Reduce My Business Energy Costs
Our approach is all about helping SMEs lower energy costs, keep a closer eye on usage, and make their business more sustainable.
Finding the right energy solution can take time — and when you’re busy running your business, it’s easy to choose the quickest option just to tick it off the list. But quick decisions can often mean higher costs and less flexibility.
With energy being one of your biggest overheads, you deserve better than a rushed decision.
At Reduce My Costs, we make energy procurement simple, strategic, and stress-free. We compare suppliers, negotiate competitive rates, and manage the entire process from start to finish — all with your business goals in mind.
You’ll get a tailored review, expert guidance, and access to trusted UK suppliers, without the endless back-and-forth. Just clear advice, competitive options, and real savings.
Energy sorted. Costs reduced. One less thing for you to worry about.
Some Of Our Suppliers Include:
Energy Procurement
Energy procurement is simply the process of securing the energy your business needs to operate. It’s a key part of your day-to-day costs — and the decisions you make here can have a real impact on your bottom line.
That’s why choosing the right partner matters.
Whether you’re looking for budget certainty, price optimisation, or a balance of both, our experienced team is here to help. With strong relationships across the UK’s leading energy suppliers, we compare options, negotiate competitive rates, and guide you through the entire process.
Clear advice. Competitive prices. No unnecessary stress.
Ready to see what you could be saving? Get in touch with Reduce My Costs and let’s get started.
Energy Management
Energy management is all about using less and saving more. At Reduce My Costs, we help businesses cut energy spend, boost efficiency, and stay compliant — without the hassle.
We help businesses reduce costs and improve efficiency through detailed site audits that identify energy waste, uncover savings opportunities, and ensure you stay compliant. No guesswork — just clear insights and practical improvements.
Our smart controls and IoT solutions give you greater visibility and control, automating energy usage to cut waste and lower bills. And when you’re ready to think bigger, we can support renewable projects such as Solar PV, LED upgrades, and CHP systems — helping you generate reliable, lower-cost electricity.
Energy Strategy
An energy strategy is all about helping your business run smarter (and spend less while you’re at it). It’s a clear plan for managing how you buy and use energy, cutting waste, improving efficiency, and keeping costs under control — without losing sight of environmental impact.
From energy procurement to ongoing management, we’ll help you choose the right approach for your business. Whether that’s flexible buying, fixed contracts, or a mix of both, we’ll build a strategy that balances cost, stability, and risk in a way that works for you.
At Reduce My Costs, we don’t believe in one-size-fits-all. We work closely with businesses of all sizes to create tailored energy strategies that fit your goals and your day-to-day operations. No confusion, no complicated jargon — just clear advice and real savings.
Ready to make your energy work harder for your business? Let’s get started.
SME Flex Basket
For many SMEs, negotiating energy prices can feel like an uphill battle. With lower usage and less buying power than larger organisations, securing competitive rates isn’t always straightforward.
That’s exactly why we created our SME Flex Basket.
It gives small to medium-sized businesses access to a wider range of competitive market prices — opening the door to opportunities that might not normally be available. You get greater flexibility, better visibility, and more control over how you manage your energy use and spending.
Smarter buying power, without needing to be a big business.
Cost Savings
Flex Basket contracts usually offer more predictability than real-time or on-the-spot contracts. Prices are often lower too, which can help bring down overall energy costs and make budgeting simpler.
Account Management
The energy market can be complex, especially when you’re busy running a business. Your dedicated Account Manager will keep an eye on the market for you and share clear monthly reports, so you stay informed without the extra admin.
Flexibility
SME Flex Basket contracts are designed to help you handle energy price changes more easily. You can adjust your commitments with relatively short notice, which can help reduce financial risk and keep costs more manageable when prices shift.
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.
We can help reduce your business costs
...and did we mention that our service is free?
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