Typically, Londoners can spend expect to spend around £30,000 on starting up a business compared with new businesses in Wales spending around £8,000. With costs this high, you need to make sure that your business energy is in hand.
We’ve set out some common London business scenarios and some handy tips to combat utility issues: take a look and see if any apply to you.
Restaurant in Shoreditch
You own a restaurant in Shoreditch specialising in Thai street food and you aim to be as affordable as possible for your customers. You use only the freshest ingredients from local sources (where you can) which isn’t always the cheapest option.
In the restaurant itself you want to create an atmosphere of a Thai street at night, using spotlights above the tables to simulate the moonlight.
You don’t pay much attention to your energy bills as you’re concentrating more on your business. You try to pay them as and when they come in but you’ve missed a few as you’ve never set up a direct debit.
- By implementing intelligent lighting controls, you could save 30-50% of your energy use – leaving you to spend more money on your business.
- Setting up a direct debit can ensure you never miss a bill and, with many suppliers, you can choose to pay monthly or quarterly.
Leisure complex in Clapham
You’re running a leisure centre with a gym, swimming pool, spa facilities and restaurant. You attract thousands of customers a week using the facilities and enjoying your business. You have drinking water available in almost every room and the water you waste just goes down the drains.
You’re not aware that England water market deregulated in April 2017. Water bills are paid on a direct debit but you don’t pay attention to the price as you don’t think anything can be done about it.
- The water market de-regulated in England in April 2017, meaning you are no longer tied to your current supplier – you are now able to compare water supplier and switch this as well as having the ability to compare business electricity and business gas contracts.
- We can help you with a range of water recycling schemes to ensure you get the most from your waste water and rainwater you collect.
Tailor in Chelsea
You own a large shop in Chelsea with a main shop floor area, storage room in the back and small office space. To create a comfortable experience for customers, your entire shop is set to a certain temperature day and night – even when the shop isn’t in use.
As lights are manual switches, you sometimes come to work in the morning to see that staff have left the light in the storage room or office on all night.
You pay little attention to your electricity bill, you think you might have seen an ‘E’ on the bill a couple of months ago but you got had to serve a customer and ended up forgetting about this and paying the bill as it was.
- By installing motion sensors and educating staff about energy saving methods, you can ensure lights are switched off when the rooms are not in use.
- Heating controls can also be put in place to warm the shop up slightly earlier than opening time and maintain a steady temperature through the day – switching off/down at night.
Wine bar in Waterloo
You own a trendy wine bar in Waterloo that brings in groups on their lunch break and is busy every night of the week. This means that the fridges behind the bar are switched on from morning until night to make sure the drinks stay cold.
Lights in your bar are always switched on, including the lights in the bathroom. These lights are on a couple of hours before opening while staff are setting up and a couple of hours after closing time while staff clean down the bar.
During busy periods, the glass cleaning machines are constantly in operation – these machines haven’t been replaced in a number of years and aren’t as effective as they used to be.
- Take control of appliances. Controls can be put in place for both the fridges and lights to control when they switch on and how long they’re on for.
Lights can be set to switch on 50% when staff are setting up and cleaning down but will automatically be set to 100% during opening times.
- It’s important to keep an eye on appliances and ensure you replace when they get too old as they start to become inefficient and may not work as well as when new.
Interested in finding out how your business could save?
Starting and running a business in London can be costly, we don’t want your business utilities to cause you a headache too! We can help you to get a great deal on your business gas, business electricity and business water contracts and handle the entire switch (if you choose to change supplier).
Or get in touch with us on 0330 303 0231 or email firstname.lastname@example.org to see what we can do for you!