Possibly the best reason for sourcing the cheapest gas tariff for a business is to learn whether they are paying more than they need to for their gas needs.
It’s highly likely that they are doing so and there are huge savings to be made for those firms that make the switch to a new business gas supplier.
However, it’s also highly likely that the company owners are too busy to take a thorough examination of all the business gas supply offerings and they may find simpler to remain with their current supplier.
This may be an expensive course of action to take since the savings that can be made will range from hundreds to thousands of pounds which will impact the firm’s bottom line.
Finding a new gas supplier is surprisingly easy and the government has encouraged competition in the marketplace so that more suppliers means that most businesses will benefit with a choice of lower gas prices.
Finding the lowest commercial gas quote
There will be firms that would prefer not to switch and remain with one of the ‘big six’ suppliers but there are other reasons for switching to another supplier and it’s not just about finding the lowest commercial gas quote.
That’s because suppliers appreciate that they can offer other attractive reasons for making the switch, including improved customer service and some firms also undertake a business gas audit.
Obviously, this means that suppliers of business gas will not only offer better prices so the customer will save lots of money but also help them use less gas to ensure that their savings are increased as a result.
For those businesses that simply do not have the time to appreciate the depth of the market offering, there are some simple solutions.
The first is to find a business gas comparison website which will highlight how much the firm may be overpaying for their gas supply.
However, these websites should be treated with some caution since the price on offer may not be the price the firm can access since the gas supplier will need to tailor their offering to the firm’s own needs.
The most popular websites to compare business gas prices
In addition, the most popular websites to compare business gas prices are probably not searching the entire market to find the best deals on tariffs for the firm to make better savings.
There’s also a possibility of using energy brokers who will conduct a thorough search of potential gas suppliers to deliver the savings a firm is looking for.
Considering that 40% of firms, according to government figures, have not looked at switching business gas suppliers means many of them are probably on a contract that has automatically rolled over.
Inevitably, these prices per unit of gas are likely to be much higher than being offered by other firms for new customers.
Also, there are other factors for a firm to look at cheaper gas supply prices and that’s the prospect of energy prices rising over the coming months and years.
Most suppliers will allow a customer to lock into a cheap gas price to help offset any potential future cost increases.
This ability to set the price of gas for a set period also helps boost the firm’s cash flow because they will know what their energy bills are going to be and so budgeting becomes easier.
Undertaking an energy audit
In addition, by undertaking an energy audit it is possible to highlight those areas where savings can be made and the efficiencies delivered over the longer term.
Again, while most firms could quite easily switch suppliers by visiting a comparison website and opt to use a ‘big six’ firm, they may lose out on the prospect of lower prices and ways to improve long-term efficiency gains by utilising the experience of another supplier.
It should also be appreciated that the process of finding cheaper gas prices for a business should be a trouble-free, transparent and quick process with no hidden gimmicks or costs.
There’s very little reason for businesses looking for cheaper gas prices not to look at other potential suppliers and the switching process has never been easier.
Indeed, it only takes a few minutes to source a better quote for business gas supply and by using the services of experts, a firm can be reassured that they are getting the best price and help with the switchover process.
This switchover process is a seamless transaction and there will be no loss of gas supply to the business while it is undertaken.
For those firms looking to access the cheapest gas tariff and want to utilise the expertise of experts in the business energy supply market, then the team at D-Energi are the ones to speak with.
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For any business, large or small, looking to reduce their costs then understanding how to compare business energy tariffs could pay dividends.
Just as we find when looking at household energy suppliers, the tariffs available for a business can vary hugely and create confusion.
This means conducting more research and calling a potential energy supplier to find their best offer.
However, the one thing to remember is a business can only compare their business electricity and gas tariffs separately between suppliers since they cannot get a dual fuel deal like they can for their home.
It should be remembered though that there are huge savings to be made from switching energy suppliers and depending on usage, some businesses could save hundreds of pounds and indeed several thousands of pounds.
Compare business electricity and gas rates
However, when a firm wants to compare business electricity and gas rates with various rivals, it’s not that easy since the supplier will need to offer a bespoke deal.
The process of finding low bills not only sees lower overheads but it should be done as a matter of routine.
This has been underlined by a survey from the Competition and Markets Authority which reveals that 40% of small and medium-sized businesses have not switched their energy supplier in the last five years.
More worryingly, 39% admit they have never switched energy supplier.
The survey highlights that many firms in the UK are probably overpaying for their energy and missing out on the huge savings to be made which is an exercise that should be done considering that energy prices are predicted to increase this year.
