5 Reasons Your Business Might Be Paying Too Much For Energy

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If you have found your business energy bill to be higher than usual, then there could be several reasons for the increase. There are steps that you can take to help reduce the energy bill and ensure that you paying for what you use only.

To help you understand the reasons for a higher business energy bill, here are some of the contributing factors that you should take a look at.


An Estimated Energy Bill

It’s a good idea to regularly check and read your electricity and gas meter to ensure that the readings are accurate. Reading your meter at least every three months can help ensure that you are only paying for what you use. Reading your meter every month would be the best option. If you don’t read your energy meter and tell your supplier what you have used, then you could be paying more for what you use.

On the rare occasion, you might even be given an incorrect meter reading. Although digital meters are generally easier to read, it can be possible to make a mistake.


Meter Problems

If you have experienced meter problems then this could also contribute to a higher energy bill than usual. Faulty meters may not accurately measure the amount of electricity or gas that you have used and therefore, you could be paying too much or too little. If you do experience a fault, then your energy supplier should offer to test your meter for you. However, different companies may have a charge for testing your meter, so it’s important to check beforehand.

Another problem that could occur is if your account has been linked to someone else’s meter. This is most likely to happen after you switch your business energy supplier, but it may also happen when a new property or premise is built near your location.


Energy Efficiency In The Business

Within the business itself, there are numerous sources of energy usage whether it’s to power the lights, the heating, the ventilation, office equipment, or even appliances. One of the biggest chunks of electricity goes towards the day-to-day running of your business and you should see if you are using the energy as efficiently as possible.

Taking a look at the necessities such as the lights, you may want to consider switching to energy efficient bulbs if you haven’t already. Energy efficient light bulbs use approximately 80% less energy than the traditional incandescent bulbs. As for the heating, you may want to check if the premise has been properly insulated to reduce drafts. You may even need to replace old doors and old windows to maximise energy efficiency. The heating unit itself can also be set to automatically operate within specific hours to reduce the amount of energy used.

Another culprit for an increased energy bill could be the amount of office equipment, appliances, or devices that are left on standby or left on. Remembering to switch off all devices at the end of the working day can help save electricity which will contribute to a lower overall bill.


Peak Energy Consumption

For businesses with variable-rate contracts, if your business has periods of particularly high energy demands, then you may want to consider the time of the day in which you use energy-intensive equipment or devices. Depending on the time of day, the prices of energy may fluctuate depending on demand. Generally, the peak hours of energy consumption happen during the day and into the early evening. Some energy suppliers may charge customers various rates depending on the time of day.


Business Energy Comparison

If your business hasn’t switched energy suppliers in a long time, then it might be worth comparing new business energy plans to see if your business could be making a saving. It’s always a good idea to compare business energy contracts every year to ensure that you are not overpaying on your bills. To learn more about comparing business energy deals, you can read the business benefits of switching your energy supplier here.


Compare Business Energy Online

If you’re looking for a new business energy contract or simply want to compare business energy deals online, then please fill out the business energy comparison form and leave it to our saving experts to find the most favourable deal for your business. In the meantime, if you have any questions or if you are unsure of what you are looking for, then please don’t hesitate to contact us.

Call us on 02476 997 901 or you can email us at quote@comparenergyonline.co.uk.


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