2 Jan
Compare Business Energy Prices to Save Money
Posted on Jan 2, 2024
by Pace Chan
When it comes to your business energy supplier it is possible to switch your business electricity and gas tariff or supplier to save a significant sum, but a business tariff is bespoke to the needs of your business and as such can vary wildly. Below we’ll list a few of our tips to ensure your business can save money via comparing business energy prices:
Compare Prices
When you’re looking for the best deal it helps to get a breakdown of unit rates and standing charges – this will keep you much more informed about what’s available and how much you should be paying as opposed to relying on estimated annual costs.
Fixed Tariff
Fixed tariffs are becoming the norm when it comes to business energy and it’s not uncommon for businesses to get a two or even three year fixed tariff. This varies depending on the supplier, and the longer fixed terms will tend to be more expensive as they’re constructed with a view to protecting them against any price rises in the future.
No Cooling Off
When it comes to business energy tariff’s there’s no cooling off period which makes it doubly important that you are 100 percent satisfied with the deal you’ve haggled. On top of this you will be locked into the contract once it is signed off meaning no switching if a better deal turns up six months in.
Be Aware Of Contract End Date
The onus is on you to arrange a new deal prior to your current contract. Depending on if you are a microbusiness or not termination can be served up to 30 days before your contract. This depends on your current supplier. At D-ENERGi we always put your contract end date and termination date on your invoices to keep you updated. At the end of your agreement, you may be put on standard variable tariff or deemed tariff, this depends on your current supplier terms If you wish to terminate your contract, you should send a written notice in writing to the postal address or email address of your energy supplier.
Let D-ENERGi Do All The Hard Work
As the UK’s One Stop Energy Solution Provider, we aim to offer you the most competitive prices – this also extends to offering a price match policy to ensure that existing and prospective customers feel valued too. On top of this we provide renewal reminders so you don’t get stuck with the same supplier and you can continue to take advantage of the most competitive rates.
Check out our customer reviews to see what we’ve done for some of the UK’s leading businesses. Get a quick quote today for comparison.
Switching your business energy supplier doesn’t have to be complicated but timing can make a big difference.
In this latest blog we will discuss when the best time to switch energy suppliers is and explain why some moments are better than others.
The best time to switch supplier
The ideal time to switch to a new energy supplier is when your current contract is coming to an end. This is the easiest time to switch as you are not locked into a contract with any supplier. Your current supplier should have contacted you to let you know that your current contract is coming to an end, requesting that you let them know your decision, either to stick or to switch. Switching to a new supplier is often recommended to ensure you continue to pay the best and cheapest prices for your business energy.
Choosing to remain with your current supplier by simply rolling over your contract may also mean that you are automatically placed onto a rollover contract with higher rates.
Whether you opt to stick or switch you should always discuss your options, guaranteeing you are getting the best price.
Is it possible to switch supplier mid-contract?
It is possible to end your contract early, however most energy providers will have an early exit fee. Your bill or online account will inform you of how much this exit fee will be. Typically you will only avoid paying an exit fee if your contract is set to end in less than 7 weeks. To determine whether this is truly a good idea, it is best to work out if you would still save money by switching even if you have to pay an exit fee and do your research into your new supplier before switching.
You should also make sure that your new supplier can provide you with the services you require. For example, you may currently have a business smart meter. If you want to continue using this you should check if the new supplier can offer the same.
Reasons to switch energy supplier
There are many reasons why you may wish to switch business energy suppliers. Some of the most obvious include wanting a better price or customer service. Or you may have simply come to the end of your fixed contract. However some businesses may be making the switch for more complex reasons.
For example, some businesses have decided to switch to renewable energy suppliers in a bid to cut their carbon footprint. As the mentality towards the environment and renewable energy shifts, it is expected that more and more businesses will follow suit in the next few years. Demanding that energy suppliers meet these new requirements of their customers.
Switching to D-ENERGi for business energy
If you are considering switching to a new business energy supplier, consider D-ENERGi as your first choice.
The team here is dedicated to supporting all our customers, old and new, in sourcing the very best business energy deals. Not only that but all electricity we supply is sourced from wind farms across the UK, making us a great choice for companies looking to enhance their approach to sustainability.
Switching business energy is easy, contact our energy experts to get a free quote or take a closer look at our products.
Read Article
If you are currently receiving business energy (gas or electricity) from an agreed business energy supplier, this blog is for you.
With the cost of living at such a high, and many businesses, particularly small and micro businesses navigating their way through increasing costs and expenses, as well as battling the change in consumer behaviour and spending as a result of the pandemic, saving money where you can is so important right now.
At D-ENERGi, we have spent time understanding just how difficult the last few years have been for our business energy customers and know how important it is for businesses to understand their outgoings and be sure they are paying for what they need and are not being overcharged. Which is why we have written this blog, to help businesses navigate the tricky world of energy costs.
Pay close attention to your energy bills
Firstly, you should be reading all your business energy bills and paying close attention to what they say. Although no one likes receiving a bill, it is an incredibly important part of ensuring you are not overpaying or paying for usage you do not require.
For example, you could be paying for an estimated amount of energy used if you fail to submit a meter reading and end up being overcharged. Alternatively, your supplier may have quoted you an incorrect price per kilowatt hour (kWh).
In addition to this, you should also be checking for any additional fees or charges that may not have been previously agreed which could add up to a considerable amount each month. The easiest way to check this is by comparing your bills from one month to the next and being sure that all figures line up with what has been agreed in your contract.
What to do if you think you are overpaying
The best thing you can do if you have spotted an overpayment or consecutive bills where you have been overcharged is to speak with your energy supplier directly. Get through to their customer service team and discuss your bills.
You should also make sure to take a look at your current energy contract and check all the terms and conditions. Your supplier may have added in additional fees or charges that you were not aware of, so it is worth double checking.
Finally, if after speaking with your supplier you still feel like you are overpaying, don’t be afraid to shop around and compare what similar energy suppliers are offering. Often, you can find a better deal that will save your business significant amounts of money each year.
At D-ENERGi we have become a trusted alternative to the big five energy suppliers in the UK for our business energy customers, and provide free quotes for any business looking to switch suppliers. Our friendly team will be happy to discuss the details of your business requirements and find you a solution to your problem. Afterall, it is better to spend some time getting the right business energy deal, than to be spending too much on your bills. Get in touch today for your free quote.
Read Article