The easiest way to compare business gas and electricity prices
Perhaps the easiest way to compare business gas and electricity prices is to understand how the firm’s energy bill is put together; this means understanding the breakdown of the energy unit rate and any standing charges as well.
By doing so, the firm will then make the process of comparing prices much easier though they should beware of a potential supplier offering an estimated annual cost since estimates can vary hugely.
For a micro-business, that’s an employer who employs fewer than 10 people, they will know their energy prices because that’s the regulation for the suppliers to meet.
Also, energy suppliers may automatically push their customers into a rollover contract after the firm’s initial tariff comes to an end.
One reason for this is that the rollover contract is usually much more expensive than a new customer’s contract from the same firm.
Comparing business gas and electricity prices
There’s no doubt that when it comes to comparing business gas and electricity prices there needs to be plenty of homework done.
The first step is to benchmark what the market is offering for the firm’s usage.
Again, the firm should be wary about any quotes being offered since these will not be a precise offering and they will still need to call the supplier for an actual energy quote.
Once the firm has a good idea of what the market offering is and how much money they can save every year, then they should begin calling around other suppliers.
Contact business energy brokers
It might, however, be easier to contact business energy brokers as well to see whether they have any better offers and tariffs available.
The other important issue to remember is the business should never stop haggling or pushing for a better offer, even when their current supplier offers a new deal they should contact them to see if there is an improved offer.
If the firm is happy with their current supplier then it might worth doing some research first to see whether their current supplier will meet a competitor’s offer. It would not hurt to ask but the business needs to be forearmed with the relevant information.
The other big attraction for firms who are looking to compare their energy prices is that they can also fix into a longer-term deal which is worth considering if prices do begin to rise.
Energy suppliers offer variable rates which can be expensive while others will offer a fixed price over one to three years of a contract term.
Comparing business energy deals
Finally, when it comes to comparing business energy deals and the firm finds an offer they like, they need to appreciate that once they sign a contract there is no cooling off period.
This means they must ensure they are happy and understand the contract before committing to it because they will have to see the contract through until the time for renewal arises.
Essentially, the easiest way to compare business energy prices is to contact experts in the field who know what the latest deals and tariffs are and can put together a cracking deal that will save searching the market extensively and take care of the switchover process which means contacting the experts D-Energi.
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For any organisation wanting to source cheap business energy prices, the market for them may appear to be confusing and time consuming to understand.
That’s because there’s a growing number of business energy suppliers offering a variety of deals and tariffs which means careful research will need to be undertaken.
However, there are ways to save time and money spent searching for better prices for energy and understanding the potential contracts.
That’s to contact experts who deal with the market on a daily basis which will mean contacting D-Energi.
There’s no doubt, however, that it will also pay for the organisation to understand the market for business electricity and gas so they will appreciate a good deal for energy when they see it.
Indeed, with the vast majority of businesses in the UK having to rely on electricity for their everyday needs means it’s important that they find the best electricity prices available to help keep their overheads under control.
Finding a better business energy deal
Energy market experts have been predicting that the prices being paid by businesses will begin to rise and many organisations may also believe that this trend will mean finding a better business energy deal than they currently have will become an almost impossible task.
That would be a mistake to make and it could be a costly one as well.
That is because having the knowledge beforehand and understanding that if they haven’t switched business energy suppliers in recent years probably means they are on a ‘deemed contract’ and are paying more than they need to for their energy needs.
By switching to a new supplier, they could potentially save thousands of pounds every year depending on their bills.
The other important issue for the organisation to understand is that the business energy market is not like the one for the domestic market; they will need to contact a supplier for their gas and electricity individually and get a quote.
One reason for this is that an energy supplier will be looking to meet a customer’s energy needs and will look at their consumption habits to deliver a bespoke business electricity quote.
Cheap business electricity quotes
These cheap business electricity quotes will deliver flexibility and help meet the consumption habits which will vary through the working day so the business will not be paying more than they need to for electricity, for instance.
One of the downsides for this is that there is no established business electricity tariff for an organisation to compare their deal with since most businesses are unlike any other.
Firstly, the organisation should find their current tariff and then begin their search for a new supplier.
They will need to understand that a fixed rate tariff is a pre-agreed price for units that will last for the contract’s term.
Fixed-rate tariffs are usually competitive but is always worthwhile comparing one offer with another supplier’s offering.
As mentioned previously, for those organisations on a deemed rate tariff are probably at a disadvantage because a 28-day rolling contract means they have failed to agree new terms with their supplier so they are probably paying over the odds on this basis.
