17 Mar This will mean contacting the team at D-Energi who understand how the market works and will have the latest tariffs and offers available.
However, it’s also possible for organisations to check whether they are paying more than they need to for their energy needs by looking at various business energy comparison websites.
By doing so they will find out what the market rates are for from suppliers to deliver energy to a firm like theirs.
It should be noted though that using comparison websites on a like-for-like basis is difficult since the business energy quote will need to be tailored to the firm’s own needs.
There’s no doubt that all businesses will need an energy supply but they must look for the best rates for commercial users.
Better commercial energy prices
To a large extent, the better commercial energy prices are determined by their energy demand and firms will be able to save a substantial amount of their energy bill by simply switching energy supplier.
In order to make a switch, the firm will need a recent energy bill to hand which will have their registration details on it and they must also know the date when their contract comes to an end.
Another important point is that they will not be able to switch contracts before this term ends and there’s only a limited window of opportunity for doing so.
In addition, should a firm not use this window of opportunity, they will then roll onto a contract that will probably be charging them more than they need to for their energy needs.
The firm will also need to know their meter numbers, also known as MPRN and MPAN, and these are located on the meters themselves and on their energy bill.
Compare energy suppliers for a cheap commercial energy quote
Some firms may also be questioning why they need to compare energy suppliers for a cheap commercial energy quote.
There is a range of reasons for doing so, the main one being that they will inevitably reduce their overheads with lower bills. This means profitability will increase.
As most businesses will be looking at their costs on a regular basis, it makes sense to analyse the business energy market to ensure that the best commercial energy rates are being accessed.
It’s also possible, with the prospect of energy prices increasing in the future, for an organisation to lock themselves into fixed rate over several years to avoid any potential steep price increases.
In addition, a new commercial energy supplier may then tailor their energy package that is specific to the firm’s own needs.
Some suppliers also undertake an energy audit to ensure that the firm is not only paying the best tariffs available but is using their energy efficiently which will help lower bills as well.
Low-cost commercial energy suppliers for electricity and gas
For organisations wanting low-cost commercial energy suppliers for electricity and gas, then it makes sense to shop around or at least look at the market on a regular basis.
Also, with many firms looking to boost their environmental credentials, it’s also possible to switch to a commercial supplier that will source their supply from renewable sources.
This means the commercial energy supplier is using solar power and wind power, as well as tidal power, to produce their electricity supply.
There’s no doubt that the time and energy spent by a firm looking for a better commercial energy deal will be time well spent.
And while the comparison websites will give a good indication of how much money can be saved, it is not until the organisation contacts the supplier directly to get a bespoke quote for their needs, will they actually know what the savings will be.
There are two important issues to bear in mind for those firms and organisations looking to switch energy suppliers.
Switchover process is quick and seamless
The first is that the switchover process is quick and seamless and there will be no interruption to their energy supply when they transfer to a new gas or electricity supplier.
The second most important issue is that they need to be wary when contacting a potential new energy supplier for a bespoke quote that they do not agree to the deal being offered on the phone.
That’s because the contract will be accepted and there is no cooling off period for firms to do this and they will have to do see out the full term of their new contract before they can find a new supplier.
Alternatively, as mentioned previously, an effective and quick way to analyse the entire commercial energy market is to contact the team at D-Energi who will have the best tariffs available at their fingertips so there’s no time wasted in trying to find cheap energy prices.
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8 Mar It is surprisingly easy to find cheap business energy prices and for organisations they can save thousands of pounds from their costs.
Indeed, businesses both large and small will be able to make substantial savings by simply switching business energy suppliers.
The process to finding a cheaper energy supplier is simple though it may require some haggling to find the best possible deal.
Obviously, the amount of money a business can save depends on its size and energy usage.
The Competition and Markets Authority has carried out a survey and found that 40% of firms have never switched energy suppliers which means they are probably paying more than they need to.
These firms particularly could save huge amounts from their energy bills every year.
Average business energy bill being paid
The average business energy bill being paid by small business is around £4,000 on gas and £5,000 on electricity every year.
However, finding a like-for-like business energy quote is a tad difficult since energy suppliers will offer bespoke prices to a business.
In addition, should the organisation be looking for business energy gas suppliers then they will need to find a separate quote for each fuel type.
