Manufacturing
For manufacturing businesses in the UK, securing favourable energy rates is crucial for maintaining a competitive edge and ensuring profitability in an increasingly energy-intensive industry. High energy costs can significantly impact production costs, hampering a manufacturer's ability to price their products competitively in the market. According to the Department for Business, Energy & Industrial Strategy, the manufacturing sector accounts for approximately 16% of the UK's total energy consumption.
Top energy-saving tips for
Manufacturing
Upgrade to energy-efficient equipment and machinery: Replace outdated and inefficient equipment with modern, energy-efficient alternatives. Look for machines and tools that are designed to minimize energy consumption while maintaining or enhancing productivity.
Explore renewable energy sources: Investigate the feasibility of incorporating renewable energy sources, such as solar panels or wind turbines, into your manufacturing operations. While the initial investment may be substantial, these clean energy solutions can significantly reduce long-term energy costs and demonstrate your commitment to environmental sustainability.
Conduct energy audits and implement energy management systems: Reshape Energy can help identify areas where energy is being wasted and provide tailored recommendations for improving efficiency. An energy audit can uncover opportunities for upgrading equipment, improving insulation, or implementing energy management strategies specific to your hospitality business.
DEDICATED ACCOUNT MANAGER
We're committed to providing personalised and seamless support every step of the way. When you partner with us, you'll be assigned a dedicated account manager who will be your go-to resource for all of your inquiries.
Your account manager is not just an expert in the field, but also your advocate, ensuring any questions, concerns, or adjustments you may require are met efficiently and effectively.
TOP TIPS TO SECURE THE BEST ENERGY DEAL
Check your contract end date
Approximately six months before your energy contract expires, start exploring your options. Failing to take action could result in being placed on variable contract rates, which are typically the most expensive tariffs offered by energy suppliers.
Evaluate your renewal prices
Renewal prices from your current provider may be higher than your existing rate. For energy-intensive businesses like restaurants, it's advisable to research alternative energy providers to potentially secure a more competitive rate.
Switch your tariff
Switching energy suppliers is a well-advised strategy to find cheaper business energy deals. Businesses could save up to 40% on their annual energy bill when we switch their tariff. Sometimes, you don't need to switch suppliers—just changing contracts can result in savings.
The industrial sector in the UK is consuming 27 per cent more energy that the services sector, producing 17 per cent more emissions.
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Comparing Business Energy Contracts Isn't Just About Savings
Lock in Savings: Energy prices fluctuate, but renewing early could secure a competitive rate, potentially saving you substantially over the contract term.
Uninterrupted Operations: Timely renewal ensures reliable energy supply, preventing operational disruptions and delays.
Budgeting Ease: Knowing your energy costs upfront allows accurate budgeting and resource allocation, avoiding financial strain.
Go Green: Explore renewable energy options that reduce your environmental impact while aligning with sustainability goals.
Avoid Default Hikes: Missing the renewal deadline often leads to exorbitant default rates from providers, spiking your energy expenses.
Leverage Expertise: Work with energy specialists who can analyse your usage patterns and negotiate the best rates and terms on your behalf.