Managing your overheads is a key concern for all businesses, and electricity costs are one of your biggest expenses, especially if you have a large office space. That’s why it’s important that you shop around for the best electricity deals and switch when it makes sense. If you compare business electricity prices on a regular basis, you can save yourself a lot of money that could be better spent on furthering your business.
Electricity prices change all of the time, so even if your tariff was the cheapest option when you took it out, that doesn’t mean that it is right now. There may be many cheaper options out there, so when it is time to renew your tariff, you should always use our business electricity comparison site to see if you could be saving money.
It’s not just the cost that you need to consider either, it’s also the level of service that you receive. You rely on a reliable business electricity provider to keep your company up and running, and if there is a problem, you need a good customer service department that will fix things right away. If you are unhappy with the service from your current provider, you should switch to a different business electricity supplier.
If you have ever switched energy providers at home, you will know how easy the process is. It works in much the same way when switching business electricity providers, although there are a few small differences. Firstly, there is no 14 day cooling off period, which is why it is important that you use a business electricity comparison service to ensure that you are making the right decision.
A provider may also refuse to allow the switch if you are still in contract with them or if you are in debt to them. Aside from these restrictions, the process of switching is simple and it will all be handled by your new provider.
This is one of the most common questions that business owners have about switching, but it is hard to give an exact answer. All businesses are different and the savings that you make depend on the size of your building, the number of employees that you have, and the energy efficiency of your business. The best way to find out how much you will save is to use our business electricity comparison site and see what other tariffs are available to you.
A lot of business owners are concerned that switching will cause disruptions that lead to loss of revenue for their company. But you do not need to worry about this at all because, when you switch business electricity, nothing changes apart from the supplier. The same lines and equipment are used, so your service will not be disrupted at all, you will just save money.
When comparing business electricity deals, it is important that you understand the different types of tariffs that are available. Energy providers offer both fixed rate and flexible tariffs, but fixed rate tends to be the best for businesses as they offer protection from price increases. With a fixed rate tariff, you will pay the same price for a set period as agreed when you switch energy providers. The only potential downside to this is that you will not benefit from savings if the price of business electricity drops.
Flexible tariffs can help you to save money, but there is always a risk that prices will increase and you will spend more. It is important that you consider this risk when switching business electricity providers and deciding which kind of tariff is best for you.
A deemed contract usually applies in one of two situations. Firstly, if you move into a new premises, the previous energy provider will continue to supply energy and charge you for it, even though you do not have an agreed upon contract with them. Secondly, if you reach the end of a contract and do not negotiate a new one, you will be moved over to a deemed contract.
The average cost of business electricity on a deemed contract is 80% higher than a standard contract, so it is important to avoid this. When your contract is up or when you move into a new premises, you need to use a business electricity comparison site to find a new tariff right away, so you are not wasting money.
Your electricity bill has all of the information that you need if you want to switch providers, so it is important to keep at least one recent bill. You will need:
If you know your meter number, that will help the process along as well, but it is not essential. When you are comparing business electricity quotes, it helps to be as detailed as possible.
Green electricity is electricity that has been generated using renewable sources, like solar and wind. If you want to reduce the environmental impact that your business has, you should look for business electricity providers that produce green electricity.
Comparing business electricity is a simple process. All you need to do is answer a few simple questions and input some information about your business and your current provider and we will handle the rest. We will compare all of the available tariffs and give you a list, with estimated prices and information about the company, like their environmental credentials, for example.