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8 May

Increase Profits with Cheap Business Energy Deals

by Simon Thompson
 

Most firms and organisations will be looking at their everyday costs and wanting to keep them under control so accessing cheap business energy deals will be key since this will also boost profits.

In addition, the firm may undertake a business energy audit which their potential new supplier may offer which could find them reducing consumption and increasing their savings.

For example, the Carbon Trust says that a company reducing their energy costs by 20% could find their bottom line rising which would equate to a 5% increase in sales.

The Carbon Trust points to regular energy saving tips including switching off PCs and computer screens for the night and at weekends which could reduce energy consumption significantly. Switching off lights when not needed is also a way to save money.

Also, poorly maintained boilers may add up to 30% for a firm’s heating costs.

Accessing cheap business electricity and gas supplies

All these are simple measures that each company and organisation could undertake to reduce their energy costs and an energy audit will reveal more though the main savings will come with accessing cheap business electricity and gas supplies.

Indeed, by simply switching to a more affordable energy price, the company will save significant sums of cash.

For those companies who have never switched energy suppliers before, then the procedure for understanding how to find a new supplier and understanding the tariffs available can be confusing.

The process may also appear to be time-consuming but there is help at hand and businesses could utilise a cost comparison website to discover which companies are providing better deals.

Indeed, understanding the firm’s current energy bills will be critical for finding a cheaper deal and one survey has revealed that 23% of companies don’t assess their statements because they don’t have time to do so.

More worryingly, many of the survey’s respondents said they believed their bill was correct.

Cheap business gas supply

Along with making use of a cost comparison site – whether that’s for cheap business gas supply or for electricity – a company could be enticed to switch by simply looking at the prices that are offered – however they should also think about the other potential costs too.

This includes the standing cost from the energy provider and these will vary between suppliers so what seems to be a low-cost cost per unit of energy becomes a different scenario when this standing cost is contemplated.

There is an issue also of which contract to pick, while many suppliers will have fixed rates, some providers will provide a flexible contract.

While many company owners are going to be short on time to take on this form of investigation and comprehend what their energy needs are, it will be time well spent in the long run.

 

For all those organisations which are looking for cheap business energy deals to help boost their profits, the team at D-Energi can help save time by finding the best deals currently available.