It’s far easier to change your home energy provider when compared to switching a commercial energy supplier. The process is similar but involves a little extra work on your part as a company owner or manager.
Business energy tariffs have a number of additional variables that need to be adjusted to get the right deal. Typical questions you’ll be asked include the nature and size of your business, where you’re located in the UK and your current gas and electricity consumption figures. This information will enable a commercial energy provider to offer you a suitable contract for your business’ needs. Fortunately, the process has now been made a lot easier, especially with the advent of online business energy comparison sites such as Utility Saving Expert. You’ll be able to obtain a hassle free no obligation quote in under 10 minutes. The price comparison engine will be able to sort deals by total price, tariff type and contract length, making it easier to compare each option. You’ll even be able to view renewable energy tariffs that can significantly reduce carbon emissions.
In this article, we will go through the information you’ll need to compare and switch business energy suppliers.
What do I need to obtain a free quote?
When using an online comparison site such as Utility Saving Expert, you’ll need the following information to get a business gas and/or electricity quote:
- A copy of your most recent energy bill
- The date your current business energy tariff is due to expire
- The date you will enter the renewal window
- Company registration information
- MPAN and MPRN numbers (these can be found on your bill)
Once you’ve got the above to hand, it should take around 10-15 minutes to input the details to obtain a quote. If you’re unsure about anything, there is a detailed guide available giving you answers to the most frequently asked questions. Alternatively, you can also contact your existing provider.
How long does it take to switch business energy suppliers?
Most commercial energy providers will have a target to switch you to a new tariff within 17 days. The renewal period for your existing deal will be around 49 days in most cases. Furthermore, you can expect your new supplier to supply gas, electricity or both from the date your current contract is due to end. Your existing supply will not experience any interruption.
Note: Gas and electricity isn’t available as a duel fuel option on commercial energy contracts, although you can purchase both fuel types from the same supplier.
I’ve heard about renewable energy, what exactly is it?
Simply put, renewable energy is energy generated through a renewable source. Solar and wind power are two of the most popular examples. Other examples include: hydro energy, tidal energy, geothermal energy and biomass energy.
At this stage, you’ve likely already come across solar panels attached to roofs and wind turbines with spinning blades. These all generate power, sometimes referred to as ‘green energy’. Renewable sources are considered to be sustainable as they can be replenished and do not deplete over time in comparison to their fossil fuel counterparts. Government legislation and historic agreements such as the Paris Climate Agreement are driving us forward to a more sustainable future, helping protect the planet by reducing overall carbon emissions.
Due to these changes, business customers and energy suppliers are shifting their focus to this alternative fuel type. Costs will continue to decline as investment in the research and development of renewables continues.
How can I save even more money?
Switching to a cheaper business energy tariff is just the first step. However, further action can be taken by businesses and their employees to reduce power consumption, further reducing monthly or quarterly bills.
Some firms may choose to invest in solar panels that can generate electricity. The initial cost may be high, but over time you will save money and this is even more beneficial when you consider that fuel prices continue to rise year over year. Did you know that solar panels can still generate electricity even without sunlight?
Other ways to save money on your business gas and electricity usage include the following:
- Install energy efficient LED light bulbs throughout the office, these consume less power and are rated to last much longer.
- Install sensors that automatically dim or turn off the lights for areas that are unoccupied.
- Reduce your indoor temperature by one or two degrees, even a small drop in temperature could save you hundreds of pounds each year.
- Use power efficient electronics and turn off computers and other equipment when not in use, especially at the end of the work day.
- Open blinds and curtains to benefit from natural light, reducing reliance on artificial lighting.
- Conduct an energy audit to better understand your energy usage, allowing you to implement the necessary changes to reduce total power consumption.
To summarise, comparing and switching business energy is now easier than ever. You’ll be able to see offers from a range of providers, along with the essential information needed to make an informed decision. Your company could be saving hundreds or even thousands of pounds annually by switching to a better deal.