Enjoy Cheap Business Gas and Electric Bills
With a little bit of effort, all firms can enjoy cheap business gas and electric bills.
The process to sourcing a new supplier is simpler thanks to legislation and competition in the market which has intensified and means that with more suppliers there is the opportunity to find a much lower tariff.
Indeed, for most organisations finding cheaper business energy bills is a crucial way to lower overheads.
The first step in the process to switching business energy suppliers is to look at their current bill to find out what their contract rates are.
This simple piece of information can then be used as a benchmark to find out what other suppliers are charging similar firms.
This is because there is no set tariff and energy suppliers will tailor their offering to a firm’s needs and usage for them to access the cheapest energy tariffs and reduce their energy bills.
More cheap business gas supplier firms entering the market
As mentioned previously, with so many more cheap business gas supplier firms entering the market and electricity providers too, it is essential that prices are compared on a regular basis because the costs will vary between each supplier.
Indeed, by using a business comparison website or utilising the services of experts in the field, a firm can find out in a few minutes how much they should be saving.
There are some other issues to consider when looking at a quote from a potential supplier and it’s not just about the unit rate.
Firms must appreciate that while some energy tariffs will have lower prices per unit their standing charges may be much higher. This means that the overall bill may be more expensive than the firm is expecting.
It’s also important that the organisation knows when their current energy contract will end because there will be a window of opportunity for them to terminate it and switch suppliers.
By failing to cancel the energy contract, the firm may then be rolled over onto a contract that will have prices that are probably much higher than from other suppliers.
Many businesses allow this situation to occur every year and some see prices rocketing by 60% as a result.
Switch business energy suppliers
The good news is that the firm is then on a ‘deemed’ contract and they can switch business energy suppliers more easily and enjoy much lower bills as a result.
There is no harm in an organisation looking to get quotes from potential new suppliers in the run-up to their energy contract coming to an end.
Indeed, this may be a good way to haggle with a current energy supplier to obtain a lower tariff.
The firm should also recognise too that they can enjoy extra discounts since some suppliers will offer discounts of between 2% and 5% for paying their bill by direct debit.
It may also be possible for a firm to enjoy lower prices if they fix their energy tariff for a longer term – this makes sense should the firm believe that energy prices will increase during the length of the contract.
The other positive for fixing a tariff for a long-term contract is that the firm will know how much they should be budgeting for and this will help with their cash flow management.
Looking to switch energy suppliers
Also, when looking to switch energy suppliers, it may be possible to enjoy additional services such as analysing their energy consumption and installing smart meters to analyse where and when energy is being used.
This could lead to efficiencies being introduced and better ways of working to lower bills.
Another consideration for a firm looking to lower their energy bills is to consider switching to a green energy supplier.
Not only will this simple tactic help boost their environmental credentials, they may also enjoy much lower bills as a result.
It’s worth highlighting that the number of renewable business energy providers is increasing and it’s possible to find out exactly where their energy is being sourced from; most are using solar panels and wind turbines.
It’s also possible to make further savings on a firm’s energy bill by switching peak energy use to times where tariffs are lower and an energy consultant may be able to help with this.
However, the most effective way to access cheap business gas and electric bills is to utilise the services of a firm that not only understands the market but also knows how to get the best tariffs on offer that best meet the business’s needs – so for firms interested in lower bills they should contact the experts at D-Energi to find out more.