SMEs spend a lot of time controlling costs and securing funding. According to research from Opus Energy, 40% of SMEs say that costs are one of the biggest challenges they face. The Federation of Small Businesses (FSB) revealed that a significant amount of small businesses (71%) reported an increase in their operating costs in 2017, for example, utility costs have risen by 24% since 2016. FSB also noted that rising fuel and energy prices were adding to the already escalating operating costs.
Understanding the energy markets can be time-consuming, and it’s often difficult to know exactly what the best deal is, or in which areas you can save the most money. Schools have tight budgets to stick to and procuring energy at rates to match that is a tricky business. At ESS, we tender for the most competitive prices to ensure that you never overpay for your energy. This will save you time, benefit your bank balance, and allow you to invest more in other important resources.
The care sector is widely reported to be under pressure as local authority funding dwindles and demand increases. Energy consumption cannot usually be reduced where vulnerable residents are concerned, so it’s all the more important that your utility contracts are competitive and invoices are constantly accurate. Heavy-duty and 24/7 demand for energy and water in care homes means that the most effective way to cut costs and reduce utility bills is to decrease consumption. While this is far from ideal, a potential benefit is that your care home’s carbon emissions are then also reduced.
Energy costs are the second biggest budget item after staff costs in a typical sports centre, according to Carbon Trust. They can account for as much as 30% of the total operating costs, which is a significantly higher figure than in other sectors. Reducing energy use within sports and leisure facilities makes perfect business sense as it saves money, enhances corporate reputation and helps everyone in the fight against climate change.