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

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15 Nov

Who is the Cheapest Business Energy Supplier?

by Simon Thompson
 

The cost of business energy can easily be damaging to your business if it isn’t kept under control, which is why we have created this guide to finding cheap business energy.

Most business energy suppliers will not publish a list of their tariffs as they don’t want their competitors to know too much about them, but they usually publish their deemed and out-of-contract rates.

Deemed vs Out-of-Contract Rates explained

What’s the difference between deemed and out-of-contract rates and how can they help you get a cheap business electricity deal?

Deemed rates are the name given to the rates you are charged when you have no active contract to supply your business with energy – this usually happens when you move to new business premises. The current energy supplier will assume you want to continue with an uninterrupted supply of energy and so continue to supply the property with energy, but at a much higher price than normal.

You are, therefore “deemed” to have agreed to be supplied by the previous building occupant’s energy supplier until you sign a new contract with them or switch to a new energy supplier.

Out-of-contract rates are very similar to deemed rates but they come into play when your existing contract with a supplier ends and you haven’t put a new one in place, or you are consistently behind with paying your energy bills.

How to get cheaper business energy

Comparing prices and switching your business energy supplier is probably the best way to get cheaper business energy – whether that be business electricity or business gas.

However, research has shown that only 21% of micro and small businesses switched their business suppliers last year. Meaning 79% of micro and small businesses are probably paying too much for their business energy.

This seems silly, especially when it has never been easier to compare business energy suppliers online. You can do that easily through the experts at D-ENERGi.

The important thing to remember is that you should never sign a new contract before you have compared suppliers and tariffs. Just by contacting D-ENERGi and asking us to get you a few quotes, you could reduce your business energy bills by up to 60%.

There is no one business energy supplier who comes out as cheapest for all businesses. The rate you pay is based on various things such as

  • Business type
  • Location
  • Profile class
  • Usage

 

This is why it is so important to compare quotes to make sure you are getting the best deal. Contact the team at D-ENERGi today to ensure you find cheap business gas and cheap business electricity quotes.