This in-depth guide will cover everything you need to know about UK utility bills. From what a utility bill is to the different types of utilities, Business Energy Comparison is here to help.
What Counts as a Utility Bill and What Are Utilities?
Is Broadband a Utility Bill?
There is still some debate over whether broadband is classed as a utility bill. More and more companies are classing it as a utility bill because it is essential to the running of their business in the same way as a phone line is.
The general consensus is that broadband is a utility bill because a phone bill is a utility bill. This is becoming increasingly true in today’s world where broadband is no longer an option but a necessity to be able to run a successful business.
Is TV License a Utility Bill?
In the UK, a TV Licence is needed to be able to legally watch or record TV transmissions live on a TV, computer, or streaming device.
TV Licence bills or cable TV bills are only classed as utility bills if showing live TV is essential for your business. Otherwise, they will be charged as domestic bills and billed annually.
For example, if your customers rely on you for streaming live matches or your office shows the news, your TV Licence bills can be classed as utility bills.
Utility bills are among the biggest expenses for businesses but some people still don’t know what counts as a utility bill and what utilities are. With the average utility bill rising year on year, knowing what you’re paying for is more important than ever.
From shopping around for a better deal to switching to energy-efficient lighting, there are several things you can do to save money on your business utilities. This can help you lower overhead costs and focus on running your business.
With our helpful guide, you can better understand your business utility bill and know where to make positive changes.
Frequently Asked Questions
The utilities used will differ depending on the type and size of the business but most businesses use electricity, gas, water, heating, sewage, and waste disposal. Electricity and water are usually a requirement to be able to run a brick-and-mortar store in any industry.
Bank statements are not considered utilities and are simply a breakdown of your income and outgoings. They can, however, also be used as proof of address if you don’t have a utility bill at hand.
The average utility bill for a business can fluctuate based on a number of things. This includes the market, the total energy consumption, the location, the billing period, the utility provider, and the energy efficiency of the building, just to name a few.
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