4 Feb There are lots of reasons why a business owner should look to switching business energy suppliers and the main one is to enjoy a better deal elsewhere.
Lots of business owners will be too busy to find out how their electricity supplier works and to take the time to find a cheaper provider.
This is despite the opportunity of saving quite a lot of money and reducing their costs by spending a few minutes looking at the market to find a new energy provider.
However, there’s more to finding a new business electricity supplier than many business owners will imagine and here we will explain more.
Searching for new business electricity suppliers
Among the issues when searching for new business electricity suppliers is the question of the contract length since longer contracts tend to attract lower prices.
As a business, there may be other fees included that you may be unaware of and you’ll need to appreciate the standing charges as well.
That’s because the standing charge may be much higher than you currently pay, so while the supplier may offer a cheap unit price there may not be any savings to be enjoyed.
The first step when switching is always to review your business energy contract carefully to ensure it meets your needs.
Searching for new business gas suppliers
This is also the point to appreciate when searching for new business gas suppliers too and understand that there’s no cooling off period when you sign up to a new contract with an energy provider.
This means you may be tied into dearer energy rates than you currently pay.
It’s important that you ask the potential supplier lots of questions and do not be blindsided by the details, including the charges for early cancellation and any hidden fees that may be incurred.
Since energy bills are predicted to rise, it’s important that firms who are looking to enjoy cheaper energy deals do their homework properly and then scour the market place to find a deal that will best meet their needs.
Perhaps the easiest way of achieving this is to speak with the friendly team of experts at D-Energi who can check with all potential business energy suppliers to find a deal that meets your needs and will save you money when you switch.
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1 Feb With so many providers competing in the marketplace, there’s probably never been a better time to switch business gas suppliers UK for firms and organisations.
That is because switching your business or electricity supplier is one of the best ways of accessing the lowest prices and the best deals.
However, with so many suppliers competing for your custom, it can appear to be overwhelming trying to select the supplier who will best meet your needs.
The first step to switching is to know when your current gas supply contract comes up for renewal since this opens a window of opportunity to move providers and save money.
Business gas prices you have agreed to pay
The date for your energy contract renewal will be or should be, clearly stated on your energy contract and depending on the length of contract you sign, this could be several years ahead for the business gas prices you have agreed to pay.
The notice period will vary between suppliers, so it’s always worthwhile checking or you could ask your energy provider for this information and they must send a renewal letter.
Larger energy customers may not get a letter sent and if they don’t react within the specified time span, then they may be rolled onto another one-year contract and paying higher rates.
There are a number of issues affecting the prices that will be quoted, including your geographical location, your firm’s size and how much energy you use along with how long you would like your business gas contract to run for.
Firms wanting cheaper business electricity prices
This situation is the same for those firms wanting cheaper business electricity prices and they too will have a window of opportunity in which they must act.
It’s also not possible to enjoy a dual fuel deal to make the process of switching energy providers easier but you can have the same supplier delivering both gas and electricity to your premises.
In addition to understanding contract lengths, you also need to appreciate the unit price, that’s the price paid per kilowatt hour (kWh) of gas or electricity, along with a standing charge, which is a daily fee charged to maintain the National Grid.
As mentioned earlier, the process to switch business gas suppliers UK, and also for electricity, can appear to be confusing and daunting because so many suppliers are competing for your custom but the helpful team at D-Energi can help you find a better deal in just a few minutes and take care of the switchover process.
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23 Jan Since electricity is a key utility for most firms and organisations, it’s important to carry out a business electricity comparison exercise to ensure you’re not overpaying for this.
There are simple steps needed when looking for a new business electricity supplier and how to switch to their service.
Firstly, finding the best tariff deal that will meet your firm’s needs can be tricky but using the expertise and experience of D-Energi means the process becomes much simpler.
You will need to appreciate that when you compare business electricity prices there are several factors that suppliers will take into account including the size of your premises, the number of people in there and how much electricity you consume.
The location of your business will also have an effect on the prices being charged.
A business energy comparison
The other big issue when a firm undertakes a business energy comparison is understanding how the bills are made up.
This means there is a need to appreciate that the ‘unit cost’ is the amount paid per unit of electricity or gas that is used by a business. It’s measured in kilowatt hours or kWh.
There’s also a standing charge, which is the fee levied every day to help maintain the National Grid and cover the costs for delivering electricity and gas to your premises.
