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Compare Business Electricity Prices and Save More Now

In today’s extremely difficult economic climate, it is still important to compare business electricity prices and providers on a regular basis, even if there are few advantageous deals around. Fortunately, it’s simple to make comparisons and switch to a better electricity plan with our services at Compare Business Electricity.

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    why compare business electricity prices
    All it takes is a brief phone conversation with one of our energy specialists, in which we’ll ask you about your company and its energy usage. If your current contract is coming to the end of its ‘renewal window’, we can compare business electricity plans and handle the entire switch for you if we can find you a better deal. You don’t have to do a thing, and there will be no interruption in your supply. Typically, we aim to ensure you benefit from reduced costs, enabling you to plough the money saved on your energy bills back into your business.

    Our experts are committed to giving you the information you need to make an informed decision when deciding on a new tariff. We’ll set up your new contract as soon as you tell us who your preferred supplier is, so you can start saving right away.

    How You Can Switch Business Electricity Suppliers

    It’s simple to switch to a better electricity plan with our services at Compare Business Electricity. All it takes is a brief phone conversation with one of our energy specialists to learn more about your company and its energy usage. With this information, we can compare business electricity plans and handle the entire switch for you, so you don’t have to. There will be no interruption in your supply, and you’ll generally benefit from reduced costs, enabling you to plough the money saved back into your business.

    Why Make The Switch?

    Every business has varying energy requirements, and all commercial contracts are tailored to match the unique requirements of each firm. However, regardless of the size of your business, if you’ve been put on a higher rate tariff – possibly because you have let an old agreement lapse - your electricity bills could be adding a significant amount to your overheads.

    Why compare business electricity prices in the UK and switch providers? The answer is that switching to the cheapest business electricity tariff is a simple and quick approach to save money that won’t disrupt your business’ day-to-day operations or compromise the quality of service you receive.

    who can help you compare business electricity prices in the UK
    You can also pick whether to pay a fixed or variable cost for your energy when you switch to a new package. Most businesses choose a fixed rate because it protects them from price increases and makes it easier to budget month to month.

    If you choose a flexible tariff, you may gain if wholesale power prices fall and your supplier passes the savings on to you – but neither of these scenarios is guaranteed. Flexible tariffs, however, do tend to provide you with the advantage of allowing you to transfer suppliers with as little as 30 days’ notice, whereas fixed tariffs may require up to six months’ notice.

    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.

    What Contributes To The Cost Of Business Electricity?

    When you compare business electricity, there are two primary charges to be aware of:
    Unit rate icon

    Unit Rate

    The price you pay for the amount of electricity your business consumes is known as the unit rate. It’s expressed in pence per kilowatt-hour (kWh), so your unit rate could be 10p per kWh, for example.
    Standing charge icon

    Standing Charge

    Your electricity supplier will charge you a standing charge for their service. It includes items like national grid maintenance, the cost of distributing electricity directly to your business, and account management. This is charged per day in pence.

    When you compare business electricity tariffs, don’t only look at the unit pricing. Although it accounts for the majority of your bill, the standing charge, which you’ll be billed for each day while you’re under contract, can have a significant impact.
    how to compare business electricity prices online

    What If I’m Running My Business at Home?

    If you work from home, you won’t be able to get a business electricity rate until you use more than 50% of your energy for work. This level varies by supplier, so it’s worth double-checking to see if your company qualifies for a commercial tariff and could save money. 

    If a business tariff isn’t right for you, make sure you’re getting the best household energy bargain available to you.
    However, if you do qualify for business electricity while working from home, we will be able to analyse your existing usage and contract and recommend whether a new supplier could save you money on your bills in future.

    What Will Happen If I Switch Business Electricity Providers?

    Once you’ve agreed to move, we’ll forward your information to your new supplier, who will coordinate the transition with your current provider. There will be no need for further installation work at your workplace because the power will be delivered through existing wires. 

    The only thing you’ll need to do is take a meter reading on the day of the switch and make sure any outstanding bills are paid — if you owe money to your present supplier, they may prevent you from switching until these debts are cleared. 

    It’s also worth mentioning that your firm will be subjected to a credit check, the results of which may have an impact on the prices you’re provided and even the suppliers that are willing to offer you a contract.
    Compare Business Electricity helps businesses get the best electricity deals

    Why Compare Business Electricity Prices UK-Wide with Us?

    Our energy specialists at Compare Business Electricity make switching to the best business electricity deal simple by comparing all available tariffs to find one that’s perfect for your company’s demands and budget. We can assist you in lowering your bills regardless of how much electricity you consume during working hours. 

    And, because our switching service is absolutely free and unbiased, you won’t have to pay anything to compare the entire energy market, including the major six and all small electrical suppliers, and find a deal that’s perfect for your company.
    Determine your company's potential savings with Compare Business Electricity's energy specialists

    How Much Can I Save?

    The amount you can save is determined by the size of your business, the size of its facilities, the number of employees, and the overall energy efficiency of your company.

    Call our energy specialists at Compare Business Electricity now to perform a commercial electricity comparison and see how much money your company could save. Simply reach us via phone on 01274081070 or email at hello@comparebusinesselectricity.uk.

    We also help you reduce other utility bills – view our website for details.

    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.

    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
    Our Most Common Questions

    Frequently Asked Questions

    Still have questions? Here are answers to some frequently asked ones. 
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    Do businesses get cheaper electricity?

    When you compare business electricity prices to domestic energy rates, energy suppliers generally provide rates that are lower than domestic ones. This is because the more energy you consume, the cheaper the rate is. While businesses do pay a higher rate of VAT than domestic energy consumers, the majority of agreements will still be less expensive.

    What is the difference between domestic and commercial electricity?

    None. However, if you compare business power to domestic, there are differences.

