Energy costs for small company

gorgeousme

I run a small company from home  and I am worried about the high energy bills in the next year or two. The current £6 per week is rubbish and doesn’t even make a dent on the actual bill. I loath the thought of putting together a complicated formula based on working hours and the number of rooms for a more accurate sum.

I would like to hear from anyone who is running their own company ( not sole trader or partnership) at home  and what you are planning to do re energy costs in the near future.

macman

What sort of company? If you are running it from home, you would be better off on your domestic tariff. VAT at 5%, not 20%.
Do you already have separate metering for the business?

gorgeousme

Office based business from home so no separate meter.

macman

So why don't you just agree with your accountant on allocating a percentage proportion of your domestic utility bills (energy, water, telcoms etc) to your business? There must be millions of small businesses who do it this way. I appreciate that the reporting system is more onerous for a ltd company than a sole trader, but once you've got a percentage agreed it's simple enough, then you just log the monthly amount and calculate the allocation. 
What do you mean by 'the current £6' a week? that suggests that this is what you are already doing and you just need to increase the rate to a realistic one.