That’s because energy suppliers cannot provide dual fuel deals unlike the type we can get for our homes.
So, while there are business energy comparison websites available that will give the organisation a good idea of the potential savings to be made, the prices offered may not be the prices the firm actually gets to enjoy.
Compare cheap business electricity supplier prices
To compare cheap business electricity supplier prices, the firm will need a breakdown of their standing charges and unit rates which will help making a comparison easier.
For smaller businesses, that is those firms employing less the 10 people, they will be provided with prices being offered by competitors to help make the switchover process easier.
The idea is to increase competition within the business energy market so that firms can enjoy lower prices and better deals as a result.
Also, organisations should be wary about moving onto a rollover business energy contract since these will be more expensive, usually, than the tariffs on offer for new customers.
While it may appear to be troublesome and time-consuming to switch suppliers, finding a better business energy deal will reap its own rewards since the savings can be substantial.
This means that overheads will be lowered and profitability will be boosted as a result.
Comparison website for cheap business gas and electricity prices
So, armed with some basic information, an organisation can check a business energy comparison website for cheap business gas and electricity prices to get an idea of benchmarking for the prices available.
Once the organisation has a firm idea of what prices are being charged, they will then need to contact the supplier directly to discuss their bespoke deal.
There also needs to be at this point, however, a word of warning because if they verbally accept an offer then the contract will last for a year and there’s no ‘cooling off’ period for business energy contracts.
During discussions, organisations may also be tempted to fix into a longer-term contract in order to enjoy a fixed energy rate; with the prospect of energy prices increasing, this may be a sound business decision.
It should also be appreciated that firms cannot switch suppliers mid-term and have to wait until there’s a window of opportunity when the contract is due for renewal.
Find great business energy deals
It’s also possible to find great business energy deals by contacting energy brokers who understand the market and can access the most suitable deal for a business.
The other important aspect to remember about business energy contracts is that should the organisation not find a new supplier they may move onto a rollover contract at more expensive prices. It really will pay to put some effort into finding lower prices.
Also, with the growing popularity for people to work from home while starting a business, they may be wanting to know whether they can access lower business energy prices to help reduce their costs as well.
However, there are rules over accessing a business tariff and for those working from home will need to prove that most of their energy is being used for business purposes; ideally, they should be using at least 50% of the energy on business purposes.
If they do not meet the criteria, then for a home-based business it will pay to source lower domestic energy prices instead.
For those firms who would like to know how much they can save from their cheap business energy prices for the price of a phone call, then they should contact the team of helpful experts at D-Energi.
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6 Mar There’s no doubt the process for a business to switch energy suppliers is much easier now than it has been previously – particularly for small firms.
One reason for this is that Ofgem, the energy market regulator, has brought in rules that enable a business to find a better business electricity or gas contract than they currently enjoy.
However, it is important to appreciate that the business owner will need to arrange their new business energy deal while they have more than 30 days remaining on their contract.
It’s important to appreciate too, that before a fixed term contract ends, usually around 60 days beforehand, the firm’s energy supplier must tell them how much energy they have used each year and how their current deal will compare with their new contract deal.
Essentially, this information will put the business in a strong position for negotiating a new business energy deal with a potential new supplier when their current contract comes to an end.
Find a new business energy supplier
This change means that business can either remain with their current supplier and continue with their new tariff or shop around to find a new business energy supplier.
For any business owner who likes the sound of saving money on their energy bills but is not sure of when their contract comes to an end, they can check their latest bill which will have the end date of the contract on it and any notice period.
It’s important to appreciate too that a business tells their current supplier that they are planning to switch suppliers at any point before the notice period actually begins.
The aim of this means the business will not have to react within a short timeframe when it comes to finding a new supplier. Previously, this short window of opportunity varied between suppliers and could range between 60 days and 120 days.
This often created confusion within the marketplace and would lead to a business being automatically placed onto a rolling contract which was usually more expensive than the one they were on. The contract would normally be for a minimum term of 12 months as well.
Making the switch between energy suppliers
It should also be appreciated that firms making the switch between energy suppliers could lock themselves into fixed energy rates and be reassured that their price per unit will not increase for the duration of the contract.
Also, a new energy supplier offering a new contract may also be meeting the needs of the business more effectively than a current supplier is doing.