    - Contract length and terms. The longer the contract length, the cheaper it is for businesses, whereas domestic users are only offered fixed deals.
    - Pricing. Business prices are lower than domestic prices.
    - Custom Tariffs. Business energy has customised tariffs, while domestic users are treated with a more generic approach.

    Why do electric companies have different rates?

    When you compare business electricity quotes, you’ll notice that they are different. Electricity suppliers can set their own charges within reason, so some may choose to offer lower rates to attract and retain customers. However, energy suppliers are still charged for the electricity they supply, so prices are also affected by market conditions, operating costs and even weather conditions.

    How much does business electricity cost in the UK?

    Here is the average cost per business size: 

    - For a small business that uses 20,000 kWh per year, the unit price is 14.83p and the standing price of 26.83p, totalling £3,064 per year.
    - For medium to large businesses that consume around 40,000 to 80,000 kWh, the total electricity cost ranges from £5,000 to £10,000 per year.

    How can I reduce my electricity bill in the UK?

    Here are some tips you can use to reduce electricity consumption:

    - Compare business electricity rates online – savings depend on the chosen rates.
    - Buy energy-efficient appliances – save more than £200.
    - Install and use heating controls – save £70.
    - Use LED bulbs – save £180.
    - Get draught-proofing – save £20.
    - Upgrade to a new boiler – save £205.
    - Insulation – save £315.

    How do I find a company’s energy supplier?

    If you’re not sure who your business energy provider is, look at your current or previous energy bill or statement. You can call the Meter Point Administration Service (MPAS) in your area to determine who the present energy supplier is if you can’t find a bill, for example, if you’ve just moved to a new business location.

    How do I change my business electricity supplier?

    If you compare business electricity rates and find a better provider, alert your current supplier immediately if you’ve decided to change. If you don’t, you may be required to pay a fee to switch suppliers. Tell them when you want them to withdraw and the new supplier to begin supplying. Check the terms of your contract for early exit fees.

    Why is electricity important for business?

    Electricity is a vital part of modern life and essential to the economy. Businesses require electricity to operate machinery, equipment, computers, electronics, appliances, and more. An unreliable electricity supply will cause frequent interruption, causing a decrease in productivity. Thus, a business needs to compare corporate energy rates and providers and choose a reliable one.

    Do you need to cancel energy suppliers when switching?

    When you compare business electricity suppliers online with our service and decide to switch, you don’t have to notify your present supplier, but you should provide a meter reading to your new and old suppliers on the day of the supply switchover to guarantee that your bills are correct. The rest is handled by both your new and former suppliers.

    Can you switch energy suppliers at any time?

    If you are planning to compare energy costs for businesses and switch providers, ensure that there isn’t a cancellation fee for your current energy plan. If you change early, you’ll usually incur an exit charge on tariffs with a fixed-rate contract.

    All You Need to Know About Business Energy Bills

    If you compare business electricity prices online and wonder why they differ, here’s why. Several other costs contribute to the amount you pay overall. These include:
    Business energy wholesale costs icon

    Business energy wholesale costs

    The wholesale cost is the supplier’s amount to acquire energy in bulk before selling it to consumers. You won’t see the wholesale cost on your bill, but it contributes to part of your unit rate. 
    Transmission Use of System charges (TNUoS) icon

    Transmission Use of System charges (TNUoS)


    This covers the cost of keeping and upgrading the National Grid. It is often included in the basic charge.
    Paying for Distribution Use of System (DUoS) icon

    Paying for Distribution Use of
    System (DUoS)

    The DUoS charge covers the expenses incurred by your operators, which will depend on the type of contract you have, the meter type, your location and time of use.
    Climate Change Levy icon

    Climate Change Levy


    The fee is calculated per unit of energy and will be included in your overall energy bill. 

    Save Money by Using Energy More Efficiently

    You can’t deal with what you don’t measure. So, to identify how much energy your business misuses and how much money you can save, you need to observe your energy use. If you always conduct corporate electricity cost comparisons with your most recent ones, you need to use a much better approach.

    There are many types of advanced metering systems available, providing you with a detailed representation of energy use within your business - far beyond that presented by the basic meter provided by your energy provider. These are:

    Half hourly meters - documents how much energy is consumed every 30 minutes - helpful in analysing energy-use patterns.

    Submeter - permit you to monitor certain areas or processes.

    A plug-in meter - can be ‘sandwiched’ between a power socket and the plug of the appliance to be monitored - these are cheap and handy for measuring small loads.

    Clamp-on meters - provide a non-invasive way of examining hot water flow - these are often used to classify large consumers of energy in large factories.

    Compare business electricity tariffs and increase your savingsCompare business electricity suppliers online before switching

    Strategies to Make Your Business More Energy Efficient

    Apart from comparing commercial utility costs, you can save even more money on electricity by following certain tips. Here are four basic strategies to make your business more energy efficient.

    Invest in Energy Saving Business Equipment

    Use tools and equipment with energy-saving features such as printers that save paper, power-saving desk lamps, and other similar gadgets depending on your sector.

    Power Down All Electronics When the Doors Close

    Making a modest adjustment such as switching off all electronics at closing time can make a significant difference.

    Consider Adding Solar Panels to Your Business Space

    If your company is prepared to put up the money, there is no other solution that is more immediately successful at reducing energy usage than putting solar panels on the roof. 

    Set Monthly Energy Efficiency Goals

    Setting monthly energy efficiency objectives is likely to be the most effective approach. They can be as basic as not exceeding a specific power indicator or purchasing a certain number of energy-saving items. 
    If you are looking for energy specialists, why not work with Compare Business Electricity? We are a professional firm that will help you compare energy rates for companies, allowing you to save money on your electricity consumption. 

    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!

    Compare-Business-Electricity-Logo-White-1024x187
    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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