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.
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
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
