What Should I Know Before Comparing Business Energy Providers

Before you start, it’s important you understand that business energy plans are much more complex than with domestic properties. Business energy suppliers don’t offer dual fuel tariffs, so business gas and electricity must be compared separately. Pricing can also significantly vary depending on the following factors:

• Type of Business You Operate
  Not all businesses run Monday to Friday from 9am to 5pm. Businesses that consume more energy at night or at the weekend will usually pay lower rates during these off-peak hours since there is less overall demand.


• Location of Your Business.
  Business energy prices vary depending on the region in which your business is located. If your business is based in a rural area, you can generally expect to pay more than if it were located in the city.


• Size of Your Business
  The larger your business, the more buying power you have. If your business has multiple premises, you’ll be able to negotiate a better offer than if you were to operate from just one location.


• Amount of Energy Your Business Consumes
  The more energy your business uses, the more likely you are to get a better price per unit of energy that you use.


• Type of Tariff
  Tariffs can have fixed or variable rates. Fixed-rate tariffs protect businesses from fluctuating prices for the duration of the agreement, while variable tariffs reflect the market.


• Length of Your Contract
  Business energy contracts can usually last anywhere from one to five years. While longer fixed-rate contracts generally have higher rates than short-term contracts, you could actually save more in the long run because these prices will be protected from any market increases.


• Your Credit Rating
  If you’ve got a low credit score, you could end up paying more for business energy because you are seen as a higher risk.

Make Sure You Know Before You Switch!

It’s important to remember that once you agree to a business energy contract, you will not be able to switch to a different offer until the contract comes to an end. This is why it’s so critical to get it right the first time around.

Getting it right doesn’t necessarily mean agreeing to the cheapest offer either. You want to make sure that your business energy supplier is reliable and provides high-quality customer support as well.

We advise doing some research and checking out customer reviews to make sure you choose the best option for your business. If a problem arises, you’ll want to know that you’ve got a supplier you can trust to answer the phone and offer support.