Eco-Minded Green Business Ideas You Can Implement

Building a socially responsible image as a business isn’t always as easy as it seems. Starting charitable programs, providing benefits to your employees, and giving back to your community are all places to start. But one of the newest trends in business stewardship is going green. By implementing some eco-mind green business ideas, you can ensure the loyalty of your customers as well as cutting costs. Here’s how to do it.

Eco-Friendly Ideas for Your Business

Eco-friendly ideas for your business have a wide range in both feasibility and cost. But you don’t have to spend your entire excess budget on green initiatives. Sometimes, the little things can make all the difference. So regardless of your budgetary surplus or restrictions, here are some green ideas for your business.

Reducing Waste

Americans produce an absurd amount of waste, totalling up to 4.5 pounds per person per day. To counteract this effect, you can implement a number of initiatives to reduce this waste, even in the smallest ways:

Ditch the Keurig for a can of coffee grounds
Provide your employees with a reusable water bottle instead of plastic bottles
Switch from paper towels to hand dryers in the bathroom
Source products from local suppliers

These are just a few ideas to get your creativity rolling. All you need to do is expand on these to create a waste reduction plan for your business.

Focus on Plumbing and Electricity

Some of the biggest wastes in businesses come in the form of plumbing and electricity. But to many degrees, it’s understandable. While you’re concerned about operations and profitability, the leaky faucet or the light left on seems insignificant. But you can tackle these issues in a variety of ways.

Smart plumbing is a new product that informs you via Wi-Fi or another signal if a leak forms in your system. Furthermore, motion-sensor lights can cut your bills immensely without having to worry about flicking the light switch. By placing your attention on these two facets, you can avoid unsightly bills and wasteful use of energy.

Alternative Power Sources

If you have a larger budget, alternative power sources are a huge benefit to business and reputation. Solar power has become readily accessible to business owners and can reduce energy bills by up to 75%. In some areas, wind and hydroelectric are also viable alternatives, giving you even more options to reduce your carbon footprint.

Tax Credits for Green Energy

Businesses can also benefit from tax credits for green energy. Some of these federal tax benefits include:

30% tax credit for businesses that install solar panels
26% tax credits for new construction with sustainable energy sources
State and local tax credits that vary

By investing in green energy, you not only lower your costs but also get a tax break on nearly every level of government.

Eco-minded green business ideas are a stellar way to improve your bottom line while also boosting your image. But sometimes, you might need to enlist the help of a professional. At 3 Phases Renewables, our team is experienced in renewable energy. We can help you implement a plan that is beneficial to your business and the planet.