If you’re looking to find the cheapest business electricity prices, then it makes sense to search online for a new electricity supplier.
However, while there are lots of comparison websites available there are a number of issues to consider before signing up with a potential energy supplier.
The first one is the question of whether the online comparison site is searching the entire marketplace so there may be better deals out there that you will be unaware of.
Also, while the comparison site will flag up what the market rate for your potential business is, you will still need to speak with a supplier directly to get a bespoke quote.
Search for the cheapest business electricity rates UK
You could also contact suppliers directly in your search for the cheapest business electricity rates UK and while this is a time-consuming process, it will probably save a substantial amount on your current electricity bills.
Also, it’s important to understand the difference between unit costs and daily charges because these are the two elements of any electricity bill.
For information, a daily charge is an amount levied by the supplier for them to deliver electricity to your premises and for them to maintain the National Grid.
The price per unit is usually expressed in kWh (kilowatt hours) and this, as with the standing charge, will vary between suppliers and sometimes substantially so.
However, it’s important to calculate with any new bill what your potential annual outgoings will be because a supplier may offer a low average unit cost but a more expensive daily charge so they aren’t as cheap as they first appear.
Search for the cheapest business electricity supplier
The search for the cheapest business electricity supplier can be a time-consuming process but it can be a rewarding one if you reduce a substantial amount of your overheads as a result.
This is often easier said than done and many firms are put off at the prospect of switching electricity supplier; the government has calculated that around 40% of firms have never switched supplier so they are probably paying more than they need to for their electricity supply.
Indeed, if this last point includes you and your business then you need to appreciate that you have probably been rolled over onto a new contract automatically, it’s known as a ‘deemed contract’, where the prices are substantially more than a new customer would enjoy.
There’s no need to be paying more for your electricity than you should be doing and with huge savings to be made it’s worth finding the cheapest business electricity prices for your firm and easiest way of doing this is to contact that the D-Energi team who will, in just a few minutes, supply you with an impressive quote.
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In an effort to reduce overheads, firms and organisations may be looking to reduce their business energy bills and so they may want to compare business gas prices per kWh between potential new suppliers.
This is an effective way of finding out which potential supplier is offering the best deal but there are two charges to any quote and one is the cost per unit, which is expressed as kilowatt hours, and there’s also a standing charge.
Both of these will be quoted in pence so carrying out a comparison is an effective way to see which deal will best meet your needs.
Compare business electricity prices per kWh
The same exercise can be done for electricity so you will need to compare business electricity prices per kWh as well.
However, while this strategy will highlight what the potential supplier is offering, it is not always the best way to compare business energy costs between suppliers effectively.
That’s because you will need to understand how much the standing charge is and remember to add that into your calculations when looking at the unit charge.
The standing charge is for the supplier delivering energy to your premises and maintaining the National Grid.
The second charge, the per kilowatt hour tariff, is a set rate and will be tailored to the amount of energy that your business is using.
Looking at business electricity prices per kWh
As an example, when looking at business electricity prices per kWh, the lowest charge may not necessarily be the best deal for your business.
You may need to look at the supplier’s other offerings including whether they offer account management and energy advice so your business will use less gas and electricity.
The upshot for using a consultancy like this is that you will lower your energy use and pay even less on your business energy bills as a result. This is a big bonus for firms looking at long-term ways to reduce their bills and energy usage levels.
Indeed, there’s a lot to recommend that every firm and organisation looks at their utility bill costs every year and then look to see if there are any other better and cheaper offerings available.
The switchover process, should you find a cheaper utility supplier, is straightforward and there will be no loss of supply to your premises.
While it’s easy to compare business gas prices per kWh, as it is for electricity, there are other issues to consider including the customer service and consultancy offering and the D-Energi team can help explain why the extra services may well be the offering to choose.
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When it comes to undertaking a business energy comparison exercise to save money, then as the business owner you are probably also looking for tips to do this successfully.
There’s no doubt that it can be difficult to choose a new business energy supplier because there are so many potential suppliers out there.
These will include the ‘big six’, who dominate the business energy market but there are also smaller and independent firms who will offer better prices.
Some will also have incentives such as a business energy consultancy to help your firm reduce the amount of energy it uses to help you save even more money on your bills.
Undertaking a business electricity comparison
There’s no doubt that all firms could save money on their energy bills and when it comes to undertaking a business electricity comparison then you could contact potential suppliers directly or use a website for this purpose.
In the first instance, contacting suppliers directly can be a time consuming and confusing process while a comparison website may not search the entire market to find the best price for your needs.
There will also be other issues affecting the price of electricity including where your business is located, the type of meter you have installed, your credit wilderness and also how much electricity you are using.
Firms wanting to undertake a business gas comparison
Many of these issues also extend to firms wanting to undertake a business gas comparison exercise as well.
It is, however, worth spending the time to shop around because there are substantial savings to be made on a firm’s energy bill.
Having said that, most business owners will be tied-up with their day-to-day activities and may not have the time to focus on searching the business gas and electricity supply market.
Therefore, it makes sense to speak with experts who understand how these markets work and, more importantly, have access to the latest deals and offers.
This means speaking with the D-Energi team who will be able to deliver a bespoke quote that will probably save you a substantial amount in the space of a short telephone call.
Firms also need to appreciate that in addition to saving money on their energy bills, the switchover process to a new energy supplier is a seamless one and they will not lose their supply of energy when the transaction takes place.
If you are looking for more tips on how to save money with a business energy comparison exercise, then take the best advice which is to speak with the helpful D-Energi team first to see how much they can save you.
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Wouldn’t it be great to get a business energy quote that saves you money with a process that takes just a few minutes?
Well, that’s possible if you use the services of the D-Energi team as they have access to the latest deals from the entire business energy supply market.
Also, switching to a new business energy supplier is simple and there’s no loss of supply to your premises when this process takes place.
Firms looking for a cheap business electricity quote
Some firms may simply be looking for a cheap business electricity quote and again the D-Energi team can supply this.
Any business owner who has looked at the business electricity and gas supply market may be confused about the wide range of offers and suppliers available.
However, by switching to a new business electricity provider may mean you save a substantial amount of money every year so will effectively lower your overheads.
Also, the government is keen to boost competition in the business energy supply market and want to see more firms switching suppliers.
Shop around for a cheap business gas quote
In addition to finding a new electricity supplier, businesses should also shop around for a cheap business gas quote as well.
While a supplier will not be able to offer a dual fuel deal, much like we can get for our homes, it is possible to have your business electricity and gas supply come from the same supplier.
Some suppliers may even offer an extra discount as a bonus to those who switch to them and take both types of fuel.
It also needs to be appreciated that if you have stuck with one of the ‘big six’ energy suppliers in recent years then you’re probably paying more than you need to for your energy needs.
That’s because these firms dominate the energy supply market but there is a wide range of suppliers available and new entrants are offering better prices and services.
Switch to a new business energy supplier
For example, you may be able to switch to a new business energy supplier who may offer other incentives including a consultancy to help you reduce the amount of energy you use every year so your bills will fall even further.
That’s not only sound business sense but will also help boost your ‘green credentials’ because you are using less energy for your business needs.
If you’re looking to get a business energy quote that will save you money, then speak with the experts at D-Energi.
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Call for free 0800 781 7626 to speak to one of our friendly Customer Services team directly and reduce your business energy costs!