Frequently Asked Questions

Want to know more about the advantages of working with Compare Business Electricity? Here are answers to the questions we’re asked most often.
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Are businesses eligible for cheaper electricity?

Businesses tend to get cheaper rates for electricity due to the higher volumes of energy they consume and their ability to negotiate better deals with suppliers. Overall bills are typically higher simply because they use more energy than domestic households. It’s also important to bear in mind that businesses do pay a higher rate of VAT for electricity than households. All this makes it even more important for businesses to shop around when sourcing a new supplier, as the savings can be significant over time.

Do energy suppliers in the UK charge differently?

Yes, they do. There is no standard rate for electricity in the UK. Suppliers charge different rates because of current market conditions, special offers, their own operating costs and even the weather conditions worldwide.

Do I need to notify my energy supplier before switching?

While the switching process is automated to a large extent, you should still provide your old and new supplier with meter readings on the day of your switch to ensure that you’re billed correctly.

Can you switch energy suppliers at any time?

Yes, you have every right to switch energy suppliers at any time, but it’s worth noting you may be charged an exit fee if you leave a fixed contract early. It’s better, therefore, to switch energy suppliers when your contract is coming to an end; however, this is not strictly necessary.

Woodgrange Laundry

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Voltix Services Ltd

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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!

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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