Adopt an energy-centric focus in strategy planning to help with increasing energy prices
As much as the public might hope for a cap on energy prices, it doesn’t look like we’ll be getting one any day soon. Every year, you can expect energy prices to rise far above inflation, and so we’re left with no choice: we must moderate our energy usage to save money…somehow. Over the next decade, it’s predicted that energy prices will continue to rise by as much as 26%; if that wasn’t bad enough, many experts believe that figure is a gross understatement. Businesses are on high-alert... Read more >
The rising price of utilities – about to worsen for businesses?
It’s now a worse time than ever to power your home by conventional means. This year’s Castle Cover Historic Home Utilities interactive infographic has concluded that while things seemed to be all hunky-dory in 2002, when coal, gas and electricity cost reasonable amounts – valued between 100 and 120 on the Castle Cover scale – they now sit at well over double these figures. Electricity now costs twice as much in 2012 (200.7), while coal and gas are priced at nearly treble the... Read more >
Top 5 tips for reducing business energy bills
Advertising feature. The ‘Top 5 tips for reducing energy bills’ is brought to you in association with Make It Cheaper. Make It Cheaper is the UK’s leading business price comparison and switching service, handling over 2,000 enquiries a week. It provides its customers with impartial, comprehensive and free information about overheads such as business electricity and business gas helping you to switch suppliers and making sure you are not caught out by the small print. What many... Read more >
SMEs ‘need energy protection’
Some of the smallest businesses are losing out on the best energy deals because of the ways some brokers work when they negotiate contracts with energy suppliers, new Consumer Focus research, Watching the middlemen shows. The problems micro-businesses face are compounded by a ‘protection gap’ with confusion about who takes lead responsibility – Ofgem or the Office of Fair Trading – for making sure this part of the market works well. To boost consumer protection in this sector,... Read more >
Energy switching: who wins?
The range in commercial energy prices in the UK is such that the cheapest business electricity rates are a third of the price of the most expensive. The difference between ‘new customer’ and ‘repeat business’ electricity rates, for example, can mean a savings of thousands of pounds, even to the smallest of companies. Consequently, there are two types of business that switch regularly: those with a high consumption of energy in relation to their size and those on tight budgets that simply... Read more >