How Going Green Can Help You Reduce Costs

You undoubtedly already know that going green is great for the planet, but did you know that going green can save you a significant amount of green? That’s right, your altruistic intentions can benefit your bottom line. Read on to learn how going green can help you reduce costs related to your Indiana Commercial Insurance Policy, utility bills, supply costs, and so much more.

Reduce Energy Costs

If you’re still using incandescent light bulbs, you’re wasting electricity and money. When you upgrade to compact fluorescent (CFL) bulbs, you’ll reduce energy use by an astounding 70%, according to Energy Star. You’ll also reduce the frequency of changing light bulbs, because CFLs last longer than incandescent bulbs. You will buy fewer bulbs and reduce the risks associated with employees scaling ladders to change light bulbs. You can also lower energy use and costs significantly by purchasing Energy Star-approved appliances and products.

Become Water Wise

According to a study conducted by the U.S. Environmental Protection Agency, Americans waste approximately 1 trillion gallons of water annually. One major reason for this waste is leaky pipes. Even a small drip, over time, can lead to hundreds of gallons of wasted water – water you pay for. A leak can also make a floor slippery and increase the risks of a pricey slip-and-fall insurance claim. Hiring a professional to evaluate and repair your pipes will save water and money.

Speaking of water, if you provide bottled water to employees, stop! Plastic bottles clog landfills and your trash or recycling bins. Cut down on waste (and expense) by purchasing a water cooler with refillable jugs or installing purifiers on your faucets and encouraging employees to drink from the tap.

Going green can be a win-win for the environment and your profit margin. Many environmentally friendly changes you make may even reduce claims on your commercial insurance policies. To make sure you’re well-protected when claims do arise, contact us at Walker & Associates Insurance, (888) 760-7292.