers and other small electronics. Large
manufacturing operations use far more energy than standard office environments
and find that conservation leads to significant cost reductions.
KWH meters
allow a manufacturing facility to determine what operations are using the
greatest amount of power. Attention can be directed at the most energy-hungry
processes since small changes there will have the largest impact on energy
consumption. Plants with multiple divisions can monitor each division
separately, leaving it to managers to find ways to cut power consumption to
lower levels.
As changes
are made, the meters demonstrate whether they are having an effect or not. When
employees and managers see tangible proof of their efforts, they are motivated
to conserve more. Departments can be rewarded for conservation efforts, saving
money and improving morale.