Blog Archive
Below is an archive featuring all our blogs in descending order of release. To see our most recent blogs and blog categories, please use our main Blog page.
Baking A Difference: Wear It Pink For Breast Cancer Now 2025
October at Reduce My Costs is always special. Each year, our team proudly takes part in Wear It Pink to raise awareness and vital funds for Breast Cancer Now. This year was no exception — and what a day it turned out to be! Why Breast Cancer Awareness Matters Breast
Tomato Energy Has Gone Into Administration — Here’s What You Need to Know
Tomato Energy has gone into administration. The company can’t continue trading as normal, and its future as a licensed energy supplier is effectively over. For residential and commercial customers, that means change is coming. The good news is that Ofgem has systems in place to make sure no one loses
Autumn Budget: What SMEs Should Be Thinking About
The Autumn Budget is just around the corner, and while no one knows exactly what the Chancellor has up their sleeve, it’s a good time for small and medium-sized businesses to take stock. Budgets can bring changes to taxes, employment rules, or even energy costs – and being prepared now
Net Zero By 2050: Can The UK Reach 100% Clean Energy?
The UK has long set its sights on leading the world in clean energy. With a legally binding commitment to reach net zero carbon emissions by 2050, the transition away from fossil fuels has become a cornerstone of policy, investment, and public support. But with growing energy demands and rising
Why Your Energy Bills Are Going Up: The Network Charge Explained
Thought energy prices were finally starting to settle? Many UK businesses breathed a sigh of relief when Ofgem announced the energy price cap would fall this summer. But there’s more to your bill than just the wholesale cost of electricity or gas. From 2026, the network charges (the fees for
Guiding a Customer Through a Supplier Billing Dispute
A valued customer of ours got in touch to inform us of a billing issue dispute with their previous supplier. See how we helped them…
Helping a Customer Get Their New Energy Contract on Track
When a customer reached out to us about their new energy contract, it had just gone live – but things weren’t going as smoothly as they’d hoped…
There’s No Energy Price Cap for Businesses – But There Is a Solution
Understanding the Energy Price Cap While households across the UK benefit from the protection of an energy price cap, businesses are left to navigate a very different landscape. Without a price cap to safeguard them, businesses are exposed to market fluctuations and the risk of inflated energy bills. At Reduce
50% Funding Available for North East Businesses
If you run a small or medium-sized business in Newcastle, Northumberland, or North Tyneside, there’s a fantastic opportunity available right now – and it’s designed with you in mind. Eligible SMEs in the region can claim 50% match-funding to help upgrade their digital capabilities. Whether you’re looking to refresh your website,
How Do I Know If I Need An Additional Bin?
Overflowing waste? Overweight charges? Here’s how to tell when it’s time for an additional bin — and why it could save you money, time, and stress. Inadequate bin capacity doesn’t just cause inconvenience — it leads to compliance risks, extra costs, reputational damage, and missed sustainability goals.Frequent overweight fees can
What Most Businesses Get Wrong About Solar
There’s something about solar energy that seems to split opinion. Some businesses think it’s a no-brainer, others assume it’s too expensive, too complicated, or just not worth the effort. The truth, as usual, sits somewhere in the middle. We speak to businesses every day that are curious about solar but
What are Out of Contract Energy Rates, and How to Avoid Them
If you’ve ever come to the end of an energy contract and thought, “I’ll sort that later,” you’re not alone. It’s an easy thing to push down the to-do list. But leaving your business on out of contract rates can quietly eat into your profits and cost you more than
Are You Overpaying For Waste Management?
Waste management is one of those business services that often runs quietly in the background. As long as the bins are emptied on time and everything stays tidy, it’s easy to assume your waste setup is working just fine. However, many businesses across the UK are unknowingly paying far more
Why Letting Contracts Auto-Renew Can Cost SMEs Thousands
For many SMEs, contracts are something you set up once and then move on from. Energy, waste, telecoms, water—once everything is in place, it fades into the background while you focus on running your business. But that “set and forget” approach is exactly where costs can start to creep
Can SMEs Benefit From Renewables Without Big Upfront Costs?
Renewable energy can sound like a “big business” move, but it doesn’t have to be. For lots of small businesses, the main worry isn’t the idea of going greener — it’s the upfront cost. Solar panels, EV chargers and new heating systems can feel like major investments when cash flow
Merchant Services for the Retail Sector
In the fast-paced world of retail, speed, reliability, and customer experience are everything. That’s why having the right merchant services partner isn’t just a nice-to-have – it’s essential. At Reduce My Costs (RMC), we offer tailored payment solutions designed specifically for the retail sector, helping you streamline operations, improve customer
Why Business Broadband Isn’t the Same as Home Broadband
It’s easy to assume broadband is broadband. After all, it’s just Wi-Fi… right? Not quite. While home and business broadband might look similar on the surface, they’re built for completely different environments. And if you’re running a business on a residential package, you could be leaving yourself open to downtime, slow performance and
Revolut Finally Gets Its UK Banking Licence – Here’s What It Means
After years of waiting, our partner, Revolut has officially secured its full UK banking licence, marking a major milestone for one of the world’s most well-known fintech companies. The licence was granted by the Bank of England’s Prudential Regulation Authority (PRA), allowing Revolut to operate as a fully authorised bank
Effective Waste Solutions for the Hospitality Sector
In the world of hospitality, presentation, cleanliness, and efficiency aren’t optional. Whether you’re running a restaurant, hotel, pub, or café, waste can pile up fast – and managing it properly isn’t just about staying compliant. It’s about protecting your reputation, saving money, and running a more sustainable operation.At Reduce My
Energy Prices Are Climbing Due To Geopolitical Tensions
If you’re reviewing your energy contract or planning ahead for renewal, you may already be seeing prices shift. Wholesale markets have moved sharply this week, and that movement is beginning to filter into supplier pricing. Periods like this can create uncertainty — but understanding what’s happening behind the scenes makes
