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26 Jun

Prepare For Changes In Business Energy Costs

by Pace Chan
 

As a business owner, it’s crucial to future-proof your business against unexpected events and rising wholesale energy costs. Taking proactive measures can mitigate financial risks associated with increasing business energy bills. In this blog, we’ll explore effective strategies for business energy customers to prepare for fluctuations in energy costs.

 

Invest in Renewable Energy

One of the most effective strategies for protecting your business from rising energy costs is to invest in renewable energy. By opting for alternative energy sources like solar or wind, even partially, you can shield your business from the volatility of the traditional energy market.

 

Reduce Your Carbon Footprint

Investing in renewable energy also helps reduce your business’s carbon footprint. Making eco-friendly changes not only benefits the environment but also enhances your brand’s image. As more consumers seek to support sustainable businesses, adopting green practices can attract environmentally conscious customers.

 

Make Smart Long-Term Energy Investments

Preparing for changes in energy costs involves making smart, long-term investments in energy efficiency. Consider upgrading your lighting, heating, and cooling systems to more efficient models, investing in energy storage solutions, or implementing a demand-response strategy. These proactive investments will not only protect your business from future price hikes but also lower your overall business energy consumption.

 

Benefit from Government Incentives

Many governments offer incentives for businesses transitioning to renewable or energy-efficient systems. For example, the Climate Change Levy, an environmental tax that is levied on the energy that a business consumes. It has been designed to incentivise companies to avoid using energy that results in carbon emissions. The more energy efficient a company is, the less tax they will need to pay.

By taking advantage of these opportunities, you can future-proof your business while saving money on energy costs in the long run.

 

Manage Your Business Energy Usage

To effectively prepare for changes in business energy costs, track and manage your energy usage. Understanding your energy consumption patterns allows for smarter decisions. Implement energy-saving practices, like turning off unnecessary lights and equipment, and consider investing in smart meters or energy management systems. This gives you real-time control over your energy costs.

 

Educate Staff on Energy-Saving Practices

Educating your employees on the importance of energy-saving practices is vital. By fostering a culture of energy efficiency within your business, you can ensure that everyone is working collaboratively toward reducing energy consumption.

 

Stay Informed and Be Prepared

It’s essential to stay updated on energy market trends and potential changes. Monitor energy news and government policies that may impact energy costs. Being informed allows you to adapt your business strategies proactively.

 

Consider Switching Your Energy Supplier

If you’re concerned about rising energy prices and inadequate support from your current energy supplier, consider contacting our energy experts at D-ENERGi to receive a free, no-obligation energy quote. Future-proof your business today!

Check out our 100% green energy tariff sourced from UK wind farms and other fully renewable sources such as hydro and solar.

Read our blog to find the answers to some common questions about switching business energy supplier.

Require Assistance?

We take pride in our commitment to providing the most competitive rates for business electricity and gas. If you are seeking guidance on how to effectively reduce your business electricity and gas costs, or require assistance with a business energy switch, please call our dedicated Customer Services team at 0800 781 7626. We assure you that calls will be answered promptly within five rings or less!

Click here for a Free Quote of business electricity and gas, our dedicated Account Manager will be assigned to provide bespoke business energy prices with excellent customer service.

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