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Why Are Electricity Bills For Small Businesses So Expensive Than Larger Enterprises BETTERBUSINESSQUOTES.CO.UK
SMALL BUSINESS ELECTRICITY PRICES Why are electricity bills for small businesses so much more expensive than larger enterprises? Odd, isn’t it? Well, SMEs are proven to pay 7.00+ p/kWh compared to larger businesses. But why is that? Believe it or not, one reason why this occurs is because bigger companies acquire bulk discounts from energy providers. On top of that, larger ?rms typically seek help from energy brokers in terms of ?nding cheap tari? deals. BETTERBUSINESSQUOTES.CO.UK
SMALL BUSINESS ELECTRICITY PRICES On average, small to medium businesses pay at least £5,000- £6,000 a year, 20% VAT included. That’s roughly 40% more than what larger businesses pay annually. BETTERBUSINESSQUOTES.CO.UK
SMALL BUSINESS ELECTRICITY PRICES Don’t lose hope though. It’s still possible for small businesses to cut down energy costs. Like we mentioned previously, comparing business quotes and switching to a di?erent supplier is one–and not to mention essential–way of cutting down costs. Negotiation is also key. Try contacting your preferred supplier and ask them if it is possible to meet halfway. Disclose your energy needs. Doing this might even make you be able to save thousands; don’t disregard switching to a new provider as you might be missing out on cheaper, better deals for a timely period. This is a mistake often made. BETTERBUSINESSQUOTES.CO.UK
SMALL BUSINESS ELECTRICITY PRICES Tips on how to regulate energy usage and make it more e?cient: 1. Switch o? appliances and equipment that are not in use such as computers, air conditioners, electricity outlets, among many others Leaving your desktop or laptops on (while charging) still consumes a lot more energy than you think. It doesn’t matter if your appliances are idle or on standby. If you are not to be using them, it might be better to turn these appliances o? instead. 2. Make ?uorescent and LED bulbs your best friend Fluorescent lights and Light Emitting Diode bulbs are known to use less energy than other types of bulbs. They may not be the cheapest of options, but think long term: they’re sturdy, they’re energy e?cient and they last longer than alternative bulbs. 3. Choose the right air conditioner While shopping for an air conditioner for your company, take into consideration how much energy a model uses. It’s also important to consider the size of your o?ce/establishment, this way, it will help you determine the ideal size of your A/C. An inverter-type model is also recommended. Another important rule (we should all follow, domestic or not) is to replace your A/C ?lters regularly. This can lower its energy consumption by a mere 15%. Not bad, right. BETTERBUSINESSQUOTES.CO.UK