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25 Aug

Understanding Commercial Electricity Rates to Save

by Simon Thompson
 

In order for firms and organisations to save money on their overheads, it would help greatly if they understood commercial electricity rates.

One reason for this is that the deals and tariffs being offered will vary greatly between suppliers so comparing these prices is not quite so straightforward.

Among the reasons for this, is that there are more business electricity plans and deals available than there are for our homes.

This means that firms will need to spend time understanding which electricity plan will be right for them including the costs involved which will be influenced by the firm’s size, its location and type of industry they are in.

Get a commercial electricity quote

An effective way of working out the current market rate for a firm is to get a commercial electricity quote from several potential suppliers; this can be done easily on comparison websites.

This may be a time-consuming process but it will give you as the business owner a chance to see how much you may be overpaying for your business electricity needs.

The comparison websites will also highlight another issue in providing a like-for-like electricity quote since the supplier will need to provide a bespoke offering to meet the firm’s needs.

Again, this will take up more of your time which could be better spent running the business and also helps explain why around 40% of firms have never switched electricity suppliers, according to the government’s figures.

Finding cheaper electric prices for a business

Finding cheaper electric prices for a business can be done quickly and easily and that is to speak with experts who understand how the market works and who will have the best offers.

This will mean speaking with the helpful team D-Energi who have details of the entire market, unlike most comparison websites, and will have the latest deals available.

They will, with a few details from you, be able to ascertain what your firm’s needs are and then tailor an offering to meet these. The end result will be lower electric prices than you are currently paying.

For many firms, this will lead to big savings ranging from several hundred pounds to several thousands of pounds – depending on the size and type of your business.

 

For more help and advice when it comes to understanding commercial electricity rates, then speak with the D-Energi team.

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