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2:15 PM 12th August 2022
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Top 5 Tips To Help Businesses Save On Energy Bills

 
Image by PIRO from Pixabay
Image by PIRO from Pixabay
It has been reported that businesses could see their energy bills increase by around 500% in October, which is worrying news to many. With this in mind, experts at Utility Bidder have revealed how UK businesses can cut costs when it comes to energy bills.

Top 5 tips to help businesses save on energy bills

1 - Install smart light switches

Smart light switches include an occupancy sensor, which automatically turns lights on and Off. This can be extremely useful for rooms, such as conference rooms or meeting booths where lights are left on a lot.

2 - Be mindful when using air-con

As we’re in the summer months it can be easy to switch the air con on throughout the day, but it’s important to try opening windows first and then use the air con when essential and for short bursts.

3 - Switch off electricals at night

When you have finished working for the day, it’s important to switch off all devices such as computers, as not doing so can significantly increase your energy bill. Turning off a single monitor when it’s not in use and over the weekends could save your organisation up to £35 a year on business electricity bills.

4 - Invest in up to date technology

Older versions of appliances such as fridges, computers and even boilers are far less efficient than modern versions. It is worth doing an appliance audit and looking into the appliances that could do with an upgrade.

5 - Install a smart meter

If your business is allowed to, then installing a smart meter is a great way to monitor how much energy you’re using and where you can potentially make changes to lower your usage, but you will need to speak to your provider or landlord if you rent your premises.

3 steps businesses should take when struggling with energy bills:

1 - Speak to your provider

If you’re struggling to keep up to date with your energy bills, then you need to contact your supplier asap, as they will be able to help you with a payment plan. Many providers also offer subsidies and business hardship funds, but these are not well advertised, so you’ll have to ask your supplier.

2 - Seek professional help

If your business is struggling financially due to rising energy costs, then experts are on hand to assist you. Reach out for debt management advice from charities and services such as the Money Advice Trust and they can support you through the difficult period.

3 - Plan ahead

Whilst conducting business plans, we’d recommend including price increases in your plans for some time to come. This can prevent any nasty surprises in the future for your business.

Chris Shaw, CEO at Utility Bidder has revealed the steps businesses can take now in order to help reduce their energy costs in the autumn:
“The past few months have been financially challenging for businesses and consumers alike and sadly, with energy bills set to increase even further in the autumn, businesses across the UK are going to feel a financial squeeze for the remainder of 2022 and potentially beyond.”

“With the price cap set to rise in October, there are a number of steps businesses can take now, in order to try and relieve some of the financial stress which might come later in the year. Simple switches around your office or place of work can have a big impact on your energy usage, such as investing in smart light switches and upgrading your technology and devices, as well as making sure all electricals are turned off when they’re not in use.”

“It’s important to be aware of the amount of energy your business is using whilst in operation, so we’d highly recommend enquiring about a smart meter as this will give you a strong idea as to where the majority of your usage is coming from, which means you can act upon this and make any necessary changes within your place of work.”