Energy Ep. 2 - Decoding Energy Bills

Explicit content warning

11/20/24 • 29 min

In the second episode of Leyton’s Expert Exchange Energy Miniseries, we dive deep into the intricacies of energy pricing for UK businesses. Our Head of Energy, Zach Crossland, sits down with a Senior Energy Consultant, Ian White of Mindful Energy, to explore the often-overlooked factors that go into your energy bill.
Ian explains the multiple factors that impact pricing, including the global forces shaping energy costs; this insightful discussion will help you better understand the numbers behind the bill. Together, Zach and Ian break down strategies you can take as a business to mitigate the risk of fluctuating energy prices and the changing landscape.
Whether you’re a business navigating rising energy costs or simply curious about energy pricing, this episode offers valuable perspectives and practical takeaways to help you stay informed.
Tune in now to uncover the story behind the cost of energy!
Interested in Partnering with Leyton UK? Our Strategic Partnership team works closely with a wide range of partners; from clients to Accountants, Private Equity, Venture Capitalists, Financial Advisors, Non-Executives, membership organisations and trade bodies across all major sectors. Get started now -https://leyton.com/uk/interested-in-partnering/?utm_source=LEEP&utm_medium=IntroEp&utm_campaign=LEEP&utm_id=partner+content
00:00 - Introduction
01:07 - Who are Mindful Energy?
01:40 - What drives commodity costs in energy bills?
03:45 - What is going on globally that is impacting the price of energy?
05:43 - What can UK businesses do to mitigate the outside risks?
10:24 - What does the next 12 months look like for energy pricing?
13:44 - What questions can a Financial Director or CFO ask when it comes to checking if they have a good energy deal?
15:08 - How important is it for businesses to understand how they use their energy?
17:40 - The importance of breaking down your business energy bill.
19:22 - The importance of engaging outside consultancy to review your energy pricing.
20:48 - Ian's advice for businesses looking to review their energy
22:10 - Zach explains the non-commodity costs in an energy bill.
24:45 - Are UK businesses aware of the savings they can make on the non-commodity costs of their energy bill?
28:56 - Concluding statements & a look at Episode 3

Interested in Partnering with Leyton UK? Our Strategic Partnership team works closely with a wide range of partners; from clients to Accountants, Private Equity, Venture Capitalists, Financial Advisors, Non-Executives, membership organisations and trade bodies across all major sectors. Get started now -https://leyton.com/uk/interested-in-partnering/?utm_source=LEEP&utm_medium=IntroEp&utm_campaign=LEEP&utm_id=partner+content

Previous Episode

Energy Ep. 1 - The Hidden Costs Of Energy Bills & How To Mitigate Them

In this episode of Leyton's Expert Exchange podcast, we kick off our new mini-series on Energy Tax Exemptions in the UK. We’re joined by Zach Crossland, Head of Energy for Leyton UK, to explore how businesses can uncover hidden savings and reduce their energy bills.

We discuss:

The key components that make up a typical energy bill
The impact of non-commodity costs and how businesses can mitigate them
Energy tax exemptions: who qualifies and how they reduce costs
Practical strategies businesses can use to cut energy expenses

Zach also shares how Leyton supports businesses in navigating complex energy tax exemptions, identifying cost-saving opportunities, and boosting overall efficiency. This is an essential listen for any UK business looking to manage energy costs more effectively.
00:00 - Introduction
00:41 - What are the key components that make up an energy bill & what should UK businesses consider when reviewing these costs?
02:58 - What factors have contributed to the rise in costs of energy?
07:35 - What strategies or steps can businesses take to lower the non-commodity costs of their energy bills?
13:09 - Eligibility is down to business activity. Is there an easy way for businesses to determine if it's worth speaking to a tax advisor?
16:22 - How can Leyton help UK businesses access Energy Tax Exemptions?
23:15 - Sneak peek at the rest of the mini-series & outro

Next Episode

Energy Ep. 3 - Carbon Reporting 101: Why It Matters and How It Saves Your Business Money

In this episode, we explore the world of carbon reporting and why it’s becoming essential for businesses of all sizes. Our sustainability expert, Manal Touri, joins Head of Energy Zach Crossland to discuss what carbon reporting is, why it matters, and how it can help businesses save costs while reducing their carbon footprint.
We simplify the key concepts, including the difference between Scope 1, 2, and 3 emissions, and discuss the practical benefits—improving operational efficiency, meeting investor expectations, attracting top talent, and staying competitive.
Manal also highlights the challenges businesses face, from resource constraints to navigating complex reporting standards, and shares insights on where companies can start their journey toward sustainability. Whether you’re an SME or a large corporation, this episode is your guide to understanding and unlocking the power of carbon reporting.
Key topics include:
What is carbon reporting, and what does it look like?
The business case for carbon reporting: cost savings and brand reputation.
Breaking down Scope 1, 2, and 3 emissions.
Common challenges businesses face and how to overcome them.
Tune in to learn how carbon reporting can make your business greener and more profitable!