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17 Oct

Reducing Your Business Electricity Rates

by Simon Thompson
 

For most businesses and organisations, their energy overheads are one of their biggest outgoings so reducing your business electricity rates will help reduce costs.

Indeed, it makes business sense to know what the options are for a business wanting to switch so comparing the offerings between providers will help find the best deal.

But why should a business switch their business electricity provider? The answer is to avoid paying more than they should be doing.

That’s because the average price increase for electricity bills being paid by businesses between 2016 and 2017, was 3.5%.

The costs for electricity change on a regular basis so knowing how to save money will prove fruitful.

Switching to a new business electricity supplier

The switching to a new business electricity supplier is not always about saving money.

Indeed, you could choose to switch for a tariff that better suits your needs or to enjoy better levels of customer services. Or you may decide that your firm should sign up to a supplier who generates electricity from renewable sources, such as wind or solar.

One of these new providers may also offer the ability to enjoy a consultancy to help you reduce the amount of electricity used in the firm, so you enjoy long-term savings.

It’s also important to understand that electricity suppliers cannot lock the business into an automatic rollover contract anymore and you will not be charged exit fees when you decide to switch from one of these contracts.

Enjoying lower business electricity rates

Essentially, this makes it easier to switch to a new provider and enjoy lower business electricity rates as a result.

While you could contact providers directly, you need to understand that the quoting process for a business is different from that for our homes.

This makes it difficult to predict what your average saving will be and will depend on a range of factors including where your business is located, how many people will be on site and how much electricity you use.

It’s also possible to enjoy lower rates if you sign up for more than one year, with some providers offering better deals for contracts that run for two, three and even five years.

The best way to overcome these obstacles is to contact the team at D-Energi who will explain the steps to reducing your business electricity rates and take care of the switchover process as well.

streamextreme.cc