This means it is worthwhile shopping around when a contract is due to end even if the business is happy with their current energy supplier since this will reassure them that they are on a contract they are happy with.
For a business looking to switch supplier, they will need: recent energy bills
the contract end date
their company details
their MPRN and MPAN numbers (which are found on the meter or the bill)
Save money by switching energy suppliers
Businesses also need to appreciate that not only can they save money by switching energy suppliers, but the commercial energy market operates differently to the domestic market.
By shopping around, business will be able to find an energy package that will be tailored to their specific needs.
And while this process may appear to be time-consuming, it is easy to carry out some research online but it’s even easier to use D-ENERGi who specializes in finding excellent energy deals for businesses looking to switch suppliers.
Indeed, for the price of a phone call, a small business owner can substantially reduce their overheads and boost profitability and be reassured that the switchover process will not see them losing energy supply.
For most firms, the quickest and most efficient way to switch energy suppliers is to contact the helpful and experienced team at D-ENERGi who will be able to look at the whole business energy supply market and find a deal to impress.
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1 Mar For any organisation looking for business energy suppliers, the market will appear to be complicated to navigate.
While there are lots of business energy suppliers, including the better-known names, there are lots of opportunities to reduce energy bills with just a little bit of effort.
So, for those who are looking to find the cheapest business electricity and gas deals, it’s important to find a contract that meets their needs and reduces energy bills.
It should also be appreciated that suppliers will be offering a range of services as well as lower prices in a bid to entice potential new commercial customers.
This means it is worth the time taking a look at what they have to offer.
Business electricity suppliers who offer a low a fixed price
Indeed, some organisations may prefer to find those business electricity suppliers who offer a low a fixed price and longer contract term.
For many organisations, this policy would make sound financial sense since energy experts are predicting that energy prices will rise over the coming years.
To find the best deals, organisations also need to understand that while they could check comparison websites to find lower prices, these prices may not be available to their business.
That’s because business energy suppliers will offer a bespoke deal and the organisation will need to find two quotes for their electricity and gas usage.
Unlike for householders, organisations cannot get a dual fuel deal and must find separate quotes for each fuel type. While this may appear to create an obstacle, it also presents the opportunity to have two separate energy suppliers for gas and electricity offering the best prices.
So, when it comes to accessing accurate quotes an organisation will need a recent energy bill to hand.
Potential new business energy supplier
This will have on it important information for the potential new business energy supplier, including the meter registration number so the supplier will know exactly where the organisation is.
The bill will also show up the energy rates being charged and the organisation will also need to know when the current contract comes to an end.
This is because they cannot switch energy suppliers mid-term and can only give notice to quit their current supplier in the weeks before the contract comes to an end.
However, if the organisation owes their supplier money then they may be prevented from switching suppliers until the bill is finally settled.
Also, there will be lots of organisations who have not switched suppliers previously and so their commercial energy contract will have been automatically ‘rolled-over’.
In this situation, these organisations will probably be on a ‘deemed’ contract and are likely to be paying more for their energy than they need to but they can leave a deemed contract for a new supplier at any time.
Compare business gas suppliers
There are lots of reasons why an organisation should undertake to compare business gas suppliers for their prices as well as electricity suppliers, on a regular basis, and the main one is to ensure that they are not paying more than they need to for their business energy supply.
It also helps to keep abreast of the market for prices and new suppliers entering with better offers.
Once the firm finds a potential new supplier, they will then have an energy package tailored to their business needs.
Some commercial energy providers also undertake an analysis of their customer’s usage to ensure they get the best deal that suits them and highlight ways to save money by using less energy as well.
So, for organisations that are looking to lower overheads and beat ever-increasing business energy prices, it will pay to search the market and find a cheaper energy supplier.
Savings that can be made every year
While this may sound complicated and time-consuming, it’s a process that will pay dividends because the savings that can be made every year range from several hundred to several thousands of pounds.
While the savings can be impressive, it should also be appreciated that the savings are applicable to organisations of all sizes whether they are small or large and range from one-man bands to multisite operations.
However, the most efficient way of searching the market for business energy suppliers and finding great deals is to contact a firm that specialises in sourcing these deals and that means contacting the experts at D-Energi who will be pleased to help.
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