Business Juice has released interim figures demonstrating the savings its clients are making by switching energy. The data shows that their customers will save an average yearly sum of £2,015, based on 2015 performance so far for business energy overall. The average saving on electricity contracts is £2,100 while companies will save an average £1,803 on business gas.
Many of Business Juice’s clients are small local businesses, so the contribution to the bottom line is significant and valued highly. For a start-up business, saving £2k on energy can make a massive difference to profitability and viability while the company works to build and grow.
However, Business Juice also work with SME (small and medium companies) and even industrial and commercial clients, where the savings can be greater based on larger energy usage. An academy school saved over £42k but even a local community centre saved over £15k on electricity. The biggest saving this year so far is over £63k for a construction company which moved its electricity contract while a property investment business in London has saved £35k on gas.
Business Juice CEO James Constant explained: “We are very pleased to announce these latest figures, demonstrating just how much a company can save on their energy bills. Despite government campaigns in the consumer market, there is no coordinated drive for companies to change supplier and a lack of awareness of the potential to make significant cost savings by switching electricity and gas, yet the savings are considerable for those who do.”
“We hope that this announcement will encourage other businesses to shop around for a better deal on their electricity and gas.”
While lack of awareness is a big problem in business energy, for other businesses, confusion about where to start is yet another barrier.
James continued: “Sadly, the market does not make it easy to compare or switch business energy. Availability of reliable online information is variable, the switching process potentially complex and contracts can be confusing.”
“However, Business Juice has invested in creating good quality information to help companies understand the market and make the right decision. We’ve created easy online comparison tools for businesses to compare their costs based on their own usage to see what they could be paying in just a few clicks and for those who wish to switch supply, our Energy Experts take on the coordination and paperwork, making the transition smooth and ensuring that all the details are arranged on behalf of the client.”
Business Juice offers a free quotation service for businesses of all sizes and from all industries; from the smallest work-from-home start-ups and SMEs to major FTSE companies with multiple site energy usage. In 2014, Business Juice’s average energy saving was £2,447. Medium sized clients saved an average £14,473 on energy (gas and electricity combined) with large companies saving up to £86k.
They offer a team of expert Energy Advisors who can review the current energy supply and recommend the most appropriate alternatives from over 30 UK gas and electricity suppliers, including all of the Big 6 as well as a host of other energy companies. For any company choosing to switch supplier, Business Juice’s team are available to help and assist in the process, providing all the necessary paperwork from letters of authority to termination letters so that the switch is handled as efficiently as possible.
