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5 May

How Easy Is It To Switch Energy Suppliers

by Simon Thompson
 

For any business asking how easy is it to switch energy suppliers, the answer is very easy.

The process itself is simple and straightforward and the government, along with the regulator Ofgem, encourage firms to shop around and find better energy deals.

It’s also important that when it comes to switching energy suppliers that there is no loss of energy supply to the firm’s business.

Indeed, it’s also possible to enjoy the services of experts who know how the market works and can source a cheaper deal and then take care of the switchover process itself.

This will mean speaking with the expert team at D-Energi who have the expertise and experience to deliver what a business is looking for.

Government is keen that firms switch energy suppliers

One of the reasons that the government is keen that firms switch energy suppliers is to encourage competition in the marketplace so that prices will fall and firms will see their overheads reduce as a result.

In addition, new suppliers are also offering better levels of customer service and some offer energy audits as well.

There’s a lot to recommend switching energy providers for business because this is an exercise that should be undertaken annually when their contract renewal comes up for discussion.

It’s important to remember that a business cannot switch energy supplier mid-contract and they must wait until the contract is due for renewal and the supplier will contact them with their new terms.

Inevitably, there will be suppliers available who will offer energy at a lower rate and some firms can save several thousands of pounds by simply switching suppliers.

Energy switch by a firm can occur every year

In addition, the energy switch by a firm can occur every year in a bid to maintain current rates or find cheaper energy rates by simply switching energy providers when the contract is due.

It’s also important to appreciate that around 40% of firms admit they have never switched energy providers which mean they are probably paying more than they need to for their energy supply.

And since all firms will need electricity supply for their day-to-day functions means this is a crucial cost for the business to pay.

Also, firms who do not switch every year when their contract is due for renewal must appreciate their supplier will probably move them across to a ‘deemed’ contract where the rates are often very much higher than they currently pay. If your firm is on a deemed contract then it’s time to make a quick phone call to reduce energy costs.

 

More help and information about how a firm can switch energy suppliers to save money and boost profitability is available from the D-Energi team.

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