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21 Aug

How to Understand Business Electricity Prices

by Simon Thompson
 

While the process to find a new energy provider can appear complex, it’s important to understand how business electricity prices are calculated.

That’s because electricity suppliers will offer a business a range of fixed-rate tariffs, usually over one or two years and some will offer three or five years.

For some firms, this longer contract is worth considering since the prices are likely to be cheaper and help protect the business from any potential future price increases.

The tariff may also come with a discount should the business pay by direct debit and it’s also possible to source green energy options which may be attractive for those firms looking to boost their green credentials.

Finding business gas suppliers UK

This issue of longer contracts also extends to finding business gas suppliers UK and for both electricity and gas, there are other influences on the prices being quoted.

The obvious factors will include how large your business is and how many employees you have and some new energy providers may offer an energy consultancy to help you reduce consumption levels.

This consultancy will not only help reduce your gas bills even further but may also look at your electricity and water bills to ensure that you have not been overcharged by a provider.

Not every potential energy supplier will offer a consultancy but it’s something that is worth considering as part of a package when deciding to switch providers.

Cheap business gas prices

Finding cheap business gas prices will also mean appreciating that the location of your business will also have an influence.

That’s because prices vary on a regional basis and you’ll need to contact several potential providers to ensure you are on the best tariff.

The easiest way of going about this is to speak with the experts at D-Energi who have access to the entire market and can find in just a few minutes, the best deal for meeting your needs.

Alternatively, you could use an online comparison site for this purpose or speak with providers directly but both routes can be time-consuming and there may be better deals available since neither will be searching for the whole market.

For more help and information to understand business electricity prices, as well as gas prices, you should speak with the experts at D-Energi today.