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29 Dec

How to Switch Business Energy Suppliers

by Simon Thompson
 

It may have been a long time since your business looked at your energy overheads but it is easy to switch business energy suppliers and enjoy lower bills.

Indeed, your business may never have looked at switching previously and you’ll be among the 40% of firms that a government survey revealed had never switched energy suppliers.

However, the government is keen for increasing competition in the marketplace which will lead to lower bills so all firms should be looking every year to see whether they can get a better deal for their energy supply elsewhere.

The easiest and simplest way to find low prices and undertake the switchover process is to speak with the D-Energi team who can do this in a few minutes. Alternatively, you could search the marketplace for yourself.

Switching business electricity suppliers

The first issue that will become apparent should you undertake a search is that switching business electricity suppliers is not quite as straightforward as it is for our homes.

The first problem is that it is more difficult to carry out a like-for-like comparison between potential suppliers since they must offer a bespoke deal that will meet your business needs.

The other issue is that you may have been rolled over onto a ‘deemed’ contract and until you research the marketplace you may not be aware just how much more you are paying for your energy needs than you should be doing.

That’s not the fault of your energy supplier since they may have contacted you before the rollover contract started. They are also under no obligation to offer their best rates on their deemed contract.

Switching business gas suppliers

While this does sound to be rather unfair, the same situation applies when switching business gas suppliers. Again, their contracts come up for renewal every year and all firms and organisations should check the marketplace to ensure they are on the best possible deal.

And, let’s face facts, it is possible for even a small firm to save hundreds of pounds by switching while larger firms can save thousands of pounds within minutes.

However, it is also important that you cannot switch suppliers in the middle of a contract without paying a penalty and you should switch during a window of opportunity. You could sign up with a new supplier for between one and three years at lower rates.

By doing this you will be helping your future cash flow forecasts because you will know what your energy bills are likely to be. With energy costs set to continue rising, this is an effective way for a business to save money.

 

So, if you want to know how to switch business energy suppliers to enjoy lower energy bills, then it’s time to contact the team of experts at D-Energi who will find a deal to suit you and your business needs.

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