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Tackling the Energy Price Surge: A Lifeline for SMEs with Smart Energy Company

The Energy Challenge for SMEs

The landscape for SMEs in recent years has been tough, to say the least. The surge in energy prices in 2021/2022 has left many small and medium-sized businesses grappling with inflated costs, with the average SME now paying a staggering £64,383.10 annually for energy and fuel. This financial burden has forced a signific

ant 22% of SMEs to postpone crucial business investments, hampering growth and innovation.

An image showcasing a juxtaposition of hope and concern in the context of energy costs. In the foreground, a traditional energy meter, with dials spinning quickly, indicates high energy consumption. Behind it, a collage of rising pound sterling symbols emerges, some clear and others slightly blurred, symbolising escalating costs. On the right, amidst a backdrop of a stormy sky, stands a vigilant lighthouse, its beam cutting through the tumultuous atmosphere. At the base of the lighthouse, a worried business owner, calculator in hand, represents the pressure of managing rising expenses. This scene is set against a seascape with tumultuous waves, portraying the chaotic environment businesses navigate regarding energy expenses. At the bottom, the logo of Smart En. Co. subtly anchors the image, suggesting a guiding light in these challenging times.

Locked-In Rates: The Energy Price Surge

Many businesses that locked in their energy prices during the peak of the crisis are now finding themselves at a disadvantage. Rates have started to stabilise, but those tied to long-term, high-rate contracts signed in less favourable times are missing out on the potential savings offered by the current market.

Unlock Exceptional Energy Rates for Your Business

It's not all doom and gloom, though. There is a silver lining for SMEs looking to navigate away from the high costs of the past. Smart Energy Company is at the forefront, offering:

  • Electricity Rates as low as 20p/kWh

  • Gas below 5p/kWh

Take advantage of the market lows and don't let past decisions dictate your future financial health. Submit your current rates to us, and let Smart Energy Company find an energy deal that's tailored to your business needs.

Awareness Is Key

Despite the introduction of schemes like the Energy Bill Discount Scheme in April 2023, our findings show that a concerning 57% of SMEs are unaware of the financial support available to them. It's vital to stay informed about the help at hand to make educated decisions about your energy consumption and spending.

A Partner in Growth

Mike Randall, CEO of Simply Asset Finance, echoes the sentiment that support for SMEs is crucial, especially in the wake of the energy crisis. With the government's Autumn Statement offering limited assistance, SMEs must look to service providers who can offer a more immediate solution.

At Smart Energy Company, we understand the challenges you face and offer bespoke advice and solutions to ensure your energy rates are not only competitive but also conducive to your business goals.

Securing Your Business's Future

With our help, you can secure energy rates that reflect the current market lows. Our 'No commitment, just potential savings' approach means that you can explore your options without any pressure.

Rates may vary by location, meter type, contract start date, and usage, but we're committed to finding you the best possible deal. Don't let the legacy of high energy rates hold your business back any longer.

In Conclusion

The past year has been a testament to the resilience of UK SMEs. As we move forward, it's time to reassess and take control of your energy spending. With Smart Energy Company, you have a partner ready to support you in unlocking savings and securing a sustainable and prosperous future.

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Have More Questions?

  • Is it possible to change multiple business utilities at the same time?
    Our switching service allows you to switch multiple utilities simultaneously. We have successfully assisted multiple businesses in the UK by helping them save on various services such as energy and water with savings within 2023 already over the £2 Million mark.
  • How much can I save on my business utility bills?
    The amount you can save on your business utility bills will depend on various factors such as your current usage, the rates offered by different providers, and the specific deals available in your location. However, our switching service is designed to help you find the best deals and save as much as possible. By comparing multiple suppliers and negotiating competitive rates, we aim to maximise your potential savings. Get in touch with us to discuss your specific needs and get personalised information on potential cost savings for your business utility bills.
  • How does switching business utilities work?
    Switching business utilities involves a straightforward process. Here's a general overview of how it works: Evaluation: Start by assessing your current utility bills and usage patterns. This will give you an idea of your current costs and help identify areas where savings can be made. Comparison: Use a switching service like ours to compare different utility providers in your area. We provide you with quotes from multiple suppliers, allowing you to compare prices, contract terms, and services offered. Selection: Based on the comparison results, choose the utility provider that best meets your needs and budget. Consider factors such as price, customer reviews, contract terms, and any additional services or benefits offered. Contract Negotiation: Once you've chosen a new provider, our team can help negotiate the contract terms and rates on your behalf. Switching Process: The switching service will coordinate the transition with your current supplier and the new provider. This may involve submitting termination notices, arranging meter readings, and scheduling the activation of new services. Enjoy the Savings: After the switch, you'll start receiving services from your new provider, typically at the agreed-upon rates. You will notice savings on your utility bills, providing you with cost advantages for your business. Remember, the exact process may vary depending on the type of utility you are switching, but our switching service aims to simplify the process and assist you at every step.
  • Who are the cheapest business utility providers?
    As market conditions and prices fluctuate regularly, it's challenging to provide an up-to-date and definitive list of the cheapest business utility providers. The prices we provide you are valid and available on the day of the quote and will provide most current and competitive deals available. Our switching service helps you compare prices and offers from multiple suppliers, ensuring you have the most accurate and relevant information to make an informed decision about your business utility provider.
  • What is energy procurement?
    Energy procurement is the process of sourcing, negotiating, and securing energy contracts to meet the specific needs of a business. It involves analysing energy consumption patterns, understanding market trends, and negotiating with suppliers to obtain the best possible rates and contract terms.
  • Why is energy procurement important for my business?
    Energy procurement ensures that your business secures energy contracts that are both cost-effective and aligned with your operational needs. Proper energy procurement can lead to significant cost savings, budget predictability, and reduced risks associated with volatile energy markets.
  • How does The Smart Energy Company help with energy procurement?
    We specialise in analysing your energy consumption, understanding your specific needs, and leveraging our relationships with over 20 suppliers to negotiate the best possible contracts on your behalf. Our team ensures you get optimal rates, flexible terms, and contracts that align with your business goals.
  • How do you ensure I get the best energy rates?
    Our team continuously monitors the energy market, staying updated with trends, price fluctuations, and supplier offerings. Coupled with our in-depth analysis of your energy needs and consumption patterns, we negotiate with suppliers to secure rates that are both competitive and suited to your business.
  • Are there any hidden fees associated with your energy procurement services?
    Transparency is a core value at The Smart Energy Company. We provide a clear breakdown of any commission we earn as a company when you come to agree any new energy contract. This is typically included as an uplift in your unit rate and paid to us by the supplier you chose to go to. Our primary goal is to secure the best energy deals for you, with no hidden costs.
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Unlock the Potential of
Your Business Energy

At The Smart Energy Company, we're committed to offering tailored solutions that fit your energy needs perfectly. By staying ahead of market trends, we ensure you're always equipped with the most efficient and sustainable energy options. We take pride in our client-driven approach, where your feedback shapes our continuous improvement.


Why not schedule a complimentary consultation with one of our energy experts today? Let's find the perfect energy solution tailored to your business.

See What Our Clients Say About Us


Very helpful, quick expert advice. We have been using Smart Energy for a while.


Ian Hughes

Operation Manager

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