Are your business gas and electricity prices eating up your profits?
Business utility costs are not necessarily a top priority for a lot of business owners who just want to get on with their work and run their company. However, they might be in for a rip off.
Business gas and electricity prices can really vary between energy suppliers. Moreover, the prices the same supplier offers to different businesses can vary significantly.
That is why businesses need to actively negotiate their gas prices with suppliers, otherwise they might be ripped off.
At energyhelpline business we help our customers compare prices from different suppliers and get the good deals. Our advisors often find that customers, especially low-usage ones, are on atrocious business gas and electricity rates due to just agreeing to what their supplier has offered.
Business gas suppliers
There are numerous energy suppliers in the UK that supply gas to businesses.
The Big 6 energy suppliers and other smaller suppliers from the residential market also operate on the business energy market. There are some suppliers such as Contract Natural Gas (CNG) and Crown Gas and Power that only supply gas to business customers.
Most business gas suppliers offer fixed-price contracts for a period of between 1 to 5 years.
The contract conditions can vary massively between suppliers – what kind of businesses they take on, what kind of consumption they would supply for, etc. For example, CNG would not take on customers with high gas consumption.
For this reason going to the different business gas suppliers yourself and collecting quotes might be a time-consuming task.
Business gas prices
The price your business will be charged for gas depends on different factors – your location, the type of your business and your annual consumption.
When looking at gas prices there are two different values to be aware of – unit rates and standing charges. The standing charge is a daily charge for the meter and unit rate is what you are charged on top for the amount you use.
Prices from different suppliers could be difficult to compare as some suppliers will have low or no standing charge and higher rates or vice versa.
Business gas prices haven’t been as volatile as electricity ones in the last year. While electricity rates have increased significantly, gas prices have stayed relatively stable.
The cheapest gas rates, depending on consumption, start from 2.8p/kWh. On average the rates are around the 3.5p/kWh mark.
Of course, this stability can’t be guaranteed to continue for a long period of time so if you want to make sure your business doesn’t pay over the odds for gas, make sure you get a low cost deal for it now.
How can energyhelpline business help you compare business gas?
Looking around for a better deal on your business gas is made easy with energyhelpline business. Our helpful advisors will be able to compare prices from 16 business energy suppliers, including gas only and both gas and electricity suppliers.
After getting a few simple details from you which you can find on your bill, we’ll be able to provide you with a free quote.
Our advisors are also able to let you know which supplier is more likely to accept you as a customer (depending on your business credit score) as well as the customer service levels of these suppliers.
If you choose to switch, we will also take care of the communication with your old supplier and new supplier and will make sure your contract goes live seamlessly. Thus, we’ll save you not just money, but also valuable time which can be used to just run your day-to-day business.
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You’ve probably noticed your business electricity bills rising rapidly over the past couple of years.
The price we pay for our business electricity is largely dictated by wholesale gas prices, as 40% of UK electricity is generated by gas-fuelled power stations.
In 2002, wholesale gas prices began to rise at an unprecedented rate, which forced up the price of electricity. As the world’s economy has grown, demand has pushed wholesale gas prices through the roof.
The UK’s North Sea fields have declined faster than predicted, so the UK has been forced to import more gas from Europe. At the same time, the price of oil has risen massively, which has also driven up wholesale gas prices.
It’s easy to switch business electricity and cut off the bills with energyhelpline.com.
The UK energy market is very competitive, with 10 major companies offering a variety of different business electricity tariffs. energyhelpline.com makes it easy to compare all business electricity suppliers and switch to a new company.
To find the best deals for your business call 0800 008 77 72. Our office hours are Mon-Fri 9am-5pm.
How do I get cheap business electricity?
Making sure you have your current business electricity bill to hand will make the whole process a lot quicker.
With our free of charge service at energyhelpline business, we can get exclusive rates direct from the suppliers. This stops the need for you to go directrly to each supplier, and means we have the most competitive rates, saving you both money and time.
It takes approximately 4-6 weeks to switch business electricity suppliers and we will oversee the process on your behalf, communicating with both your new and old supplier to make sure everything runs smoothly.
To find the best business electricity prices call 0800 008 77 72. Our office hours are Mon-Fri 9am-5pm.
Alternatively, click here to look for a great business electricity deal.