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28th February 2023

Everything you need to know when you compare business electricity plans

Are you running a small business and not sure which electricity plan is right for you? Comparing business electricity plans can be a daunting task. There are so many factors to consider, such as price, usage, energy source, customer service and more. It’s important to compare all the different options available to make sure your business gets the best deal. Let’s take a look at what you should consider when comparing business electricity plans.

comparing business electricity plans

Are you running a small business and not sure which electricity plan is right for you? Comparing business electricity plans can be a daunting task. There are so many factors to consider, such as price, usage, energy source, customer service and more. It’s important to compare all the different options available to make sure your business gets the best deal. Let’s take a look at what you should consider when comparing business electricity plans.

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Woodgrange Laundry

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Price & Usage

The most important factor to consider when comparing business electricity plans is price. Different providers offer different rates based on how much electricity you use every month. The key is to find the provider that offers the best rate for your estimated usage. Make sure you know exactly how much power your business consumes so you can properly compare prices. You should also check if any discounts or incentives apply when signing up with certain providers.

Energy Source

Another significant factor when comparing electricity plans is the energy source. Most businesses use either green energy or traditional non-renewable energy sources like coal or natural gas for their power needs. Renewable energy sources like solar and wind are becoming increasingly popular among businesses due to their low environmental impact and cost-saving benefits in the long run. Consider your company’s commitment to sustainability when making this decision as well as any additional costs associated with renewable energy sources like installation fees or maintenance costs.

Customer Service

Finally, it’s important to consider customer service when choosing an electricity provider for your small business needs. Make sure you check reviews from other customers before making a decision since customer service can often make or break an experience with an energy company. Good customer service includes things like prompt responses, clear communication about pricing, no hidden fees, and helpful advice about which plan might be best for your specific needs. It pays off, in the long run, to do some research ahead of time instead of waiting until something goes wrong down the line!

Making an informed decision about which electric provider is right for your small business requires looking into various factors such as price, usage, energy source and customer service ratings before signing up with any one provider. Doing thorough research ahead of time will help save time and money down the line by ensuring that your small business gets the best deal on its electric plan! Comparing business electricity plans doesn’t have to be a difficult task; just keep these tips in mind before making a final decision!

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Getting the best deals on the best electricity contracts for businesses is easy with us!

In order to help you with the day-to-day running of your business while also keeping track of the latest changes in energy pricing, you need a trusted partner in energy management.

The goal of Compare Business Electricity is to provide you with information, guidance and support to help you make informed decisions about your energy supply contracts so that you can find the deal that is right for you.

It's important for us to understand the needs of our customers and to be able to provide them with solutions that will meet their requirements. If you need help with this, then we have all the tools and resources at our disposal; all you need to do is give us a call on 01274 081 070 or email us at hello@comparebusinesselectricity.uk.

With Compare Business Electricity, you can easily compare the electric rates for businesses!

You can use Compare Business Electricity to easily compare business electricity prices in your area and find the best rate for your needs. We do this by comparing electricity providers on our site, allowing you to decide which provider will offer you the best rate for your business at the time of comparison.

Our goal is to empower businesses with information they can trust, which is why we will only work with companies that we have carefully vetted through our team of experts. It is also important to us to provide customers with an easy way to make a decision that meets their needs. Our team puts in the hard work, so you don't have to.

You should know everything about business electricity before you commit

In a business setting, what are the things that use the most electricity?

An organisation's three biggest electricity consumers are their heating, cooling, and lighting systems.

Heating and cooling can account for more than half of a business's electricity use, so it's important to ensure that your heating system and HVAC system, if you have one, are energy-efficient. Lighting can also be a big electricity consumer, so use LED bulbs and fixtures whenever possible.

How much electricity does a business consume each month as a result of its operations?

According to the size of the business and how much electricity it consumes, this will vary. An example of this would be a small business having a monthly use of 500 kilowatts, while a large business might use upwards of 100,000 kilowatts per month.

As a general rule, businesses should anticipate that their energy consumption will increase in the winter months when they will be using more electricity for factors like heating and lighting and decrease in the summer months when they will be using less electricity to power these things.

Is the cost of electricity for businesses higher than for domestic users?

The majority of the time, yes. Due to the fact that businesses typically consume more electricity than households, they have to pay more for it.

The reason for this is that businesses tend to have larger spaces which require heating or cooling, and more machines which require electricity to function properly. There are also a lot of businesses that tend to run during peak hours when electricity rates are higher.

There are many energy suppliers in the UK, but which is the cheapest one?

No single energy supplier in the UK can be said to be the cheapest. There is an extensive range of energy prices depending on your location, the type of energy you use, and how much energy you use.

Having said that, there are a number of ways to reduce the costs of your energy consumption. One way is to switch to a cheaper energy supplier. It is our goal to help you find the best supplier for your business electricity needs here at Compare Business Electricity. Rather than you having to do all the hard work, we will do all the research for you by comparing the prices and tariffs from various utility companies.

Is it better to be on a fixed or variable energy supply?

It is important to understand that there is no one-size-fits-all answer to this question, as the decision to use fixed or variable energy depends entirely on the needs of the business. Nevertheless, there are some factors to think about when making this decision, and they are as follows.

When you have fixed energy costs, you get a more predictable monthly bill. This can be useful for businesses which suffer from tight budgets. Businesses can take advantage of falling energy prices, if the market allows, by using variable energy to reduce energy costs over time. A fixed energy contract usually entails cancellation fees, so businesses should also consider the length of the term of the contract before committing to it long-term.

There are no cancellation fees usually associated with variable energy contracts, so businesses can switch providers without facing a financial penalty if they find a better deal elsewhere, if they wish. Some businesses may have the option to choose a hybrid energy plan, which combines features of both fixed and variable energy plans. In deciding whether to sign up for a fixed or variable energy plan, businesses should consider their budget, needs, and goals.

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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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