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How to Compare Business Electricity Prices and Save Money

If you’re a small business owner, there’s every chance that your electricity bill is one of your biggest expenses. That’s why it pays to shop around for a better deal and to regularly business electricity compare prices from different providers. You might be surprised by how much you could end up saving without compromising on service or quality of supply.

Listed below are our best tips for doing so:
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Find out your average daily electricity use.

The first step to comparing business electricity prices is to find out your average daily electricity use. To do this, you will need a meter that measures the amount of power being used at any given time. If you already have a meter installed on your business’ power line, then measuring daily electricity use should be relatively straightforward.

If you don’t have a meter yet and are considering installing one, make sure that the meter is capable of measuring small amounts of energy (such as 100W or less). This is important because most businesses use far less than 1 kWh per hour (a typical household uses about 1 kWh for every 2 hours of TV viewing).

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Request multiple quotes

  • Ask for quotes from qualified providers.
  • Check that your quotes come from accredited providers.

Check that the quote includes a daily supply charge

The daily supply charge covers many of the things that keep your business connected to the electricity grid, such as meter readings, account processing and billing. The amount can vary depending on where you are located: some providers may include it in their bill while others will not (and you’ll have to pay it separately).

Ask about discounts, contracts and deals for bundling with other services

The more services you bundle, the more likely you are to get a discount on electricity. For example, if you sign up for a telephone line and internet service with one company, they may offer a lower price than if you were to take out two separate contracts.

Electricity providers often offer deals where customers can get better rates by paying their bills monthly in advance or quarterly over three months instead of monthly bills spread over 12 months. If possible and convenient for your budget, it’s worth considering this option because it saves money in the long run and reduces stress about having enough funds at any given time when bills are due.

We look forward to helping you next by finding quotes that enable you to find the best energy deals; all in a matter of minutes. 
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Make sure you understand the terms and conditions

Before signing on the dotted line, make sure you understand the terms and conditions of your contract. This is a legal document, so it’s important to read and understand what it says. If there are any aspects that worry you or you don’t agree with, think carefully before signing.

If something seems unclear or uncertain, ask for clarification before signing so there are no nasty surprises later on. It’s also a good idea to get advice from someone who knows about electricity contracts if possible (such as an energy expert).

It would also be practical to compare energy plans online for business. This can be done by using an electricity plan comparison tool or by calling professionals in the industry.

If you’re unsure if you’re getting the best deal from your electric company, compare plans for businesses today! This will also let you recognise the terms and conditions that apply. With this knowledge, you can make an informed decision about which plan is best for your business.

Compare electricity prices from multiple providers

To find the best deal for your business, you’ll need to compare electricity prices from all the providers in your area. You can do this in different ways.

One way is to get quotes from accredited providers. Make sure that any quote you receive is based on your physical location (postcode), as well as any rebates or discounts available to you. Some companies may also offer a discount for bundling services such as gas or broadband with your electricity contract.

In terms of VAT, energy is a ‘reduced rate’ good, meaning that the government only charges a lower rate of 5% VAT on energy bills (compared to the standard 20% rate). This applies to both domestic and business customers.

When you’re ready to compare electricity prices, we’d love to help. Our team is here to assist with the process and make sure everything goes smoothly. With the expertise of the account managers here at Compare Business Electricity, firms can ensure the maintenance of a cost-effective electricity supply. We hope this guide has given you a better understanding of the process so that your business can make an informed decision about its energy costs.

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There are many reasons why businesses should choose our consultants when comparing business electricity prices from accredited providers.

Firstly, our team is highly experienced and knowledgeable in the area of business electricity and can provide you with expert advice throughout the process. We’re also able to answer any questions you may have and can help to clarify any aspects of your quote that you’re unsure about. There is no other location that can offer you the same comprehensive service as we can.

In addition, we’re an accredited provider of business electricity, which means that we have access to some of the best deals on the market. We’re constantly updating our list of offers to make sure that we’re always able to provide firms with adequate solutions in saving electricity bills, regardless of their size.

Furthermore, we’ll make sure that any quote you receive is based on your specific business needs, meaning that you won’t have to worry about overpaying for your electricity.

Finally, we offer a free service with no obligation to sign up, so you can be sure that you’re getting the best possible deal for your business. Contact us today to get started!

Frequently Asked
Questions

There are several questions you may have about electricity costs and prices. This page contains answers to some of the most commonly asked questions relating to business electricity costs. We hope that these details shed light on any concerns in saving business electricity bills.
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What is the best comparison site to compare business electricity?

There are several good sites out there, and the best one is comparebusinesselectricity.uk. Such sites allow you to compare prices and tariffs from a variety of providers, which can help you find the best deal for your company.

When comparing prices, be sure to look at the total cost of each tariff and not just the headline price. Some providers may offer low rates but have expensive setup fees or other hidden costs that can end up costing you more in the long run.

How to choose the best comparison site to compare business electricity?

When looking for a good comparison site to compare business electricity plans, it’s important to make sure that the site offers comprehensive information on all of the available plans. It’s also important to make sure that the site is easy to use and provides accurate information about the rates, terms, and conditions of each plan.

Finally, it’s important to choose a site that is unbiased and doesn’t favour any particular provider. By using a reputable comparison site, businesses can feel confident that they are getting the most accurate and up-to-date information about the best plans available.

How can I compare electricity plans for business in the UK?

To compare business electricity plans deals, you’ll first need to know what’s included in each deal. Some plans might include a certain amount of free electricity each month, while others might offer a discounted rate for the first few months.

Once you’ve figured out what’s included in each plan, you can then start comparing prices. Keep in mind that the cheapest plan isn’t always the best deal, so be sure to consider all aspects of each plan before making a decision.

What are the cheapest commercial electricity rates?

There are a few ways to find the cheapest commercial electricity rates. The simplest way is to use a business energy cost comparison tool. These tools allow you to enter your zip code and see a list of suppliers who offer the best rates in your area.

Another way to find cheap commercial electricity rates is to call local suppliers directly and ask for quotes. This can be a time-consuming process, but it can be worth it if you’re able to find a good deal. To help out with this process, you can also hire trained consultants to do all of the hard work on your behalf.

Many businesses also choose to lock in their rates for a period of time by signing a contract with a supplier. This can be a good option if you know that your electricity usage will stay relatively constant over the next few years.

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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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