Press Releases from Smarter Business (20 total)
Smarter Business Adds Further Strength to its Management Team with the Appointme …
Smarter Business announced that it has appointed Andy Taylor, former Head of Indirect Sales at npower, as Sales Director. Taylor assumes his role at Smarter Business on 9 September 2019.
Taylor joins Smarter Business from npower, where he has worked for the past five years. Taylor has a distinguished career in the sector, starting out as part of the broker account management team with the newly-formed independent supplier economy power.…
Businesses Benefit from 90% Savings on Merchant Services
Haywards Heath, May 2019 - Business services consultant Smarter Business is proud to add a new service to their already-comprehensive list of business solutions - the company is now offering merchant services at highly competitive rates.
The bottom lines of businesses across the UK can benefit from merchant service solutions that maximise their profitability. Smarter Business now offers some of the cheapest rates in the market - with broadband terminals…
What Influences UK Energy Prices?
What Influences UK Energy Prices?
- Global energy markets
- Brent crude oil
- Coal costs
- Carbon markets
- Liquid natural gas
- The world economy
- Environmental factors
Read on to find out more about each contributing factor…
UK energy market fundamentals
UK energy prices are derived from a number of drivers that either directly influence prices through cost, or indirectly through sentiment. Cost effect is predominately the outturn of…
Smarter Business Chairman Mark Read Named as 2018 ‘Face of a Vibrant Economy …
Grant Thornton announced the names of their 2018 campaign to celebrate leaders who excel in better business - and Smarter Business Chairman Mark Read is one of them.
Now in its third year, the Faces of a Vibrant Economy campaign – created by accountant and financial advisor Grant Thornton – identifies 100 progressive UK leaders from across all sectors of business, culture and civic society who each demonstrate excellence in key…
10 Tips for the Cheapest Business Energy
With energy prices on the rise, businesses are seeking out the cheapest business energy deals to mitigate the effects of recent energy price hikes.
There are two main elements to your business energy bill - your consumption data and your energy contract rates; getting the most cost-effective business energy means looking for reductions in both.
Sourcing the best business energy contract
Tip #1 - Switch suppliers
Lowering your business energy bill starts with ensuring…
The Ultimate Summary of the UK’s Energy Stats in 2017
The UK Government’s Department for Business, Energy and Industrial Strategy has published statistics the UK's energy production and consumption. The department released four key publications under the Digest of United Kingdom Energy Statistics 2018:
● Digest of United Kingdom Energy Statistics 2018
● UK Energy in Brief
● Energy Flow Chart
● Energy Consumption in the United Kingdom
These documents provide a detailed analysis of the UK’s energy production, transformation and consumption in 2017.
The key points of the reports…
Energy Market Outlook for Q3 2018
By Tim Sealy-Fisher, Head of Key Accounts at Smarter Business
The recent spike in the price of oil and the knock-on effect on gas and electricity costs served as another reminder of just how volatile commodity energy costs can be.
Oil prices have increased 60% in the last year alone due to a rise in demand and restricted supply by the Organisation of the Petroleum Exporting Countries (OPEC).
In May this year,…
A Smarter Way of Doing Business
It’s been a year since Smarter Business Limited acquired Business Advisory Service Limited (BAS Energy) on 4th July 2017. In the last 12 months, Smarter Business has seen several successes, from awards to accreditations.
The acquisition of BAS Energy last year positioned the Smarter Business group as one of the biggest energy brokers in the UK, with over 250 staff and a resulting customer base of over 40,000 clients, placing…
More Energy Price Hikes from the Big Six
Smarter Business recently reported that all of the Big Six increased their energy prices (https://smarterbusiness.co.uk/uk-gas-prices-and-electricity-prices-continue-to-rise). The ink had barely dried before EDF Energy has announced yet another price hike.
The energy giant will be increasing standard variable tariff (SVT) prices on 31 August by 6%:
- The gas tariff will increase by 6%
- The electricity tariff will increase by 6.1%
This amounts to £1,228 a year, adding £70 to the typical UK…
What is the Climate Change Levy?
What is the Climate Change Levy? The Climate Change Levy (CCL) is an energy tax that applies to non-domestic consumers in the United Kingdom along with value-added tax (VAT). The Climate Change Levy is chargeable on both electricity and gas supplies.
