With wholesale prices constantly increasing and a complex range of tariffs on offer from the energy companies, you need the right help to guide you through the maze. Since 2008 the experienced team at BusinessElectricity.co.uk help all commercial organisations lower their costs with competitive prices for energy.
If you've just received your renewal letter from your supplier or simply wish to research your current market for rates, then our independent Business Electricity services can help. Micro and small business enterprises can take advantage of the online pricing system or our knowledgeable broker service.
Larger industrial and multi-site users require specialist advice to negotiate and procure their contracts due to the nature and timeliness of the tender process.
Compare unit kWh prices from all energy suppliers in the marketplace for your commercial property. Choose from one to five-year fixed-term contract lengths with our no-obligation service. This 60-second quoting system is suitable for all small businesses with 03-04 profile meter types.
Our half-hourly and max-demand meter customers benefit from our tailored tendering solutions. This service is specifically aimed at those companies using more than 100,000 kWh of electricity or gas per year, multiple site locations or using half hourly or max-demand meters.
We work with all the market-leading energy companies on a daily basis. Let us save you time and money by finding the right utility contract for your circumstances. Our industry experts will procure your energy on your behalf and be available during the life of your contract to assist with any queries you may have.
Renewal letters sent at the end of your current contract could have increases of 30% or more included from your existing provider. But you don't need to take this offer as standard direct tariffs from other suppliers enable you to maintain or lower your renewal prices.
Your options include fixed or variable prices for a contract of up to five years. Fixed priced contracts allow for improved planning and budgeting while variable tariffs increase or decrease as the supplier changes their prices depending on the wholesale energy market. You can select to stay with your existing supplier or transfer to another.
Additional discounts of up to 7% apply if you pay by monthly Direct Debit. You'll pay 20% VAT as a business rather than the 5% domestic users pay. Charities also pay the 5% reduced rate of VAT.
Changing contracts once they expire is an easy and straightforward process to obtain competitive rates for your company. You can undertake a comparison and switch your business energy in six simple steps:
You'll receive a range of options for fixed priced tariffs ranging from one to five years in duration by using the BusinessElectricity.co.uk advanced comparison systems. Switching to your new agreement takes up to six weeks depending on your existing terms.
|Business type||Consumption/ year||Unit price per kWh||Daily charge||Annual cost|
|Micro business||8,500 kWh||14.55p||28.3p||£1,340|
|Small business||18,500 kWh||14.12p||28.2p||£2,715|
|Medium business||45,000 kWh||13.76p||27.8p||£6,293|
|Large business||120,000 kWh||13.48p||27.0p||£16,275|
The above figures are typical prices obtained by businesses over the past 12 months using our services. Prices exclude VAT at 20% and Climate Change Levies.
If you don't terminate your contract, then your energy supplier will invoke a "roll over" clause. Currently, that means your prices get increased until you take action. The contract extension rates could be as high as 17p per kWh, which is 54% above the average paid by all small business customers. By getting our team to check your current contract rates, we guarantee to beat any renewal offer you've received.
SME products sold by all UK providers are fixed in duration and price for at least one year. Tariff prices quoted exclude VAT and the Climate Change Levy (CCL). Additional discounts of up to 7% may apply for paying by monthly Direct Debit. Terms and conditions apply to all deals and vary by provider.
Fixed price contracts are the norm for the majority of customers in the UK. Some energy companies are starting to offer a variable priced option that is prevalent for the residential market. The main drawback of having variable rates is that they can be increased at any time inline with wholesale market changes. Tariffs may also reduce in cost, but that's a rare occurance in the current climate.
The experienced BusinessElectricity.co.uk team have a combined experience of over 75 years. Each highly trained expert will fully understand your needs and locate a tariff suitable for your needs.
Once you've found a cheaper energy tariff, you can reduce your costs even further by consuming less. The Carbon Trust estimates the majority of businesses can reduce their fuel bills by up to 20% from introducing efficiency measures or conservation initiatives.
Simple awareness programmes would cut bills by 10% while investment in capital projects leads to the 20% reduction.
The government agency Ofgem regulates the B2B energy market ensuring fair play within the industry. There's a voluntary code of conduct administered by the Utilities Intermediary Association for Third Party Intermediaries (TPIs). The Energy Saving Trust has information on efficiency measures you can introduce. The Carbon Trust advises businesses on reducing carbon emissions and current legislation.