Home
Back
Business Gas Saving Formula:
| From: | To: |
The Business Gas Saving Calculator helps businesses estimate potential savings when switching between different gas rates. It calculates the financial difference between your current gas rate and a proposed new rate based on your usage.
The calculator uses a simple formula:
Where:
Explanation: The formula calculates the difference in cost between your current and proposed gas rates multiplied by your usage to determine total potential savings.
Details: Regularly analyzing gas costs helps businesses identify savings opportunities, budget more accurately, and make informed decisions about energy contracts and suppliers.
Tips: Enter your current gas rate in £/unit, the proposed new rate in £/unit, and your estimated gas usage in units. All values must be positive numbers.
Q1: What units should I use for gas consumption?
A: Use the same units as your gas bill, typically kWh (kilowatt-hours) or cubic meters. Make sure your rates match these units.
Q2: Should I include standing charges in this calculation?
A: This calculator focuses on unit rates only. For a complete comparison, you should also consider any differences in standing charges between suppliers.
Q3: How accurate is this savings estimate?
A: This provides a basic estimate. Actual savings may vary based on consumption patterns, contract terms, and any additional fees.
Q4: How often should I review my gas rates?
A: It's recommended to review your energy costs annually or whenever your contract is nearing renewal to ensure you're getting the best deal.
Q5: Are there other factors to consider when switching suppliers?
A: Yes, consider contract length, exit fees, customer service quality, and renewable energy options in addition to price.