Organisations may be on a rolling contract
However, some organisations may be on a rolling contract and while these are not competitive and only offered by a few suppliers, they are offering fairer rates than on a deemed contract.
The downside is the organisation may be tied into a year-long contract on rates that are higher than the competition is offering.
The organisation will also need to pay a unit cost as well as a standing charge which covers the maintenance of the National Grid and the cost of delivering electricity to a business premises.
Again, there’s no set tariff for this and to complicate matters the rates being charged will vary between micro and small businesses as well as medium and large businesses.
This is a quick checklist to help an organisation decide whether the business electricity quote they receive is suitable:
Get business electricity quotes from several suppliers
Choose which of their tariffs best suit the business
Decide which is the best new supplier and sign their contract
inform the current energy supplier of your intention to switch
The process is seamless for switching over so simply wait for the new supplier to take effect.
However, there’s just one word of caution when looking for the best electricity quotes and that’s not simply choose the cheapest quote on offer.
One reason for this is that while the business will inevitably save money and lower their overheads they may switch to a supplier that does not meet their needs effectively and some suppliers offer more than others.
Organisations looking for a cheap business gas energy deal
For those organisations looking for a cheap business gas energy deal, then the tips contained above will prove useful.
Not every firm has a gas supply but for those who do then it will be worthwhile shopping around for a better and cheaper energy deal.
Again, this means approaching several gas suppliers and asking for a quote and they, in turn, will look at the business’s circumstances and assess what their habits are and then deliver a bespoke quote based on this.
It’s also probable that with every business being different, means there will be no way to navigate a business gas tariff effectively to see whether they are on a tariff that best suits their needs.
Again, there are fixed term contracts and rollover contracts available from business gas energy suppliers and for those who haven’t switched gas supplier then they are probably on a deemed contract where their rates will be, unfortunately, much higher than are on offer to new customers.
Business gas suppliers also have a standing charge
As with electricity suppliers, business gas suppliers also have a standing charge to pay and their unit cost will be for each unit of gas supplied to the business.
For firms looking to switch energy suppliers, the information here details what they need to know and why the easiest and most effective way of finding cheap business energy deals and tariffs is to use the expertise of the D-Energi team to find the best terms available that best meet the organisation’s needs.
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Lets face it! Shopping around and finding a competitive business’s electricity quote is not the most exciting subject in the world. However business electricity remains a constant high operational cost for many business’s and enterprises throughout the country. As a small energy supplier based in Manchester we know the industry inside and out. We have been helping business’s reduce their energy bills well over 15 years. Here we will try to share and pass on some inside industry knowledge, to help you find the very best possible deals on business electricity.
Fact 1 Understand when your current business energy tariff ends and more importantly it’s notice period.
Before you look for a business electricity quote, you need to know your current end date for your business electricity contract. You need to know this date before you even consider shopping around. It is a legal requirement these days for your contract end date to appear on your business electricity bills. Check your invoices for this date. Read the terms and conditions of your supplier and ensure you hand in notice pursuant to those terms. Differing energy suppliers will have varied notice periods ranging from 120,90,60 days. If you don’t hand in notice to your supplier accordingly, they may automatically renew your agreement.
Fact 2 Know your business energy rates in pence per kwh and standing charges.
So you know when your contract ends. Excellent. Now you need to understand its charges. Depending on your usage and the type of business you are. You need to look for the cheapest unit rate pence per kWh, and standing charges. Which generally make up the largest amount on your business electricity bill. Know what you’re paying pence per kWh and the amount of standing charge you are paying. Standing charge is a fixed amount you pay per day or month, similar to the charges of BT line rental. Some energy suppliers will have no standing charge and have a higher rate on pence per kWh. Having no standing charge may sound appealing but make sure you do the maths. No standing charge tariffs generally have higher pence per kWh rates to compensate, making this a no go for higher users of electricity.
Fact 3 Make sure your credit is of good standing.
All business electricity suppliers will credit check these days. In order to get lowest price on your business electricity quote, your business credit has also got to be good. Knowing your business credit rating in advance can help you avoid any unexpected surprises.
Business electricity quote from D-ENERGi
We hope you will find these insider tips useful. As a small energy supplier based in Manchester for over 15 years we can offer you the cheapest business electricity quote with a warm personalised service, which is unique from our competitors. We offer a price match policy and more often than not we are always in the top 5 for best prices on business electricity quotes. Get My Free Energy Quote Today or call for free on 0800 781 7626 if you prefer to chat. We have a loyal and growing portfolio of customers who love us, to learn more on us and our customer reviews view our Customers Reviews page to see what makes D-ENERGi such a good alternative to the big six energy suppliers.
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