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26th January 2023

5 Things to Consider When You Compare Business Electricity Suppliers in the UK

If you're a business in the UK, it's important to ensure you're getting the best deal on your electricity. Luckily, plenty of business electricity suppliers are out there, so it's easy to find one that fits your needs. But before you switch, there are a few things you need to consider. Here are five of the most important ones.

Business electricity suppliers

If you're a business in the UK, it's important to ensure you're getting the best deal on your electricity. Luckily, plenty of business electricity suppliers are out there, so it's easy to find one that fits your needs. But before you switch, there are a few things you need to consider. Here are five of the most important ones.

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The Length Of The Contract - Some Suppliers Will Offer Fixed-Term Contracts, While Others May Be More Flexible

Depending on your business electricity needs, you may want to consider a fixed-term contract. This type of contract can offer certainty and stability, particularly if you are a business with high energy usage. However, it is important to know that fixed-term contracts often come with early termination fees. As such, you will need to be sure that you are committed to the contract before signing. Alternatively, some suppliers may offer more flexible arrangements. This can be beneficial if your business expands or reduces its electricity usage. Ultimately, deciding which type of contract will come down to your specific business needs.

The Price Of The Electricity - Compare Rates From Different Suppliers To See Who Offers The Best Deal

Business electricity rates can vary significantly from one supplier to the next. As a business owner, it's important to compare rates from different suppliers to ensure you're getting the best deal. There are a few different factors to consider when comparing business electricity rates. First, you'll want to consider the price of the electricity itself. This is usually expressed in cents per kilowatt-hour (kWh). Second, you'll want to consider the delivery charges, often a fixed monthly fee. Finally, you'll want to consider any additional fees or surcharges that may apply. These can include things like environmental levies or capacity charges. Considering all these factors, you can be sure you're getting the best possible deal on business electricity.

The Green Credentials Of The Supplier - Consider How Important It Is To You That Your Business Is Powered By Renewable Energy

Many companies are looking for suppliers that can offer green credentials when it comes to business electricity. This is often driven by a desire to be more environmentally responsible, but it can also differentiate the business from its competitors. For some companies, renewable energy is a key priority, and they will only consider suppliers that can offer this type of power. For others, it is less of a concern, and they are more focused on getting the best deal possible. Ultimately, the decision of how important green credentials are will come down to the individual business and its priorities.

The Customer Service Record Of The Supplier - Read Online Reviews And Speak To Other Businesses To See What They Think

When choosing a business electricity supplier, it's important to consider their customer service record. One way to do this is to read online reviews from other businesses. You can also speak to businesses in your industry and ask about their experiences with different suppliers. Customer service is important because if you have an issue with your account, you need to contact someone who can help you resolve the problem. A good customer service record means that the supplier is responsive and proactive in addressing issues. This can save you a lot of time and hassle down the line.

Do businesses get cheaper electricity

Any Extras That Come With The Contract - Some Suppliers Offer Additional Services Such As Discounts On Gas Or Free Installation

When it comes to business electricity, many suppliers offer additional services as part of their contracts. These extras can include discounts on gas or free installation. While these extras can be helpful, it's important to read the fine print and make sure you understand what you're getting before you sign on the dotted line. Otherwise, you could end up paying more than you bargained for. With so many different business electricity providers out there, it's important to do your research and find the one that best meets your needs. By comparing different providers and their offerings, you can ensure that you're getting the best possible deal.

These are just a few things you must consider when comparing business electricity suppliers. Be sure to research and compare all the important factors before making a decision. With so many options on the market, you're sure to find a supplier that meets your needs.

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Get The Best Deal On Business Electricity With Compare Business Electricity

We hope this has given you a good overview of the business electricity market and how Compare Business Electricity can help you find the best deal for your business.

Call us today at 01274081070 to speak to one of our experts, and we’ll get started on finding you the best deal.

Get The Best Deal On Your Business Electricity With Compare Business Electricity

At Compare Business Electricity, we understand the importance of making the best decisions for your business. That’s why we offer impartial, expert advice on business electricity tariffs and contracts. We can help you compare business electricity prices and find the best deal for your company – whether you’re looking for a new supplier or want to switch to a better tariff.

Our team of experienced consultants will take the time to understand your business’s needs and recommend the most cost-effective solution. We can also help you manage your account, so you always have access to accurate information about your usage and spending. Get in touch today to see how we can help you save money on your business electricity bills.

Frequently Asked Questions About Business Electricity

Do businesses get cheaper electricity?

Yes, businesses do get cheaper electricity than residential customers. Businesses generally consume more energy, so they can take advantage of economies of scale and get discounts on bulk purchases. A range of special tariffs is also available for businesses that can help you save money on your energy bills.

How much electricity would a small business use in the UK?

This depends on the type of business and its size. Generally speaking, small businesses in the UK use between 3,000 and 15,000 kWh of electricity per year. However, this can vary significantly depending on factors such as how many employees work at a particular business or whether it has large energy-hungry equipment like servers or industrial machinery.

Is the business electricity price capped?

No, the business electricity price is not capped. Business electricity prices are determined by supply and demand in the wholesale market and can fluctuate over time. However, some suppliers may offer fixed-price tariffs that allow you to lock in a certain rate for a period of time. This can help protect you from sudden price increases.

What makes up your business electricity bill?

Your business electricity bill is composed of various components. The main component is the energy cost, which includes the electricity price and any associated taxes or charges. Other fees, such as delivery costs and additional services, may also be included in your bill. Depending on your supplier, you may also be charged a fee for using specific payment methods.

What is a good price per kWh in the UK?

The average business electricity price in the UK is around 14.8 pence per kWh (including VAT). However, this can vary significantly depending on your supplier and the type of tariff you’re on. It’s always a good idea to compare prices from different suppliers to ensure you get the best deal for your business. Request a personalised quote from Compare Business Electricity to maximise the best deals.

At Compare Business Electricity, we’re here to help you find the best deal for your business electricity needs. Our team of expert consultants can provide impartial advice and recommend the most cost-effective solution for your company. Contact us today to start saving money on your business electricity bills!

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Woodgrange Laundry

5 Stars Rating

2019

Year Joined

£120,000

Total Savings

Voltix Services Ltd

5 Stars Rating

2019

Year Joined

£120,000

Total Savings
Don’t wait any longer!

Want to know how much you could save?

Simply get in touch to let us know a bit about your business and we’ll source quotes from a range of suppliers.

Call our business energy specialists for free right now!

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If you’re looking to switch your company’s energy suppliers, our team here at Compare Business Electricity can help you find the deal that will secure you the biggest savings.
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