Funding Options Blog
Home of our blog articles on topics that will inform and educate entrepreneurs on topics such as lending, green finance, tax and financial matters.
Funding to reduce business energy costs
When it comes to reducing your business emissions and saving money on bills, there are several greener finance options that could help. As SMEs make up 25% of the UK’s emissions, it’s important for smaller business owners to make changes to their energy consumptions. Our blog explores some of the types of funding available to help reduce energy costs for good.
2 Sept 2021
What are the benefits of business energy audits?
With the cost of energy at an all-time high and an accelerating drive to net zero, it's never been more crucial for businesses to understand their energy consumption. One of the best ways to map your business' energy consumption is by conducting an energy audit. Let's take a look at how the process works and its benefits.
8 Aug 2022
How can a factory reduce its energy consumption?
With energy prices continuing to rise, factory owners consider undertaking a comprehensive energy audit to understand where, how and when to make the critical changes necessary to reduce their energy consumption.
29 Jun 2022
Business electricity and gas standing charges explained
Comparing your energy standing charge to other suppliers should be part of your continual energy cost audit. If you know all the charging elements that make up your bill, you’re empowered to make informed decisions. In this article, we’ll cover all aspects of your standing charge, including what it stands for, how to interpret it and how to judge if it’s a fair rate levied on your monthly or quarterly bill.
25 Jan 2022
Understanding your business energy bills
Depending on the sector you work in, your business energy costs could be one of the highest cost variable overheads you pay. If you’re an energy-intensive business, you need to examine your current bill and begin to compare other suppliers to make sure you’re on the best tariffs and get the best value on the market. You can’t assume all suppliers are the same because the competition from suppliers and billing companies is vast. You should set aside time to investigate your options with your current supplier and then compare them with other suppliers. Business energy bills aren’t as simple as your domestic bill. There’s a lot more detail in a commercial invoice for energy so let’s examine the items and elements in your invoice to help you make informed decisions about your current deal.
27 Jan 2022
How can I reduce energy consumption at my workplace?
Reducing energy consumption and costs in the workplace are hot topics amongst business owners and colleagues. Not just because of our green credentials, bills are also set to rise this year due to energy prices rising on international finance markets. Energy use has come into sharp focus lately as we’ve realised even minor adjustments can have a massive impact on lowering energy waste. Turning down the heating by one degree, turning off lights, using low energy bulbs, using dimmer switches, opening windows rather than relying on air conditioning are just some of the minor adjustments we can make that cause significant reductions. Today would be the ideal time to begin an energy audit for your business or in your place of work to see what cash and energy savings are possible.
20 Jan 2022
10 Energy savings tips for small businesses
Saving on energy bills as a small business can be critical for your success. Depending on the type of business you are in, energy costs can be a significant expense, and as an overhead, energy costs can become a survive or thrive issue. Not only do you need to choose your supplier with care, but you also need to reduce your energy consumption by conducting an energy audit.
12 Dec 2021
How SMEs can improve their energy efficiency to save money
With the energy price cap rising and gas prices at a record high, saving money on energy has risen to the top of the agenda for many UK firms. So how can SMEs reduce the amount of energy they use to save money, and is now the right time to switch energy suppliers?
19 Nov 2021
Business energy myth buster – 3 myths debunked
With wholesale energy prices at a high and firms fearing an uncertain winter, now could be a good time to explore business energy deals. In this article, we debunk some of the common myths around switching energy suppliers.
19 Oct 2021
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