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23rd February 2023

Tips for saving money by comparing business electricity prices 

Budgeting and saving money are essential parts of running any successful business. But with so many competing electricity providers in the market, it can be difficult to know where to start when trying to reduce your company’s expenses. In this blog post, we’ll provide expert advice on how to get more for less by comparing business electricity prices and finding amazing deals for your needs.

compare business electricity

Budgeting and saving money are essential parts of running any successful business. But with so many competing electricity providers in the market, it can be difficult to know where to start when trying to reduce your company’s expenses. In this blog post, we’ll provide expert advice on how to get more for less by comparing business electricity prices and finding amazing deals for your needs.

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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.

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

Research your options

The first step in budgeting and savings is researching your options. There are a variety of different energy providers out there, so take some time to look into each one and determine which one offers the best rates and customer service. You should also consider whether or not they offer renewable energy sources like solar or wind power, as these can be more cost-effective than traditional electricity sources in the long run.

Understand your usage

The second important step is understanding your usage patterns. Look at your past bills and analyse how much electricity you use each month, as well as during peak times such as winter months when heating and lighting are needed more. This will help you find the right plan that fits your needs and helps you save money in the long run.

Compare your options

Once you better understand your usage patterns, it’s time to start comparing energy providers. Look at their rates, terms of the agreement, customer service policies, and other factors that might affect your decision. Make sure to read all contracts carefully before signing anything! Once you’ve narrowed down your choices, contact each provider directly with any questions or concerns you may have to make an informed decision about which one is right for you.

Saving money doesn’t have to mean cutting corners or sacrificing quality; it simply means taking the time to do some research and compare different options before deciding what kind of business electricity plan works best for you and your budget. By taking these steps - researching your options, understanding your usage patterns, and comparing plans - you can find a contract that meets both your needs and budget goals without breaking the bank! With a little bit of research and planning ahead of time, finding affordable business electricity plans can be quick and painless!

Find out more about how the electric industry is evolving and reacting to the latest news and trends by checking out more of our blogs!

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Get amazing deals on business energy contracts with us!

We know how challenging it can be to keep up with the latest changes in the energy market without losing sight of the requirements of your business.

For this reason, Compare Business Electricity is committed to providing you with the information, guidance, and support you need to make wise decisions about your energy supply contracts.

Our company has extensive experience in the sector, and we will be able to find the right solution for you that will meet your unique needs. Our team has the tools and resources to provide you with the best service that we can provide. All you need to do is call us on 01274 081 070 or email us at hello@comparebusinesselectricity.uk.

We make comparing business electricity prices easy at Compare Business Electricity!

You can use Compare Business Electricity to compare business electricity prices in your area from a variety of providers and choose the best contract for your business.

Providing businesses with the information they can trust is something we strive for, and that's why we only work with companies that have been vetted by 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. To save you the hassle of doing the hard work yourself, we do it for you.

Getting started with business electricity: All you need to know!

In a business, what kind of electrical appliances consume the most electricity?

It is widely recognised that the three largest electricity consumers in a business are heating, cooling, and lighting.

The heating and cooling of a business can account for more than half of the business' electricity needs, so your systems must be energy-efficient. Lighting can also be a big electricity consumer, so use LED bulbs and fixtures whenever possible.

How much electricity does a business use per month?

It depends on the size of the business and the amount of electricity it uses daily. An example of a small business' electrical consumption would be 500 kilowatts per month, whereas a larger business's electricity consumption could be up to 100,000 kilowatts per month.

Businesses may expect to experience an increase in their energy usage during the winter months when they are using a greater amount of electricity for things like heating and lighting in comparison to the summer months when they will be using a much smaller amount of electricity to power these resources.

What is the cost of electricity for businesses?

In general, electricity for businesses is more expensive than for domestic customers. In simple terms, because businesses typically consume more electricity than households, they have to pay more for it.

The reason for this is that businesses have larger spaces that need to be heated or cooled as well as more equipment that requires electricity. Businesses also tend to run during peak hours when electricity rates are higher.

Is there a cheap energy supplier in the United Kingdom that I can use?

In the UK, there is no single provider that is the cheapest for energy. In terms of energy prices, they vary depending on where you live, what type of energy you use, and what amount you use.

As a result of this, you can likely save money on your energy bills in several ways. One key way to save money on energy is that you can switch to a cheaper energy company. You can find the right supplier for your business by contacting Compare Business Electricity. If you want all the hard work done for you, we can compare rates and tariffs from various utility companies for you.

Which type of energy is best for your business: fixed or variable energy?

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. Instead, you can consider the following factors when making this decision. Because it provides a more stable monthly bill, fixed energy can help businesses with tight budgets to stay in control of their expenditures. When the market permits, businesses can take advantage of falling energy prices by switching to variable energy, which will save them money in the long run.

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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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