Give Your Business Utilities a Refresh for 2020

January is a time for reflection for most people and this includes business owners, with the new year bringing with it an opportunity to take stock of performance during the past 12 months, create goals for the year ahead, and ensure...

Posted by Inspired Energy

Mon 20th, Jan

January is a time for reflection for most people and this includes business owners, with the new year bringing with it an opportunity to take stock of performance during the past 12 months, create goals for the year ahead, and ensure that you start the new year in the best position possible.  

Utility bills make up a large proportion of a business’ overheads, so when it comes to your financial health check, managing your business energy costs is a critical part of this. Here’s what you can do to start your new year on the right foot…

Review Your Energy Contracts

A good energy procurement strategy means more than just renewing your gas and electricity contracts at their end dates - it’s always worth reviewing your current contracts to see where you could be paying less.  Are you on the right tariff for your business needs? Have you missed a renewal date, leaving you stuck with a poor value default rate? We can perform a free, no-obligation energy assessment to confirm whether your utilities are performing well and unearth any cost-saving opportunities. Plus, we can set up renewal reminders to ensure you avoid those pesky rollover rates!

Be Mindful of Consumption

Did you leave the office lights on over Christmas? If you did, chances are that this will have gone unnoticed, but it will have undoubtedly cost you money. Improve the way you use energy with a business smart meter, which can help you to monitor and reduce your energy consumption - after all you can’t manage what you can’t measure. We work with suppliers who offer free smart meters and can arrange this on your behalf.

New Year, New Supplier?

According to Ofgem’s Micro and Small Business Engagement Survey*, 36% of businesses were too busy to switch energy suppliers and 35% thought that something would go wrong if they switched. This lack of engagement is costing small businesses money, with many small business owners put off by the complexity of the energy market.

We understand that finding the best deal can be time-consuming and complicated – the energy markets are ever-changing, with prices affected by everything from the weather to political events. Our energy experts track electricity and gas prices daily, so we can find you the most competitive deal. The results speak for themselves - we save SMEs an average of £500 on their renewal quotes.  

*Ofgem Micro and Small Business Engagement Survey 2018Micro and small businesses that haven’t switched supplier or tariff in past 12 months.

To give your business utilities a refresh, get in touch with Inspired Energy plc. Call 01772 689 250, email partnerships@inspiredenergy.co.uk or visit www.inspired-referral.co.uk

 

Leave a comment

Know where your cloud data is stored or risk a GDPR fine

Thu 27th, Feb

For businesses who have chosen cloud-based data hosting services there’s a temptation to relax and think “great, we’re paying someone else to take care of our data, we don’t need to worry about it any more.”

Transparency plans could slow down region’s business growth

Thu 27th, Feb

Efforts by regional start-up initiatives that have led to Merseyside outperforming the rest of the UK when it comes to business growth could be hampered by new government proposals, a leading legal expert has claimed.

Backup or risk losing your business

Thu 13th, Feb

Maintaining a robust backup is hard work, it’s important to not only build the correct solution for your business and trust your IT support provider to look after it, but to also maintain a sense of urgency as a business owner to...

Information Destruction and Compliant Data Handling in the Education Sector

Thu 13th, Feb

Identity theft costs the UK economy £5.4 billion and a recent BSIA report showed 169,592 cases of identity fraud, representing an increase of 49% over the previous year.

Give Your Business Utilities a Refresh for 2020

Mon 20th, Jan

January is a time for reflection for most people and this includes business owners, with the new year bringing with it an opportunity to take stock of performance during the past 12 months, create goals for the year ahead, and ensure...

The Inspired Energy Journey: Building a Business to Meet Diverse Needs

Mon 20th, Jan

Since its inception back in 2000, Inspired Energy has been working tirelessly to build the most complete utilities management solution available – a solution that can meet the diverse needs of businesses of all sizes and across all sectors.

What did the Millennium Bug teach us about cybersecurity?

Thu 09th, Jan

It’s hard to believe that two decades have passed - but 20 years ago the world was celebrating a momentous non-event. We remember it well!

Why Should You Check Your Business Energy Bills?

Wed 18th, Dec

Business energy bills are complex, there’s no doubt about that. With a widening range of non-commodity costs now taking up a majority share of the invoice, it can be be both confusing and time consuming to effectively recognise whether your...

Green Energy – Going Green Doesn’t Have to Cost the Earth

Wed 18th, Dec

In the third quarter of 2019, electricity generated in the UK via renewable energy sources surpassed electricity derived from fossil fuels for the first time.