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17th February 2023

How to compare business electricity to cut costs

As a business owner, it is essential to stay on top of your finances and compare business electricity. One great way to do this is by taking advantage of energy comparison services. Comparing business electricity plans can lead to significant savings in the long run, making it an important - if often tedious and time-consuming - a task for any business. Let’s take a look at why comparing electricity plans is so beneficial for businesses.

comparing business electricity cuts costs

As a business owner, it is essential to stay on top of your finances and compare business electricity. One great way to do this is by taking advantage of energy comparison services. Comparing business electricity plans can lead to significant savings in the long run, making it an important - if often tedious and time-consuming - a task for any business. Let’s take a look at why comparing electricity plans is so beneficial for businesses.

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Woodgrange Laundry

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2019

Year Joined

£120,000

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Voltix Services Ltd

5 Stars Rating

2019

Year Joined

£120,000

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What are the benefits?

The most obvious benefit is that you can save money on your utility bills. When you compare business electricity plans, you can find the best rate available in your area and switch if necessary. This can save you hundreds or even thousands of pounds every year. Additionally, some energy providers offer special deals for businesses that sign up for their services. By shopping around and comparing prices, you may be able to find these deals and get even more savings!

Reduces carbon footprint

Another benefit of comparing electricity plans is that it can help reduce your carbon footprint. Many businesses are committed to reducing their environmental impact, and switching to a green energy provider is one way to do this. Green energy providers use renewable sources such as solar and wind power for their electricity production instead of relying on fossil fuels like coal or natural gas. By switching to one of these providers, you can help reduce your company’s carbon emissions while still getting access to reliable energy at a reasonable price point.

Makes the most out of your energy usage

Finally, comparing electricity plans can help you make sure that you are getting the most out of your energy usage. Some providers offer discounts when you use their services during certain hours of the day or days of the week, so it’s important to compare rates before signing up with any particular provider. You may also be able to negotiate better terms with certain providers if they know that you have done your research and are serious about finding the best deal possible.

Comparing business electricity plans is an essential task for any business owner who wants to ensure they get the best rate possible on their utility bills while still taking care of the environment and staying within budget. Doing so could save you hundreds or even thousands of pounds each year and give you peace of mind knowing that your company is doing its part in reducing its carbon footprint. Take some time today to compare electricity plans in your area and start saving money - you won’t regret it! But if you have neither the time nor inclination to do this, why not use a price comparison service like ours? Our consultants can even advise you on measures that could reduce your electricity bills overall.

Find out more about how the electric industry is evolving and reacting to the latest news and trends by checking out more of our blogs!

Thank you for reading this electricity blog and we hope you enjoyed it. You can read more here Small business electricity-saving tips! In addition, we will continue to add new updates regarding news and trends in the industry that you should know about.

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Getting the best deals on the best electricity contracts for businesses is easy with us!

We understand how challenging it can be to keep track of the latest changes in energy pricing while managing your business operations.

That's why Compare Business Electricity is dedicated to providing you with any information you may need to make informed decisions about your energy supply contracts so that you can make the most informed decision possible.

Our company has extensive experience in the sector, and we will be able to find the right solution for you that will meet your unique needs. All the tools and resources that we have at our disposal are at our fingertips, so all you have to do is call us on 01274 081 070 or email us at hello@comparebusinesselectricity.uk.

Using Compare Business Electricity, it’s easy to compare the prices of business electricity!

You can find out more about Compare Business Electricity by visiting our website, which allows you to compare business electricity prices in your area. Using our energy rate comparison service, we can assist you in choosing which provider offers the best rate for your business, by comparing different electricity providers.

Our goal is to empower businesses with information they can trust, which is why we will only work with companies that we have carefully vetted through our team of experts. Providing our customers with a simple way to make a decision is another important aspect of our company's philosophy. To save you the hassle of doing the hard work yourself, we do it for you.

The complete guide to business electricity: Everything you need to know

How much electricity does a business use daily?

There are typically three main electricity-consuming activities in a business, namely heating, cooling, and lighting.

In a business setting, heating and cooling can account for more than half of the electricity consumed, so it is important that your heating system as well as your HVAC system (if you have one) are energy-efficient; this can reduce your business's energy bills significantly as well. Lighting is another thing that can use a lot of electricity, so whenever possible, try to use LED bulbs or fixtures to save energy.

What’s an estimate of the amount of electricity used every month by a business?

It depends on the size of the business and the amount of electricity it consumes. For example, a small business might use 500-kilowatt hours per month, while a larger business could use up to 100,000 kilowatt hours per month.

The use of electricity by businesses tends to rise during the winter months when companies utilise more electricity for things like heating and lighting, while their electricity usage decreases during the summer months when they rely less on electricity for these activities.

Does it cost more for businesses to use electricity than for domestic consumers?

For the most part, yes. Due to the fact that businesses typically use more electricity than households, they need to pay more than individuals do.

The reason for this is that businesses tend to have larger spaces which require heating or cooling, and more machines which require electricity to function properly. There are also a lot of businesses that tend to run during peak hours when electricity rates are higher.

Is there a cheap energy supplier in the United Kingdom that I can use?

No single energy supplier in the UK can be said to be the cheapest. You will find that your energy price varies according to your location, the type of energy you use, and how much you consume.

In spite of that, you will be able to reduce your energy bills in several different ways by following these tips. To do this, one of the options is to switch to a cheaper energy provider. Compare Business Electricity can help you find the right supplier for your business electricity needs. Because we compare prices and tariffs from multiple utility companies, you don't have to worry about doing any of the hard work.

Is it better to have a fixed energy rate or to have a variable energy rate?

There is no one-size-fits-all answer to this question, as the decision whether to be on fixed or variable energy depends on the needs of your business and not on what is deemed appropriate for everyone. There are, however, some factors to consider when making this decision that you may want to take into account.

When you have fixed energy costs, you get a more predictable monthly bill. This can be useful for businesses which suffer from tight budgets.

With a variable energy contract, though, it can be possible for businesses to take advantage of falling energy prices, if the market allows, and thus reduce energy costs over time.

It’s also worth bearing in mind that often, fixed energy contracts come with cancellation fees that are difficult to get out of. Therefore, businesses should ensure they are comfortable committing to a long-term contract before deciding to sign one. In many cases, variable energy contracts do not include cancellation fees, so businesses are able to switch providers if they find a better deal elsewhere without being penalised for doing so.

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Woodgrange Laundry

5 Stars Rating

2019

Year Joined

£120,000

Total Savings

Voltix Services Ltd

5 Stars Rating

2019

Year Joined

£120,000

Total Savings
Don’t wait any longer!

Want to know how much you could save?

Simply get in touch to let us know a bit about your business and we’ll source quotes from a range of suppliers.

Call our business energy specialists for free right now!

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If you’re looking to switch your company’s energy suppliers, our team here at Compare Business Electricity can help you find the deal that will secure you the biggest savings.
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