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Commercial renters can be paying too much for energy Magazine

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Commercial energy price comparison expert Love Energy Savings is urging business owners who rent their premises to take greater power over their finances.

MD Phil Foster, pictured, believes that many renters may be paying too much because of their gas and electricity because doing so isn’t crystal clear within the relations to their tenancy relating to who supplies their energy.

His comments came soon after research within the British Chambers of Commerce indicated that 27% of economic owners who rent a location feel rivals influence over energy-efficiency improvements in their building.

“With commercial property rents rising again, it’s crucial that people find methods of trim their outgoings,” said Phil.

“Communication is the vital thing. Confer with your landlord, building manager and also supplier quickly, and assure you’re finding a raw deal. Inquire further provided you can make energy-efficiency changes, if they say no, determine why.”

It’s not only for inefficient buildings which can be causing businesses to shed money unnecessarily. Many commercial tenants assume they will be about the cheapest energy tariff every time they transfer to home, nevertheless is never so. Suppliers will often carry over the previous tenant’s contract this is highly unlikely that is the best deal.

Phil advised that company owners familiarise themselves when using the relations to their tenancy agreement immediately.

“If the tenant is mainly responsible for the meter they’re able to dictate the supplier, However, in the serviced company the owner agrees the contracts and recharges the purchase price on the tenants,” he continued.

“The landlord might be to blame for any unoccupied space and thus it is in everybody’s interest to help them to make the best possible rates. Generally speaking, the agreed lease says who’s doing what with energy.

“There is a sub clause that states the landlord will make the best effort to have a fair deal for his or her tenant.”

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