A Brief Guide to Business Energy Efficiency
Business Energy Suppliers compete for market share and as such have to be very careful in their approach to energy tariffs. The price of business electricity (also known as business energy) is regulated by a variety of factors, including the need to protect the environment and reduce fuel bills. The cost of the electricity that a company sells to its customers also depends on whether the customer buys it from a local supplier or a supplier that is registered outside the UK. If you purchase your electricity from an offshore supplier, you will be charged an “impostor premium”, which can often make purchasing electricity from that supplier more expensive than buying from another company that is registered within the UK. However, these costs can often be reduced by ensuring that your supplier is subject to the same commercial rates as registered UK companies.
A brief look at some of the key factors that affect the price of electricity
reveals that they can vary quite significantly from one supplier to another. For example, gas and electricity suppliers often charge different tariffs for the same “base” units – the unit that supplies the whole household with electricity. The size of a household, its age, and the average use of household appliances also affect how much the customer is charged for his or her electricity. Other factors that can affect the price of gas and electricity include how many plug sockets you use, the number of lights in your home, and the number of light bulbs in your home.
If a customer purchases a certain amount of gas and electricity
from a supplier, they will usually receive a discount, which is called a “bundle” discount. To qualify for a good bundle discount, customers usually need to buy both types of fuel from the same supplier. However, sometimes different providers will offer different bundles. Another way in which a customer may be able to reduce the price of his or her gas and electricity bills is to install efficient, energy-efficient (HiFi) lighting and appliances. Heating costs are also reduced through the use of these efficient devices.
It is important to find out exactly what your current gas
and electricity bills look like, so you can decide on how much work you need to do to lower your bills. If you have a gas and electricity package, the British Gas website can help you to identify any anomalies in your bill. They will advise if your provider has made any changes that could be affecting your bill. For example, it may be that you are paying too much for gas and not enough for electricity. A comparison between your gas and electricity bills with those of a friend or family member can reveal any discrepancies that could be giving you a bigger bill than you need to pay.
An Energy Performance Certificate (EPC)
is a vital requirement if you want to buy, lease or install new equipment in your home or office. If you install equipment or acquire supplies that are not deemed to be efficient, you could be liable to a fine. It is also possible to claim back any costs over some time, as long as your provider can prove that you are not entitled to the repayments. If you have an older property, you may also qualify for a discount on your annual return.
A further aspect to business energy efficiency
is to try to improve the general condition of your building and property. This may involve repairing leaky windows or ensuring that the floorboards are sufficiently flat. You should also consider improving the ventilation in your premises, with the correct filters, to improve the quality of air inside your building. A guide to business energy efficiency can help you achieve all these improvements, saving you money and helping the environment.