Total Gas & Power
Total Gas & Power is a business energy supplier, wholly owned by Total SA. It has been a leading business ...Read More
SMEs are losing out on substantial savings, despite wanting to become energy efficient.
The vast majority of small businesses (90%) want to be energy efficient and see the direct benefits of energy efficiency (86%), according to recent research from the Federation of Small Businesses (FSB). The majority think energy efficiency is important for saving money (78%), protecting the environment (70%) and increasing profits (67%).
While the research shows that many small businesses have started to take steps to become more efficient, there is a yawning gap between desire and action: a lack of information, funding and/or motivation means too many do little or nothing.
Improvements to the energy efficiency of the business have been made by 58%, with most widely reported measures the installation of more efficient lights, lamps and bulbs (40%); switching off/ turning down energy using devices (23%) and improving insulation (23%).
Still, many companies are making little more than token changes to their operations. The main issues preventing small businesses becoming more energy efficient are leased/rented premises (45%) and lack of concern around energy costs (45%). Many also cite access to finance and available capital.
Apart from costs, the two key things that small businesses said would encourage energy efficiency were enhanced tax relief (61%) and environmental protection (56%).
Small businesses require a fairly quick return on their energy efficiency investment. Most small businesses surveyed (55%) require a return on their investment within two years. Over a third (39%) would require a return on their investment within one year.
As we have previously explained, smart meters are critical for helping small firms understand and take control of their energy use, and reduce costs. Energy companies must roll out smart meters for all homes and small businesses by 2019.
The real-time business energy consumption information smart meters provide offers far more granular insight into business energy usage and draw attention to the cost of different appliances.
This knowledge can act as an important motivation to reduce costs by increasing business energy efficiency.
The FSB argues that the Government must do more to incentivise and support small and micro businesses to use energy more efficiently. At SwitchMyBusiness.com we agree and have previously campaigned for better regulation to help SMEs. But we understand that time poor SME owner-managers may be able to save more money more quickly.
The Department of Energy and Climate Change (DECC) estimate that the average SME could reduce its energy bill by 18–25% by installing energy efficiency measures. Our average customer saves 26% on energy with a call that takes just 20 minutes. Give us a call on 0330 0100 251 (or request a call back using our form) now.
Our dedicated page has lots more information about business electricity.
Renewel for electricity
"Spoke to Bhavni at SwitchMyBusiness to see if I could get a better deal on my shop electricity. She was very helpful and got me a better deal for my premises. Highly recommended in all departments. Thanks again, Glen"This review was posted by Glen Thomas on the 21st of February 2018
Jess Purnell was very helpful
"Jess Purnell was very helpful, found great prices and offered to sort the documents for cancellation with my existing supplier."This review was posted by Elizabeth Hay on the 21st of February 2018
Thank you Bhavni for all your help
"Delighted to have come across SwitchMyBusiness yesterday. Bhavni was a delight to deal with and made the whole process very easy for us to renew with our current supplier at a cheaper rate than they had offered us. Refreshing to deal with a company that are not pushy or just talk at you! Thank you Bhavni for all your help. Alison Dairy at Daviot"This review was posted by Alison on the 21st of February 2018
thank you nicole for your kind help to…
"thank you nicole for your kind help to set up my business electric account fantastic service and your personal touch thank you"This review was posted by Sam Raju on the 19th of February 2018
Aaron Gallagher recently helped me…
"Aaron Gallagher recently helped me switch the gas and electricity supply for our business. He was extremely helpful and well informed which was great for me as I know nothing in this area! He saved us a small fortune and dealt with all of the switch for us which again was extremely helpful as it wasn't completely straightforward. Thanks again for you help Aaron, it was so appreciated."This review was posted by Rachel on the 17th of February 2018