Cheapest business electricity prices

Business electricity prices seem to continue to spiral upward. You don’t have to take it. Give us the chance to save your business hundreds or thousands of pounds on your commercial electricity charge by assisting you in performing a price comparison between all of the UK energy providers. By using our service, which is completely impartial from any UK electricity and gas supplier, we can present the best business electricity comparison for your business, thereby saving your business significant money on your energy charges.

Business Electricity Rates Guidelines

Commercial energy contracts in the UK fix prices over specific lengths of time, usually one year, although arrangements up to five years are also negotiated. All but five percent of the UK commercial energy market is supplied by the six companies of Scottish Power, SSE, E.ON Energy, EDF Energy, Npower and British Gas.

Here are some practices for helping you gain the best energy rates:

• Look Beyond kWh Charge – To get the right picture on savings, don’t dwell on the electricity cost per kilowatt hour (kWh). When a supplier posts tariffs with a small kWh charge, but adds a high standing charge, you lose. Instead, compare business electricity prices based upon the entire cost of your annual bill.
• Avoid Out of Contract Rates – Always sign a new contract in order to avoid moving into the category of “deemed”or “out-of-contract” rates. These charges occur when your contract expires and they are often more than double contractual rates.
• Compare for Top Rates – Commercial electricity prices are evident once you gain an effective comparison between all of UK’s energy providers. Don’t jump at the first rates you see. Compare charges between all of UK’s electricity providers.
• Stop Your Present Agreement – In order to enjoy new savings with a future contract, you must first terminate your present energy agreement, either by post or via an email, prior to the date announced in your renewal letter. This is a crucial step, so if you’re planning on a change in providers, take this step now.
• Never Agree to Automatic Extensions – Renewal letters often arrive with offers for automatic extensions from your present business electricity provider. These offers are also called rollover contracts. If you enjoy paying rates 70-100 percent higher than your current electricity rate, a rollover contract is for you. Most smart electric business consumers prefer saving money, a fact that is missed by those selecting rollover contracts, who lose annual savings as high as £1.8 billion.
• Consider Dual Fuel Bills – Always look at the price of energy companies supplying you with dual fuel, or combined tariffs for both gas and electric service. This might be the cheapest alternative from some suppliers but is rare as for commercial properties as dual fuel usually for domestic user.