If you want to enjoy the lowest business gas rates available, then you’ll need to do some homework first.
That’s because the UK’s business gas supply market is extremely competitive and depending on your location and needs there will undoubtedly be a cheaper deal available.
It’s just a question of finding it.
While you could contact business gas suppliers directly, this is obviously time-consuming and if you restrict your search to the ‘Big Six’ energy suppliers, you may find their offers are fairly similar.
Find a business gas supplier
You could use a comparison site to find a business gas supplier and compare their offerings, but the site may not be searching the whole market so you will probably miss out on cheaper, better deals.
Also, don’t be baffled by industry jargon and you will need to calculate what a new supplier is offering with their unit rate and standing charge. Be wary of an offer with much lower unit rates as this may have a higher standing charge to compensate.
The best time to search for a new business gas supplier is when your current contract is due to end as this opens a window of opportunity to move providers.
Failing to do this may see you being rolled onto a ‘deemed’ contract, which tends to have higher rates, and you may be tied into this new contract for 12 months, depending on the size of your firm.
Searching for cheaper business gas bills
Another tactic when searching for cheaper business gas bills is to opt for a longer business energy contract.
Most suppliers will offer a one-year deal but it is possible to access deals of two and three years and potentially up to five years. This will help some firms with cash flow and business planning.
However, you also need to appreciate that once you agree to switch there’s no ‘cooling off’ period, as there is when arranging energy for our homes, and if you cancel a new contract then there may be a penalty to be paid.
The other important consideration is that when it comes to switching business gas supplier is the fact they will offer a contract that is tailored to your needs. So, as such, there is not really an off-the-shelf offering which makes comparing different contracts on a like-for-like basis more difficult.
Thankfully, there is help at hand and the D-Energi team can explain more about how you and your firm can enjoy low business gas rates by simply switching providers.