This article will tell you everything you need to know about the CCL and how your business may qualify for a CCL exemption.
When was the CLL introduced?
The climate…
Ideas to Save Energy at Schools, Hotels and Retail Stores
Why should you look for ideas to save energy at schools, hotels and retail stores? Well, these sectors use the same amount of gas and electricity as 4.3 million homes. However, with more efficient energy practices, these industries could cut this number down by over a million.
Experts estimate that smart technologies, smart meters and an upgraded energy grid can help the UK save up to £40 billion on energy costs…
What is a Liquid Air Energy Storage System?
An exciting development in the UK energy industry took place last week - the launch of the world’s first liquid air energy storage (LAES) plant.
UK energy storage developer Highview Power opened the 5-megawatt (MW) plant at the Pillsworth landfill gas site in Bury, Manchester. It is the world’s first operational demonstration of LAES technology at grid-scale. This development will be able to power about 5000 homes for about three hours.
So,…
Energy Invoice Validation: Avoid Paying More Than You Should
Energy invoice validation can prevent your business from paying more on energy than you should be. Even though an extra 3-5% every month may not sound like a huge amount of money, any unnecessary overspend should be avoided. And with the rising price of electricity in the UK (estimated to rise by over 30% by 2025), organisations should look to save on energy wherever they can.
This is why energy…
Smart Meters: Do You Have to Get One?
The UK government has commissioned energy companies to install smart meters for their customers by 2019. But what happens if a customer doesn’t actually want one?
What is a smart meter?
Smart meters provide businesses and household with a digital way to measure gas and electricity readings, which are sent directly to energy suppliers.
The benefits of having a smart meter
Whether or not it’s compulsory to have a smart meter…
Bitcoin Electricity Consumption – Part 2
The debate rages on as bitcoin electricity consumption increases…
Earlier this year, we published an article on bitcoin electricity consumption, reporting how Iceland has become one of the top locations for cryptocurrency servers, which now exceed the consumption of private energy users.
Now, the criticism amongst ecological circles and the debates around bitcoin electricity consumption have been fuelled by a paper by Alex de Vries of PwC’s Experience Center in Amsterdam.
His…
What is the Average Gas Usage in the UK?
The latest figures released by the Department for Business, Energy and Industrial Strategy (BEIS) give an indication of the average gas usage and cost for domestic customers in 2017, broken down by region with average unit costs.
Where does the BEIS get its data?
The BEIS receives data directly from the main energy companies that supply gas throughout the UK. The suppliers provide the BEIS with figures for each tariff:
Standing charges
Unit costs
Split…
5 Ways Hotels Can Save Energy – and Money!
As you know, running a hotel or B&B is an energy-intensive undertaking. Saving energy and switching to cheaper tariffs can result in significant savings – without affecting the customer experience.
Catering for the needs of guests and patrons often leads to high energy consumption, but there are many ways for hospitality businesses to reduce their energy bills with just a few infrastructure adjustments and operational changes.
Did You Know? The hospitality…
How to Save VAT on Business Electricity
VAT on business electricity: The facts
- All business energy is subject to VAT
- VAT on business energy accounts is normally in the region of 20%
- Unfortunately, this VAT can’t be claimed back
- However, your business may be eligible for a VAT discount on your business energy
Do you qualify to save VAT on business electricity?
Your business could be eligible for a reduced VAT rate of 5% on your energy bills if…
How Much Energy Does the Average UK Business Consume?
Perhaps you dutifully pay your energy bill every month, but, without context, you may have no idea whether you are using or paying too much – or not. Looking at the average business energy consumption in the UK can give you an indication of where your business falls on the average gas and electricity usage scale.
Of course, your average business energy consumption depends on a number of variables, including:…
Smarter Business and Boost Capital Team Up
Business loans UK just got better as Boost Capital and Smarter Business have teamed up to support small businesses with the finance they need to grow.
Boost Capital is a leading small business financing platform in the UK. With our new partnership, Smarter Business now offers Boost Capital’s financial products to our customer base.
The partnership will add extra value to our cohort of over 40,000 businesses, allowing us to offer competitive…
