Charities play an essential role in addressing societal issues and making a positive impact on people’s lives. However, managing a charity can be challenging, and controlling costs is critical for ensuring that the organisation operates effectively. One of the most significant costs for many charities is energy. As such, fixing energy costs can be an effective way to help charities manage their budgets and plan for the future. Sally-Ann Beaver, Sales Director for Utility Aid explains why.
In recent years, we have all seen energy costs fluctuate significantly, making it difficult for charities to budget accurately. This can be especially problematic for smaller charities that may not have large reserves to fall back on if unexpected energy costs arise. By fixing energy costs, charities can plan their budgets with more certainty and have greater control over their expenses.
Another benefit of fixing energy costs is that it can help charities to be more sustainable. Many charities are committed to reducing their carbon footprint and becoming more environmentally friendly. By locking in energy costs, charities can budget for renewable energy sources, such as solar or wind power, which may require a higher initial investment but can provide long-term savings and environmental benefits.
In addition to budgeting and sustainability benefits, fixing energy costs can also help charities to be more efficient. When energy prices are uncertain, charities may have to make reactive decisions, such as turning off heating or cooling systems, to save money. However, these decisions can negatively impact staff and service users’ comfort and well-being, and potentially damage equipment or facilities. By fixing energy costs, charities can plan for energy usage without worrying about unexpected spikes in bills, ensuring that staff and service users are comfortable, and facilities are maintained appropriately.
Finally, fixing energy costs can also provide charities with greater financial stability. Unpredictable energy costs can be a significant financial burden, making it difficult for charities to invest in other areas, such as staff training or service delivery. By fixing energy costs, charities can plan for energy expenses, freeing up resources to invest in other areas.
In conclusion, fixing energy costs can provide significant benefits for charities. By giving charities greater control over their expenses, planning for renewable energy sources, ensuring efficiency, and providing financial stability, fixed energy costs can help charities to focus on their core mission and make a more significant impact on the world. Charities should consider working with energy suppliers to explore fixed pricing options and take advantage of the benefits that come with it.
Source: BSA certified supplier – Utility Aid: UA | Sally-ann Beaver, Sales Director, discusses how fixing energy costs can be an effective way to help charities budget and plan for the future. (utility-aid.co.uk)
Categories: BSA News