Business gas comparison exercise
As with sourcing a new electricity provider, when you begin a business gas comparison exercise you will have to appreciate that the energy prices being quoted are based on wholesale costs.
However, these will vary from day-to-day and they can be difficult to predict and will, inevitably, increase during cold winter months.
Essentially, while business prices tend to be less expensive than for our homes do not forget VAT is charged at 20% and not at 5% as for domestic dwellings.
You also need to appreciate the difference between a fixed rate and a flexible tariff when you begin a comparison exercise but you could access the experience of a team that deals with this issue every day.
The other big advantage for doing so is that they will have access to every supplier and will be able to get the best prices when doing so.
This means contacting the friendly team at D-Energi who can help you carry out a business electricity comparison, and also for gas, to ensure you access the best deal possible to meet your everyday business needs.
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18 Jan If you want to enjoy the lowest business gas rates available, then you’ll need to do some homework first.
That’s because the UK’s business gas supply market is extremely competitive and depending on your location and needs there will undoubtedly be a cheaper deal available.
It’s just a question of finding it.
While you could contact business gas suppliers directly, this is obviously time-consuming and if you restrict your search to the ‘Big Six’ energy suppliers, you may find their offers are fairly similar.
Find a business gas supplier
You could use a comparison site to find a business gas supplier and compare their offerings, but the site may not be searching the whole market so you will probably miss out on cheaper, better deals.
Also, don’t be baffled by industry jargon and you will need to calculate what a new supplier is offering with their unit rate and standing charge. Be wary of an offer with much lower unit rates as this may have a higher standing charge to compensate.
The best time to search for a new business gas supplier is when your current contract is due to end as this opens a window of opportunity to move providers.
Failing to do this may see you being rolled onto a ‘deemed’ contract, which tends to have higher rates, and you may be tied into this new contract for 12 months, depending on the size of your firm.
Searching for cheaper business gas bills
Another tactic when searching for cheaper business gas bills is to opt for a longer business energy contract.
Most suppliers will offer a one-year deal but it is possible to access deals of two and three years and potentially up to five years. This will help some firms with cash flow and business planning.
However, you also need to appreciate that once you agree to switch there’s no ‘cooling off’ period, as there is when arranging energy for our homes, and if you cancel a new contract then there may be a penalty to be paid.
The other important consideration is that when it comes to switching business gas supplier is the fact they will offer a contract that is tailored to your needs. So, as such, there is not really an off-the-shelf offering which makes comparing different contracts on a like-for-like basis more difficult.
Thankfully, there is help at hand and the D-Energi team can explain more about how you and your firm can enjoy low business gas rates by simply switching providers.
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2 Jan The energy costs for your business or organisation is made up with unit rates which is the price you pay for each unit of energy so you will need to compare business energy per kWh (kilowatt hour) deals between providers.
Also, you will need to take into account the standing charge, which is an amount that goes towards paying for supplying electricity and gas to your premises – usually calculated on a daily basis.
However, comparing business electricity and gas tariffs per kilowatt hour can be complicated because you will be looking at separate quotes from providers for these utilities.
This will then make it more difficult working out which is the best value deal for your firm’s needs but looking at the price per kilowatt-hour makes this job easier.
Best cheap business gas and electric supplier
Finding the best cheap business gas and electric supplier will mean selecting the right tariff from a supplier’s offerings and knowing how much energy you use during the year means that calculating average prices per kWh will give you a good idea of what the new deal will cost.
However, the unit price per kilowatt hour will vary depending on your geographic location and the industry you are in and also how many employees you have now – and plan to have in the future.
Also, the size of your business will have an impact with micro-businesses paying slightly more than a small business who will pay slightly more than a medium business will do.
Cheap business gas supplier
Finding a cheap business gas supplier, and also for electricity, also means appreciating the standing charges they have which do vary between suppliers and sometimes these differences can be huge.
For example, a potential new supplier may offer an impressive price per kilowatt hour but have a much higher standing charge to make up for this.
Effectively, your firm will not be making any real savings and switching to a new provider may end up costing you more.
In addition, most business owners are very busy with their day-to-day responsibilities so finding the time to source a new energy supplier will not be easy.
The best way for a business owner to compare business energy per kilowatt hour deals between providers is to speak with the friendly team at D-Energi who can do this on your behalf and, in a few minutes, find a cheaper, better deal than you currently enjoy.
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