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16 Jul

How to Swap to Cheaper Commercial Electricity Rates

by Simon Thompson

It’s important that all firms and organisations are not paying more than they need to for their energy needs and they’re able to swap to cheaper commercial electricity rates if so.

Indeed, the sector’s watchdog Ofgem recommends firms compare energy deals and tariffs regularly to help ensure they are on the right deal for them.

This is something of an issue since a government survey revealed recently that around 40% of firms in the UK have never bothered switching their energy providers.

This means they’ve probably been moved onto more expensive deals automatically when they can find cheaper tariffs in just a few minutes.

A cheaper commercial electricity quote

Sourcing a cheaper commercial electricity quote can be done easily by either contacting electricity providers directly, giving them a few details and see what they have to offer for your business.

The firm can also use an online comparison site to search more easily for a cheaper energy provider.

However, the comparison site may not search the whole of the market so there may be better and cheaper deals available that the firm won’t get to hear about.

This comparison site process should reveal the cheaper tariffs though a lot depends on the firm’s location, how much energy they use and they could utilise the information to negotiate a better deal with their current provider.

However, it’s important that they do act when their current supplier contacts them with details of the following year’s energy contract prices because this is the prompt they need to switch energy providers.

Finding cheaper electric prices will reduce overheads

There’s no doubt that by finding cheaper electric prices will help reduce overheads and boost profitability and the process is not daunting.

Indeed, the switchover process is not only simple but it’s seamless so there’s no loss of electricity supply to the premises when this is undertaken.

It’s also possible for a firm with several premises to have just one supplier and one bill covering all of their outlets.

Firms could also find cheaper prices if they want to sign up for more than a year’s contract, which might be a good idea if you believe electric prices may rise over the short term.

If you would like to know more about how you can swap to cheaper commercial electricity rates and deal with experts with lots of experience in doing so, then it’s time to speak with the friendly team at D-Energi.