Engineering companies could save £1000 on utility bills under new schemeCompanies in the engineering industry could save at least £999 on their energy bills every year by signing up to a new scheme run by a utility broker. Business Energy Consultants are offering a guarantee to engineering businesses to provide them with cheaper utility bills.
Business Energy Consultants (BEC) work with a range of organisations to negotiate cheaper utility bills, including gas, electricity, water and telecoms. They promise to save every company a minimum of £999 on their annual bills when an organisation switches three utilities to BEC. If this saving is not met, the difference is refunded.
James Longley, Managing Director of Business Energy Consultants explains "Energy and utility costs are a significant expense for the engineering industry, seriously impacting on profit margins. As energy prices continue to rise, we are working with companies to save substantial amounts by finding better tariffs and contracts. We have an expert team that are dedicated to finding the right fit for each individual client."
BEC work with hundreds of companies all over the UK. They evaluate an organisation's utility usage as a starting point for negotiating new contracts. They have access to changing tariffs so they can arrange the most cost effective deal for each individual customer. For example, greater savings can sometimes be achieved by signing up to a longer contract with a fixed higher price than a one year contract at a lower rate. BEC advisers also check their clients are paying the correct rate of VAT as this varies from industry to industry.
A Citizens Advice survey from late last year showed that the big six suppliers will have increased their prices by 37% since October 2010. These leading utility companies made a combined £1.2 billion last year, up 75 per cent on 2011.
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