What's The Average Business Energy Bill?
So we've established the approximate energy usage and how much energy costs for different business sizes, but what does that mean financially for your business? Let's break down how much you should expect to pay for your annual energy.
- For micro-sized businesses, your total bill should fall between £1,200 and £2,300 per year for both gas and electricity.
- For small businesses, expect your combined gas and electricity bills to fall between £2,900 and £3,900 per year.
- Medium-sized businesses can expect their bill to fall between £4,800 and £6,700 per year.
- Large businesses should anticipate their bill for gas and electricity to be around £12,000 per year.
If you feel you are spending too much on your energy bills, it may be worthwhile to consider comparing business energy prices through our website so that you don't miss out on a better deal.
How To Cut Your Business Energy Bills
Fortunately, if you feel your business's energy is costing you too much, there are ways you can reduce the price of your energy bills. Also in the process, your business can become more energy-efficient and can cut unnecessary energy consumption along the way.
Improve energy efficiency
There are simple day-to-day practices and energy efficiency measures you can introduce to cut your business energy usage without having to spend a fortune.
However, you may find it useful to invest in a smart meter to give you accurate readings and allow you to see where energy may be being wasted in the workplace. Plus, this is useful if you don't regularly check your meter readings and want to stop wasting time on manual readings.
The easiest way to cut your electricity and gas costs is to turn off lighting, electrical appliances and equipment when they are not in use.
You should also try to use energy-efficient light bulbs such as LEDs to cut the cost of illuminating your workspaces. LEDs use at least 75% less energy compared to their incandescent counterparts, and they last approximately 50 times longer. They serve as an easy win and an effortless change to make in the workplace.
Also, try to avoid wasting heat by stop keeping air conditioners and radiators on longer than they're needed to be. That's not to say to leave your employees scorching in the summer or freezing in the winter, but try to be more conscious of wasted heat. Even moving obstructive furniture out of the way of these appliances can be more efficient so that they can radiate across the room easier.
Introducing these simple switches and adjustments to your workspace can improve your energy efficiency and also make an impact on your energy bills.
Switch business energy suppliers
If the primary reason behind why you want to cut your energy consumption is that you feel you are paying too much, it may be worthwhile to run an energy price comparison check.
In this case, consider switching energy suppliers as you may be able to pay less this way by changing to a cheaper tariff. Switching energy suppliers is straightforward and is by far the quickest way to cut the costs of your business energy and subsequently save yourself some money.
If you would like to compare business energy suppliers in less than 60 seconds, please visit our tool here to find the most suitable energy deal for your business.