How Can Energy Benchmarking Transform UK Small Business Expenses?

• Energy benchmarking can significantly reduce UK small business expenses.
• Troocost, a Newcastle-based startup, offers a transparent, customer-centered approach to energy benchmarking.
• By allowing suppliers to compete for business and ensuring no hidden commission fees, Troocost can save businesses considerable sums of money each year.

As a small business owner, finding ways to reduce overhead costs is always a top priority. Energy costs, particularly, can make a significant dent in your budget, especially if you’re not getting the best deal. Unfortunately, the energy market can be complex and difficult to navigate, with brokers often hiding commission fees that inflate your expenses. This is where energy benchmarking startups like Troocost come in, revolutionising the way your business handles energy costs.

Troocost, a startup based in Newcastle upon Tyne, is changing the game for small and medium-sized businesses in the UK. They’ve developed a business centered around transparency and competitively priced energy supplies, which can result in significant savings for their customers.

What sets Troocost apart is their fair and transparent approach to energy supply. Unlike conventional brokers, Troocost does not conceal any fees in your energy prices. Instead, suppliers pay a flat fee to Troocost for the opportunity to compete for your business with their best prices. Not only does this allow businesses to compare and select the best supplier for their needs, but it also ensures they pay their bills directly to the supplier with no hidden costs.

Troocost’s customer-first approach hands power back to the businesses. Rather than being stuck in a profit-driven cycle where commissions are hidden in increasing unit rates, businesses can engage with their energy suppliers on an equal footing. Troocost also provides the opportunity for businesses to get an unbiased, straightforward comparison of energy costs.

Troocost’s innovative approach to energy benchmarking has the potential to significantly impact the business expenses of small and medium-sized businesses across the UK. By flipping the conventional model on its head and giving the power back to businesses, they are reinventing the energy market and paving the way for a fairer and more transparent industry.

Looking towards the future, the impact of companies like Troocost could reshape the energy market as a whole. By fostering competition amongst suppliers and ensuring no hidden fees, Troocost is setting a new standard for transparency in the market. Check out more about their work on their website, or connect with them on Twitter, Facebook and LinkedIn.