If you’re a business owner in the UK, you may have heard of all the benefits that switching energy suppliers can offer you. However, what many people don’t realise is that you can save even more money by choosing a supplier that offers a better price for the same goods or services. The following graphic shows just how significant this difference can be:
What Does it Mean? Switching your business electricity supplier can mean huge savings on your monthly bills, and there are several reasons why this should be your first option. A typical business would pay about three-quarters of their total fuel bill in gas and electricity costs by using an energy supplier that offers a competitive price. With all the evidence that proves how much cheaper it is to use British Gas (which has contracts with nearly every major gas station in the UK), why wouldn’t you want to switch to a supplier that gives you better prices. There are so many reasons why you might want to change energy suppliers: perhaps you’ve moved house and need to make sure you’re still on a good deal. Whatever the reason, there are several reasons why you might want to switch energy suppliers:
Which Energy Supplier Should You Choose? The most important factor when you’re choosing an energy supplier is not what they tell you, but how much they charge you. All providers state how much they’ll charge you, but how much they actually charge can vary quite dramatically. Ofgem’s website shows an interactive comparison of the rates that different energy suppliers can offer, and you should read this carefully before choosing a supplier. Ofgem’s website also provides a list of some of the top UK suppliers of energy and gas supplies. However, here’s a quick list of some of the better suppliers that Ofgem has identified as providing good value for money to small businesses: British Gas, Npower, E. ON, ScottishPower, EDF, Eiffel Green, Eiffel Retail, John Lewis, British Gas, Trenziami, Drafteal and Envirolet.
Business Energy Supplier Address. One thing to bear in mind when comparing prices is whether the suppliers you’re looking at have their own buildings and premises. A large number of smaller energy suppliers rent out their own premises, and these can differ greatly in both size and cost. To compare prices in your area simply search ‘british gas’ or ‘uk gas’ in Google and check out the comparison site.
Business Energy Supplier Performance. Of course, this will depend on your contacts with each of the suppliers in the above list – but it’s worth bearing in mind, as well as the prices, that sometimes the best deals can be found by calling up individual suppliers. Many of the big companies advertise on the phone, so if one of them is having particular promotional offers, they’re likely to have other firms calling up to find out more. This is another reason to call up – in some cases, you’ll get a better deal by talking directly to a business energy supplier than by calling up the company.
The final step of switching business energy suppliers is when you actually contact them. Once you’ve researched each firm you feel may be suitable, set up an initial meeting to find out more about them, what they do and whether they could provide the level of service you require. Take the time to explain your business energy supplier needs to them, in detail. In many cases, this will also result in a further discount.