Businesses Worried About the Increase in Energy Bills

Many businesses are concerned that they are spending too much money on their energy bills, according to a recent study.  The findings, conducted by OnePoll have revealed that UK firms are worried about the financial impact energy bills are having on their overall expenditure. With the rise in energy prices, it’s even more important that businesses are accounting for these costings by ensuring that measures are taken to reduce energy bills.

The survey questioned over 500 businesses across the UK and discovered that although 51% of business owners are worried about this, less than 20% had the management in place to monitor these energy costs. Many companies turned to their office manager, security or reception staff to monitor this, but experts are claiming that a financial team is needed to monitor and track all electricity usage to ensure that the maximum amount of energy is saved.

Julian Morgan, Managing Director of the Energy Advice Line, said, “With energy now a significant item of operational expenditure, firms needed to treat electricity and gas like any other essential business supply,” as reported online at egovmonitor.com

In the same way that homeowners hunt around for the best price comparison on their gas and electricity, it is important for businesses to check the prices that competitors are offering as some companies may be able to offer a substantial discount.