D-ENERGi is a real alternative to the big six energy suppliers.

Incorporated in 2002 we have become one of the longest established and well respected UK independent businesses energy suppliers.

contact-banner

Main Form

Save

7 Apr

Sourcing a Cheap Commercial Electricity Quote

by Simon Thompson
 

Sourcing a cheap commercial electricity quote may lead to a business saving a substantial amount of money.

The amounts to be saved will vary depending on the firm’s size and energy needs but could be from several hundred pounds to thousands of pounds.

Obviously, this could be an amount of money to be saved from the organisation’s overheads that should not be ignored.

However, lots of companies do not search the market to find cheaper electricity suppliers when their current energy contract comes up for renewal.

This is despite the government striving to generate more competition within the business energy supply market which has seen more suppliers offering lower prices.

Indeed, the industry’s regulator Ofgem says that around 40% of firms do not take the time to switch suppliers.

Find better and cheaper commercial electricity rates

That’s a large number of organisations that could save a substantial amount of money for the price of a phone call or by simply visiting a comparison website to find better and cheaper commercial electricity rates.

By doing so, they will quickly see just how much they are overpaying for their electricity needs and will see an effective way of boosting the firm’s profitability by simply switching electricity suppliers.

Having mentioned business electric comparison websites, it should be noted that they may not be searching the entire market to find the best deal on offer for the firm.

However, the comparison website will, at the very least, offer the incentive for a business to look more closely at switching electricity supplier for their business for lower energy rates and better customer service.

Many suppliers will also help with an energy audit to see where further savings can be made by improving how energy is used, for instance, by switching off lights when no one is in the room or office.

Also, some firms may be confused about how the switchover process between suppliers actually works but the process itself is seamless.

Organisations should also note that while they switch suppliers, their electricity supply will be uninterrupted though they cannot switch to a new supplier mid-contract.

Paying higher electric prices

Though with 40% of firms not switching suppliers means they have probably automatically rolled over onto a new contract, these are known as ‘deemed’ contracts, so they are probably paying higher electric prices than they need to and can move suppliers under these terms.

There is independent help and advice from the government and Ofgem and there are various helpful guides to provide firms with the knowledge they need to progress with switching business electricity suppliers.

Along with using the services of a business comparison website, firms can also contact energy brokers who will find better tariffs for the business to enjoy and help with the switchover process.

They should also have an ongoing relationship so when the energy contract is due for renewal, the broker will begin the process of finding a cheaper and better supplier.

It should also be appreciated that energy brokers for businesses will also be able to source cheaper gas supply tariffs and also for water supply since the water market in England has now opened up to competition. These are all great ways for a firm to lower overheads.

As mentioned previously, it’s not just about finding the cheapest commercial electricity price since it’s also important that the level of customer service meets the business’s expectations.

This is where the experience of how the market operates and who is delivering the best levels of customer service will really come to the fore; most comparison websites will not have this level of knowledge.

Best business electricity prices and offers

The upside is the organisation will have access to the best business electricity prices and offers available when they are looking for a new energy supplier and, more importantly, when the time comes to renew the contract in a year’s time, there will be people with experience of what the firm needs and what the market can deliver.

It should also be appreciated that while the focus of this article is on how firms can reduce their overheads to boost profitability, the same level of savings can also be delivered to other organisations such as charities and public organisations.

 

To find out whether your firm or organisation can enjoy lower electricity prices then contact the team at the D-Energi where the experts will be able to help in sourcing a cheap commercial electricity quote quickly.