The Federation of Small Business recently claimed that as many as one-third of small businesses highlight energy costs as a barrier to the growth and success of their company. However, 70% of small businesses also say that they find it difficult to compare business energy tariffs and 43% have never switched business electricity supplier.
So, if you want to find out how to save money by grabbing cheaper business electricity rates then read on:
Pick your lightbulbs wisely
If you currently use fluorescent or halogen light bulbs, try swopping them for energy-efficient bulbs such as LED bulbs. And encourage your employees to turn off lights when they are not in use, as this could save you up to £100 per year.
Cooldown
Lights can be one of the main culprits for driving up your energy bills, and heating comes in a close second. This is why it is wise to make sure your heating system is set around four degrees different from your air conditioning system – so they are not fighting against each other.
Keep it clean
If you have a staff kitchen, it is really important to keep it clean – not just from a hygiene point of view, but to help you save money too. Clean appliances, such as fridges, are much more energy-efficient than dirty ones – and just cleaning the dust off can save you up to a fifth of the energy they normally use.
Make your technology work for you
46% of the electricity used in offices is used outside of standard operating hours – so make sure all computers, printers, and other electrical items are switched off at night. It is also a good idea to unplug any mobile phone chargers when they are not in use as well – it sounds like a silly thing to do, but it can really help to save you money.
Compare business electricity suppliers
Of course, the main way you can reduce your energy outgoings is to make sure you are on the best tariff for your business by comparing business electricity suppliers and swapping to a better tariff. While this sounds like it will be time-consuming, it won’t be if you put it all in the hands of the D-ENERGi team. We do all the hard work comparing the best deals on the market, and finding the best tariff for you.
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Energy prices seem to have fluctuated quite a lot recently, with many business owners being frustrated by the changes. Rising electricity and gas prices mean that they have to pay more, while cheap business energy prices make money management unpredictable. This is why it is a good idea to know a little bit more about business gas prices and what affects them.
Supply and Demand
The first factor that affects cheap business gas is the traditional concept of supply and demand. Gas is bought, sold, and then transported in large amounts. How much of a supply of gas there is will affect the price of gas. When there is demand for gas in the UK and it isn’t available, then the price will go up as will the demand. However, when the gas supply in the UK outstrips demand then gas prices may be lowered.
Gas Storage
The UK’s biggest gas storage site was closed down in 2017 which meant that we dropped from having fifteen days’ worth of gas in storage to just four or five days. This has had a huge effect on gas prices especially in 2018 when we suffered from a particularly cold winter. A warning of gas shortages saw the price of gas shoot up to its highest level in more than 10 years. Although the UK government has been urged to take a closer look at its gas storage plans although it believes that a combination of LPG tankers and gas pipelines is more than sufficient.
The Pound
Gas prices are affected by fluctuations in the value of the currency and as we buy a lot of gas from Europe which means that the price that appears on your gas bill will reflect the strength of the pound. In recent years, the strength of the pound has dropped to an all-time low, which has led to rises in gas prices that will have been reflected in your business gas bills.
Wind Power
We create more energy from offshore wind generators in the UK than any other country, with Britain alone accounting for over 40% of the global capacity for wind-generated energy. On less windy days natural gas needs to be diverted to power stations which will result in an increase in prices.
From changes in how we get gas and produce energy to global disruption means that gas prices are always going to fluctuate. Not all of these changes will affect every business but it is always worth keeping an eye on the bigger picture when it comes to cheap business gas and cheap business electricity costs.
Get the best prices and deals on your business gas with D-ENERGi. Speak to our experts directly.
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Despite the fact that we started the new year with the promise of a vaccine rollout, the UK has stayed in the grip of the COVID-19 pandemic and entered into a third lockdown. So, the most important question is what has business energy suppliers got planned for us this year?
What impact has the pandemic had on business energy consumption
As you might expect, business energy consumption was lower this year than last year at the beginning of the year, but it started to rise again at the end of March when restrictions eased a little. The business sector that this can be seen in the most is the retail sector who experienced a real dip in energy consumption, especially during the first lockdown.
As businesses continue to navigate the changing landscape, it is likely we can expect more surprises when it comes to business energy consumption and so this is why it might be the best time to shop around to find the best business electricity and business gas suppliers for your business.
What is happening with renewable business energy?
2020 was the year that many businesses went green, and in fact, in April 2020 renewable business energy broke through the 40% mark for the first time. However, we are starting to see the move towards renewable energy drop off a little, which should come as no surprise due to the lower wind power generation and lower solar power take up – while the use of gas is rising.
This doesn’t mean that UK businesses are losing their appetite for green power, rather than the need for gas has risen due to the lower temperatures we have been experiencing. The National Grid uses gas-powered energy stations to bridge the gap between supply and demand at busy times, so when the weather is still and cloudy, gas can be used to plug the gap.
What will happen for the rest of the year?
As we head into the second quarter of 2021, there are no signs that energy prices will start to drop. So, if your business has been thinking about reducing your costs by using energy-efficient measures such as smart meters, now is the time to switch.
Rising energy prices and the possibility of higher targeted charging costs means now is a good time to review whether your existing business gas and business electricity suppliers – which is where D-Energi can help.
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There are currently more than 40500 charge point connectors across the UK in no less than 15064 locations – which means there are now more public electric vehicle charging points UK than there are petrol stations!
How long does it take to charge an electric car?
If you are used to a petrol or diesel car then you will be used to being able to fill your car up in a few seconds – however electric vehicles can take much longer. However, it can actually be more convenient, as you can charge them when the car is not in use – such as when you are at work or asleep at home at night.
How much you need to charge your electric car will change depending on factors such as how often you like to charge it? You might be someone who waits until it is nearly empty to charge it, or someone who tops up each day rather than waiting for it to get low.
Another factor that might influence how often you charge your electric car is temperature! Lithium-ion batteries, for example, perform better in warmer weather – which means you may see a drop in the range your electric car can do in the winter as compared to the summer months.
What types of electric vehicle charging stations are there?
When it comes to electric vehicle charging station UK there are four main types:
Slow – these tend to have a maximum of 3.6kw available and can take six to twelve hours to charge a pure electric car
Fast – these tend to be anywhere between 7 to 22kw and can take between 3 and 7 hours to charge a pure electric car depending on the car’s battery size
Rapid – rapid chargers are quicker than fast as they are around 43kw or more and are capable of charging electric cars to around 80% in 20 to 40 minutes (depending on how big the battery is and how much charge it has to start with
Wireless – this is not available in the UK yet, but it is likely to appear over here in the future – so watch this space
If you are interested in purchasing an electric car, and want to find out more about electric vehicle charging UK then please get in touch with the D-ENERGi team as we can not only help you with electric vehicle charging but also make sure your energy tariff is the lowest it can be too.
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Call for free 0800 781 7626 to speak to one of our friendly Customer Services team directly and reduce your business energy costs!