SmartCompany
15 March, 2022
Power bills for small businesses reliant on ‘default’ energy offers are projected to rise anywhere between 15% and 33% from July this year, with regulators now urging struggling businesses to seek out government relief programs to cope with the impending bill shock.
November data compiled by business lender OnDeck found two thirds of small businesses have felt the effect of rising power prices, with one in four claiming energy bills were a greater cost concern than fuel and the price of obtaining stock.
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