How to Find the Best Electricity Rates in Ireland
Getting the best electricity rates has become a crucial task for businesses in Ireland, especially in the ever-evolving energy market. A wave of food businesses are expected to close in the coming months due to high running costs and an increase in VAT. In 2024, all industries need to make sure they choose cost-effective and sustainable energy solutions to keep running costs low. With Procure.ie’s latest guide, we share how to evaluate your options, compare rates, and make informed decisions that fit your budget and business goals.
- Choosing your supplier
- Sustainable business energy
- How to find the best electricity rates
1. Choosing your energy supplier
To find the best business electricity rates, start by choosing the right supplier. Look for companies with good reputations, excellent customer service, and transparency. Find providers that offer flexible plans that meet your needs. Make sure they have a track record of competitive pricing and reliable service. Checking customer reviews can reveal valuable information about other people’s experiences.
2. Sustainable business energy
Sustainable energy is a key concern for businesses. Sustainable energy sources not only align with environmental goals but can also reduce long-term costs. Find suppliers that prioritise renewable energy sources. Several suppliers offer green energy plans, which can help you gain an eco-friendly reputation and reduce your carbon footprint at the same time. As part of Procure.ie’s annual energy audit process, we help businesses reduce their energy consumption and look at how they might implement green business electricity using LED Lighting, Energy Monitoring Technology, Solar, and Biomass.
3. How to find the best business electricity rates
A utility consultant can help businesses ensure they’re getting the best energy rates and utility bills. Another tip is to pay attention to the contract terms, KWH rate, hidden fees, and any potential discounts. Avoid introductory rates that spike after an initial period. Determine the type of plan you require based on your previous energy usage, ensuring long-term cost savings.
Negotiating and securing better rates
Don’t be afraid to negotiate with your current or potential suppliers. By showing their commitment to a long-term partnership, many businesses are able to secure better rates. You should be prepared to offer competitive quotes from other providers in order to strengthen your negotiations. Suppliers typically value long-term relationships, and an agreement that benefits everyone is in everyone’s interest. Procure.ie compare and negotiate better prices for our 20,000 Irish customers to make sure we get them the best rates year after year.
Conducting annual energy audits
Regular energy audits can help identify areas that can be improved upon. Upgrading energy-intensive equipment can lead to long-term cost savings. Consider Procure’s Annual Energy Audits as a way to reduce consumption and explore energy-efficient alternatives.
Switch your energy supplier
Changing energy suppliers is a straightforward process that can result in significant savings if your electricity bills are skyrocketing each month and you don’t know the cause. We offer free, impartial advice and make sure you don’t overpay for energy. Switching could save you up to 55% on your business electricity bills. Chat to our team and get immediate pricing now to start saving.
Case Study: Oliver Dunne Restaurants
Renegotiating contracts leads to 28% reduced energy costs for The Oliver Dunne Restaurant Group
The Oliver Dunne Restaurant Group is a big player in the hospitality industry. They own multiple restaurants with unique dining experiences. Their restaurants are famous for their great food and service. To stay profitable, they needed to cut energy costs without sacrificing efficiency.
The Group saved 28% on energy costs by renegotiating contracts and choosing more affordable suppliers. Reliable energy supply improved operations and ensured uninterrupted service. Quarterly reviews tracked energy usage and spending, saving costs and staying updated on industry changes.
“I worked with Procure to cut our business utility costs, and I’m really impressed. They were professional from the get-go, finding us savings without any fuss. They did a deep dive into our energy use, came up with a smart plan, and got us better deals. They kept us updated on our progress, and it’s clear they know what they are doing”.
Graham Dunne, Director
Oliver Dunne Restaurants
Check out the full Case Study.
Dedicated Account Manager
He expertly manages the sales operations while building strong relationships with customers and partnering with them to better understand their business objective and energy needs.
John Small
