Energy Solutions That Empower Your Business.

Our unique approach aims to create energy solutions that reduce expenditure, control consumption and improve sustainability.

Finding the right energy solution can be time-consuming, and many businesses opt for quick, hassle-free options, often leading to costly contracts. With energy being a significant overhead, this approach can result in higher expenses and limited flexibility. At Reduce My Costs, we believe businesses shouldn’t have to choose between value and convenience – that’s why our expert team works closely with you to find the most suitable energy solution for your needs. Through our vast industry knowledge and strong relationships with major UK suppliers, we provide a thorough, tailored review to help businesses of all sizes secure competitive energy deals.

Some Of Our Suppliers Include:

Energy Procurement

Energy procurement, in simple terms, refers to the process of acquiring the necessary energy resources for your business. It plays a vital role in business operations and can have a huge impact on your bottom line, therefore you want to make sure you’re paired with the right partner when procuring your energy. Whether your objective is budget certainty, price optimisation or both, our experienced team have connections with the UK’s leading suppliers, helping you to compare energy prices and find competitive rates for your business. Start the process by contacting Reduce My Costs today and find out what you could be saving!

Energy Management

Energy management is all about using less and saving more. We help businesses cut costs and improve efficiency with site audits which pinpoint energy waste and inefficiencies, highlight savings, and keep you compliant. Our smart controls and IoT solutions put you in control, automating energy use to reduce waste and lower bills. Plus, with implementing renewable projects like Solar PV, LEDs and CHP, we can help you generate low-cost electricity. Ready to start managing your energy? Get in touch today!

Green & Renewable Energy

Clean renewable energy comes from zero-carbon sources – wind turbines, solar panels and other technologies such as biogen or hydropower.

Energy Strategy

An energy strategy is a comprehensive plan to manage resources efficiently, optimise consumption, and reduce costs while considering environmental impact. It involves energy procurement and management, balancing risk through flexible buying or fixed contracts based on business needs. Our team collaborates with businesses of all sizes to develop effective strategies – contact us to learn more and see how you can optimise your strategy for greater savings and efficiency!

SME Flex Basket

SMEs often face challenges in negotiating energy prices, due to their smaller size and lower buying power. Our SME Flex Basket gives small to medium organisations the opportunity to access a wider range of competitive prices on the market, empowering them to optimise their energy consumption and expenditure.

Cost Savings

Flex Basket contracts benefit from a higher degree of predictability compared to real-time or on-the-spot contracts. The prices are generally lower, meaning you can benefit from cost savings.

Account Management

The energy market can be confusing, especially when tracking it alongside daily operations. Your dedicated Account Manager will monitor the market on your behalf and keep you up-to-date with monthly reports.

Flexibility

SME Flex Basket contracts provide a way to manage the risks associated with energy price volatility. By allowing adjustments to commitments on a relatively short notice, it can be easier to mitigate potential financial risks.

Energy FAQs

What is off-peak energy usage?

Off-peak hours are times when electricity demand is lower, usually overnight or on weekends. Some tariffs offer lower rates during these periods.

Can I choose my energy supplier?

Yes, we will gather the prices from our energy suppliers and provide all the options for you to choose the deal that works best for you. We will advise you on the best package and price.

What’s a smart meter?

A smart meter is a digital device that automatically records your utility usage and sends the data to your supplier, helping you manage consumption more accurately.

Can I switch energy suppliers right now?

Yes, you can switch if you’re not tied into an exit-fee contract. That said, the market has been a bit up and down lately, so sometimes there aren’t many good deals out there. We always suggest checking regularly – when things open up again, there could be better rates. We can do this for you and make sure you get a competitive rate!

I don’t know my annual consumption, what do I do?

You can either contact your current supplier, or you can estimate your consumption by calculating the consumption shown on your last invoice. Alternatively, we can find this information out using a Letter of Authority (LOA).

What is a Letter Of Authority (LOA)?

A Letter of Authority (LOA) is a letter that you sign that gives your current supplier permission to share your meter and supply data with us. These are useful for when you cannot find a copy of your most recent bill.

What is the Ofgem price cap?

The Ofgem price cap limits how much energy suppliers can charge per unit of gas and electricity for customers on standard variable tariffs. It’s reviewed every three months and aims to protect households from unfair prices, but your total bill still depends on how much energy you use.

Are there any government schemes to help with energy costs?

Yes! There are several, including the Warm Home Discount, Winter Fuel Payment, and Energy Bills Support Scheme (though some were temporary). It’s worth checking with your supplier or GOV.UK to see if you qualify for any current help.

Energy Solutions That Empower Your Business.

Our unique approach aims to create energy solutions that reduce expenditure, control consumption and improve sustainability.

Energy

Renewables

Water

Telecoms

Payments

Web Design

Finance

Waste