Save EVERY Time You Compare Energy Prices
Even though it can be a confusing process, your business can save every time you compare energy prices between suppliers.
There's the potential to substantially reduce overheads and every business should carry out this exercise every year.
And since most businesses will be using more energy than the average home, it's important to have control over how much you are being charged and to be on the correct business energy tariff that will meet your needs.
Essentially, when comparing business energy rates between suppliers, there will be two types of contracts being offered.
Appreciate what business energy prices per kWh
The contracts will either be a flexible rate or a fixed tariff so it may pay to appreciate what business energy prices per kWh
That's because both types of these tariffs will offer a unit cost and both tariffs will have disadvantages and advantages.
It's important that you compare thoroughly all commercial energy tariffs from suppliers before making a decision to switch and the issue of business energy prices per kilowatt hour will play an important role in this process.
But, like most things in life, you need to be aware of standing charges because the supplier may offer a low price per kilowatt hour but have a hefty standing charge instead.
Indeed, what appears to be a great deal because of a low unit price may be no such thing once you calculate the real costs including the standing charge – which helps pay for the network to supply energy to your premises.
Business electricity rates per kWh
Most firms and organisations will sign up for a fixed rate contract where the business electricity rates per kWh
are agreed for the next year.
For cheaper rates, it is possible to sign up for a longer term business energy contract which may prove useful to some firms because it will help with cash flow and your firm will know what the energy bills are going to be.
The alternative is to sign up to a flexible rate contract, some suppliers call them variable rate contracts, and these are linked in market activity.
Essentially, the cost of your energy may fall or increase in the duration of your contract so in a severe winter, for example, you may see a variable business energy tariff being increased.
The best way to save when you compare energy prices is to contact the team at D-Energi who have the expertise to search the entire marketplace and find a tariff that will not only meet your needs but be much cheaper as well.