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How Do I Calculate My Business Energy Usage?

Everyone wants to save money on their energy bills, from domestic customers to those responsible for running businesses. Usually, the first step most people take is to make an energy supplier comparison and choosing the best deal with Business Energy Comparison.

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What Affects Business Energy Usage?

There are quite a few things that can affect your business energy usage. This, in turn, impacts a company’s energy bills and overall operational costs. The type of energy a business uses and its main utilities, such as gas and electricity, water, etc, changes its energy consumption. Business gas is usually a lot more energy efficient than electricity. There are certain ways to save on these utilities, though!

Another aspect that influences business energy bills is the type of energy plan chosen by the business. A fixed-rate energy plan can offer some stability in business energy prices, making it easier to budget and predict energy bills. On the other hand, a variable-rate plan means your business is more vulnerable to changes in energy prices, which can impact energy bills.

Weather and natural disasters also play a role in business energy. Extreme temperatures change your heating or cooling needs, resulting in higher or lower business energy bills. In colder weather, more money is spent on heating, and in warmer months, more money is spent on cooling.

Natural disasters like hurricanes or storms can disrupt energy supply, causing businesses to have unexpected costs and interruptions to operations.

The economic climate can also influence business energy. During periods of economic growth, businesses can grow too, meaning a higher energy consumption. When the economy is down, businesses should put some energy-saving measures in place to ward off any rising energy bills and conserve resources.

The nature of the business itself also affects energy. For example, large businesses like manufacturing industries usually have higher energy consumption because of intense machinery that uses a lot of power. Small to medium businesses, on the other hand, have lower energy consumption in comparison.

How Do You Measure Energy Usage?

Measuring energy usage is helpful for businesses to monitor and manage their energy costs. For utilities like gas and electricity, businesses can rely on energy meters to track consumption properly. Smart meters are a great choice because they provide real-time data. This allows businesses to make informed decisions based on their energy usage patterns.

To understand water usage, businesses can use water meters to check consumption levels. Monitoring water usage helps you understand where your water is going, how you can conserve water, and save on costs.

Regularly measuring your average business energy bill, including average business energy consumption, business gas, and your energy supplier, means you can identify trends and see where your energy could be more efficient.

How much energy is a kWh?

A kilowatt-hour (kWh) is a unit of measurement that gauges the energy consumption of an appliance in kilowatts per hour. For example, an appliance that uses 1000 watts of electricity to run, used for an hour, would consume 1 kWh of energy.

When you see kWh on your monthly energy bill, it represents a calculation based on the wattage of your electric appliances and the time they are used. This measurement helps you understand and track the energy usage of your devices. It assists in becoming more energy efficient.

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For both gas and electricity, the energy can be measured and become more efficient. The average business electricity usage in the UK varies depending on the size of the business.

For micro-businesses, the consumption ranges from 5,000 to 15,000 kWh. Small businesses typically use between 15,000 to 25,000 kWh. Medium-sized businesses have electricity usage in the range of 25,000 to 50,000 kWh. Large businesses consume more than 55,000 kWh.

Understanding these average usage levels helps businesses in managing their energy needs efficiently. It also assists in making good decisions about your business energy deal, energy supplier, plan, and costs.

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What Is The Average Business Gas Usage In The UK?

Similarly, the average business gas usage in the UK differs according to the size of the company.

Micro-businesses often use 5,000 to 15,000 kWh of gas. In a small business, gas consumption ranges from 15,000 to 30,000 kWh. For a medium-sized business, it varies between 30,000 to 65,000 kWh. Large businesses have larger gas needs, which can go over 65,000 kWh.

Both gas and electricity are business energy costs that can be reduced through careful planning, and considering a new energy supplier.

How To Reduce Your Business’s Energy Usage

Reducing your business energy usage is a win-win for everyone. It helps the environment and your bottom line. By making use of some energy-saving measures, you can lower your average business energy consumption and trim those business energy bills.

Here are some energy efficiency measures you can start using right away:

  • Energy Audit: To start off, you should be assessing your business energy consumption to find areas that can be improved. A business energy audit can help pinpoint problem areas where energy-saving measures can be used.
  • Upgrade Equipment: Think about upgrading your equipment to save more energy. LED lighting is a great way to use less energy, plus it lasts longer! Lighting controls like motion sensors and timers also help – and they ensure your employees are turning off lights and other appliances when not in use. There are tons of other smart energy appliances to check out, like fridges, meters, and coffee makers.
  • Improve Heating and Cooling: Adjust thermostats to keep a comfortable temperature without energy wastage. Regularly service your systems, and implement a Smart thermostat to properly control temperatures while saving energy.
  • Insulation: Proper insulation will help your staff stay warm in the winter, and also cool in the summer. This will cut costs for expensive heating and cooling appliances – particularly business gas bills.
  • Switch Business Energy Suppliers: Compare business energy tariffs and consider switching to suppliers offering competitive rates and a better business energy tariff.
  • Renewable Energy: There are other, more environmentally-friendly, options for energy available. Solar panels, for example.

By using these energy-efficient measures, you can lower your average business energy consumption. This will improve your energy savings and make a positive impact on the environment.

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What’s Considered When Calculating Your Business Energy Plans?

There’s a lot to think about when calculating your business energy costs. The amount of energy consumed by your business is a great starting point. The more energy you consume, the more expensive it will be. Where your business is located is important since energy rates differ by geographical area.

The size of your property also matters, as larger spaces often need more energy to power. The type of meter installed in your business impacts invoicing, with smart meters providing real-time data for more precise cost estimates. The type of energy plan, variable or fixed rate, will also play a role in how your costs fluctuate.

Find Out More From The Experts At Business Energy Comparison

When looking for a good energy deal and business energy prices, comparing various energy suppliers is important. Evaluate different energy plans to find a cost-effective option for your energy needs. Find out more from the experts at Business Energy Comparison.

Frequently Asked Questions

What are the current business electricity rates in the UK in 2023?

The current business electricity rates in the UK are 31,1p – 31,3p, depending on the size of the business.

Do businesses pay more for electricity UK?

In general, commercial customers will pay less for power than residential customers. While domestic consumers often pay higher unit rates, they are not liable for VAT.