A Comprehensive Guide to Business Gas And Electricity

Business electricity prices and plans are calculated and set up differently to domestic ones. Business electricity unit prices may be cheaper than domestic ones because of the amount of energy used, but most business customers pay a higher rate of VAT. Business electricity rates are based on your business size and electricity consumption. It may be calculated on a fixed or a variable rate tariff.

A lot of companies, from SMEs to huge multinational conglomerates, don’t look at their energy alternatives. Some think it’s complicated, extremely time-consuming and definitely not worth the hassle, which is untrue. When you’re spending £5,000+ as a small to medium-sized business, finding a perfect fit for your company is essential. During the switch, the company can also run as normal, because your new provider contacts the old one to make it fast and easy for everyone involved, especially you.

A lot of companies also stick to what they know.

The “Big 6” have been running the market for a while now, and with the growing popularity of comparison sites, times are changing. The market is slowly being shared as more and more are learning about their options, which is only a good thing. Competitiveness in the industry keeps prices low, and gives everyone the choice to find their favourite provider.

Truth is, smaller energy companies can often produce much better value for money, and have much better customer service. See what works for you. You could save money by shopping around.