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
A Beginner’s Guide To Understanding Fixed And Variable Energy Contracts
When searching for the right supplier of your business energy, you’re going to come across a lot of terms and plans that may be unfamiliar to you. Whilst the terminology might differ slightly depending on the supplier; generally, energy plans and contracts fall into two distinct categories: fixed and variable
Rising Fuel Costs Could See Prices Double At Fuel Pumps
Fuel Costs Skyrocket As War In Ukraine Continues This week motorists have been warned that the cost of their bills could almost double as the cost of diesel hits record prices because of the current war in Ukraine. A House of Commons Treasury Committee heard that fuel prices will continue to skyrocket,
Business Energy Prices are Set to Rise by At Least 40% This Year
Electricity prices Up 300% Causing irreversible Change Global gas and electricity prices have experienced an unprecedented increase since the middle of last year. The wholesale price of electricity alone has risen by 300%. The crisis has left many fearing for their business, unable to cope with the rise of business energy
Climate Change Threatens the Future of Hadrian’s Wall
Hadrian’s Wall Faces A New Threat Archaeologists at Hadrian’s Wall in Northumberland say global warming could soon ruin undiscovered Roman artefacts. Dating back 1900 years, Hadrian’s Wall was built to keep out barbarians. However, over a thousand years later Hadrian’s wall faces a new threat, climate change. The 73-mile-long wall is
The Benefits of Using a One-Stop Shop
Using a One-Stop-Shop At Reduce My Costs, we don’t think a business should settle for mediocre service packages. That’s why we provide you with a one-stop-shop for all your business needs. Organising your business’s operational costs is one of the most time consuming but necessary tasks for a business. We
What Is The Climate Change Levy?
The Climate Change Levy The Climate Change Levy (CCL) is an environmental tax and relief scheme run by the British Government to encourage businesses to operate in an environmentally sustainable way. The CCL was first introduced by the British government in April 2001. What is the CCL? The Government Levy
Vodafone To Switch Off 3G Network by 2023
After 17 years, Vodafone calls time on the 3G network. Vodafone has announced that it will retire its 3G legacy network in 2023 in a bid to improve its existing 4G and 5G networks across the UK. The announcement comes 17 years after the original 3G network was installed, providing
Everything You Need To Know About PCI Compliance
What is PCI Compliance? The Payment Card Industry Data Security Standard (PCI DSS), introduced in 2006, is a set of requirements that ensure that all companies that process, store, and transmit credit card information maintain a secure environment. Each year businesses across the UK are sent the PCI DSS
What are Business Utilities?
Utility Bills With the current energy crisis in full swing understanding your utilities is paramount to stay on top of your bills. Indeed, understanding your utility bills will help you track your outgoings and may help you see if you’re paying too much. What are Utilities? Utilities are the basic
What You Need To Know About Commercial Water Deregulation
What is water deregulation? In 2017, the UK government created the largest competitive water market in the world, with over 1.2 million business customers free to choose their water supplier for the first time. A deregulated water market can help deliver lower bills by letting business openers shop around for their
