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29 Aug

Swap Your Business Electricity Supplier to Save On Costs

by Simon Thompson
 

All firms and organisation should be looking at their overheads on a regular basis to save on costs and swapping your business electricity supplier is an effective way to do this. But how easy is it to do in practice?

Well, a survey from the government has highlighted that around 40% of firms in the UK have never switched their energy provider.

These level of inaction means they are probably paying more than is necessary for their energy costs so they would more than likely save a substantial amount by swapping to a new provider.

And finding new energy suppliers is straightforward and when you decide to switch there is no loss of supply to your premises.

But how much can your business save?

Business electricity rates being offered

The answer depends on the business electricity rates being offered which will depend on much energy you use, where you are located and the type of business you are in.

There’s no doubt this is a tempting way to cut costs and there’s a financial incentive for researching the marketplace to contact energy providers directly.

It’s also important to understand that an energy provider must offer a bespoke deal that is designed to meet your needs and you cannot access a dual fuel deal though you can have the same provider deliver electricity and gas to your premises.

The process of finding and then contacting suppliers directly can be confusing and time-consuming so it may make sense to use an online comparison site.

An easy way to find cheaper business electricity rates

These sites offer an easy way to find cheaper business electricity rates but they may not be accessing all of the potential suppliers – so you may miss out on even cheaper and better deals.

Also, you may believe that by using a comparison site you can do everything online and not speak with the supplier directly but, as mentioned previously, they will need to tailor their offering to your own specific requirements, so you will still need to contact them.

It’s also worthwhile speaking to the D-Energi experts for them to explain other ways of saving more money on your energy overheads such as signing up to a flexible or fixed deal, agreeing to a longer contract of two or three years and even accepting the offer of an energy consultancy to reduce your bills further.

If you and your business would like to know more about how to save on costs by swapping your business electricity supplier, then it’s time to speak with the experts at D-Energi.

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