Concern of energy costs for small businesses

Article posted

14th Jun 2024

Read time

4-7 min read

Author

Mollie Pinnington

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In recent years, rising energy costs have become a significant concern for small businesses across various industries. As overheads increase, the impact on profitability and sustainability can be profound. According to a recent survey, more than half of small businesses express serious apprehension about escalating energy bills, which are squeezing their margins and hindering growth opportunities.

In this context, the role of energy consultants, such as Resolve Energy, becomes crucial in helping these businesses navigate the complexities of energy management and optimisation.

The Burden of Rising Energy Costs

Energy costs have been on an upward trajectory due to a variety of factors including global market fluctuations, increased demand, and regulatory changes.

For small businesses, which often operate on tight budgets and thin profit margins, even a slight increase in energy prices can have a significant impact. The fear of rising energy costs is not unfounded:

 

Operational Expenses

 Energy is a major operational expense for many small businesses. Whether it's running machinery, heating and cooling premises, or powering essential technology, energy costs are an unavoidable part of daily operations.

 

Profit Margins

 Higher energy costs directly reduce profit margins. For businesses already dealing with competitive pricing pressures, absorbing these additional costs can be challenging.

  

Budget Uncertainty

 Unpredictable energy prices make budgeting difficult. Businesses struggle to forecast expenses accurately, which can disrupt financial planning and strategy.

 

The Role of Energy Consultants

Given these challenges, energy consultants like us at Resolve Energy provide valuable support to small businesses. We offer expertise in energy management, helping businesses to optimise their energy use and reduce costs. Here are several ways in which we can benefit small businesses:

 

Energy Audits

 Our team of energy consultants conduct thorough audits to understand a business's energy consumption patterns. They identify inefficiencies and areas where energy usage can be reduced without compromising operations.

 

Negotiating energy contracts

 Our team have the expertise to negotiate better energy contracts on behalf of businesses. They understand the market dynamics and can secure more favourable terms, potentially saving businesses a significant amount of money over time.

 

Monitoring and reporting

Ongoing monitoring and reporting services ensure that businesses continue to manage their energy consumption effectively. We provide insights and updates, helping businesses stay on track with their energy costs

 

Why Choose Resolve Energy?

 

Resolve Energy is dedicated to helping small businesses overcome their energy challenges. Here’s why partnering with Resolve Energy can be a game-changer:

 

Experience and Expertise

 With years of experience in the energy sector, we bring deep industry knowledge and expertise to the table. Our  team is adept at identifying and implementing the best solutions for each client.

 

Customised Solutions

 Resolve Energy understands that each business is unique. We offer customised solutions tailored to the specific needs and circumstances of each client, ensuring maximum impact and cost savings.

 

Comprehensive Services

 From energy audits to contract negotiations, we provide a full suite of services designed to address every aspect of energy management. This comprehensive approach ensures that no stone is left unturned in the quest to reduce energy costs.

 

Proven Track Record

 The success stories of our clients speak volumes about our team’s capabilities. Many small businesses have benefited from significant cost reductions and improved energy efficiency thanks to our interventions.

 

Rising energy costs are a pressing concern for small businesses, threatening their profitability and long-term viability. However, with the assistance of energy consultants like Resolve Energy, businesses can take control of their energy expenses.

By conducting audits, recommending cost-saving measures, negotiating better contracts, and promoting sustainability, Resolve Energy helps small businesses not only survive but thrive in an environment of fluctuating energy prices.

For small business owners grappling with rising energy costs, now is the time to consider partnering with an energy consultant. The potential savings and operational efficiencies gained can provide a much-needed competitive edge, ensuring business stability and growth in the face of ongoing energy challenges.

If you're looking to save money on your energy bills then why not get in touch today? The relationships Resolve Energy has developed with over 24 of the UK’s biggest business energy suppliers allows our energy experts to source the best business energy rates available for your company right when you need them. Request a free quote today and start saving money on your energy.

Looking to pay less on your energy bills?

Get a free quote today