How Energy Procurement Can Help Small Businesses

Most business owners are aware of the advantages of switching energy suppliers, but lack the time and resources to search for the best deal. Hidden costs and ill-fitted contracts mean that many small businesses are overpaying for their energy usage. A recent government survey indicated that a staggering 54% of business owners do not have accurate figures for their energy expenditure.

So how do you reduce energy costs and take control of your carbon footprint, without making major changes within your organisation? Enlisting the services of an energy procurement expert is a simple way to secure the sustainability of your business. Let’s explore how.

How Energy Procurement Can Help Small Businesses

In-depth Market Research 

It’s no secret that an independent energy company can help you secure a lower rate for energy usage, but how? An energy procurement consultant can review your gas and electricity consumption, compare your current tariffs against other options on the market, and carefully manage the tendering process when it’s time to renew your contracts.

As well as securing a great deal on new or renewed tariffs, they can advise of any changes in the energy market, keeping you informed of lower rates and the best time to take advantage of these. A green energy specialist can also keep your company in the loop when it comes to changing government legislation, ensuring that your business is fully compliant with new and existing regulations.

Keep Costs under Control  

Commercial energy prices fluctuate rapidly, and are set to increase significantly in the coming years. As such, it’s never been a more critical time to make the correct decisions regarding fundamental contracts. Seemingly small savings in gas and electricity tariffs can make a remarkable fiscal impact, reducing expenditure and improving the profitability of your small business.

By securing energy contracts through a specialist, you can also improve certainty about your expenditure, enabling you to map out your energy needs and costs for your premises. In doing so, you can increase your bottom line and cut down on waste.

Improved Purchasing Power 

Once the energy needs of your business have been assessed, an experienced team can procure competitive rates on your behalf. The negotiation process can be a tricky one, particularly if you haven’t got the information and expertise to support your bargaining. By outsourcing this process, you can take the time and stress out of negotiations, without compromising on getting the best deal. And as procurement services use group purchasing techniques, you’ll benefit from vastly improved buying power.

By choosing an energy procurement company to help your business secure the best energy rates, you can increase your bottom line and reduce waste within your organisation. This service takes any hassle out of switching energy providers, giving you valuable insights into one of the biggest costs for small businesses, whilst doing the hard work for you.

There is every chance that you now understand what energy procurement can do for your business and can now move forward with the right path for you.

This article was written by Kelly Gilmour Grassam with useful information from GMI Energy. Kelly is from Yorkshire and is a freelance copywriter who loves the odd cappuchino whilst being the wordsmith she is.