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21 Jun

Our Advice When Switching Business Energy Suppliers

by Simon Thompson
 

All firms and organisations should take time every year to find the best energy prices, so this article will help when switching business energy suppliers.

Among the reasons for a firm to switch will be to enjoy cheaper rates or better levels of customer service.

However, this is also an issue that lots of firms tend to neglect so they remain with a provider through inactivity.

The downside for this failure to act when a supplier gets in touch with details of your next contract is that they have probably been moved across to a deemed rates contract, which tends to cost more.

Switching business electricity suppliers

When it comes to switching business electricity suppliers, there’s more to the process than most firms will appreciate.

For example, you may find a deal with great prices but this may entail signing up for a long-term contract which may have various fees that you were not expecting.

It’s for this reason that you should review the contract being offered by an energy provider to ensure it meets your needs and you understand the details.

Our advice is important for those firms who are tempted to switch to suppliers offering very low prices and you should hesitate before signing a deal of more than two or three years, and some suppliers will offer five-year contract.

Switch business gas suppliers

The advice to be cautious also extends when you want to switch business gas suppliers and while these bills tend to be lower, it’s still worth shopping around.

In the hunt for a new energy provider, you should ask lots of questions and if there’s terminology being used that you don’t understand then ask for clarification. If the supplier is still not making their contract clear then it’s probably an opportunity to look elsewhere.

You also need to make clear what the unit charge and standing charges will be, whether there are cancellation fees and how often you will be billed.

Also, ask the provider about any hidden up-front fees which is also crucial.

It’s important that firms do not pay more than is necessary and you may be surprised that when you begin shopping around various energy providers how their rates vary and what potential savings can be made.

However, you may need help in comparing these offers which will be a bespoke offering from those who understand the market and the contracts being offered.

If you need more advice about switching business energy suppliers and to access the best possible deal, then you need to speak with the experts at D-Energi.