If you’ve never conducted a business energy comparison or switched energy suppliers before, you might be overpaying your business gas and electricity, or you are on an out of contract rate.
Simplifying Your Business Energy Comparison
The easiest way to compare business gas or electricity rates is to contact the team at Business Utility Hub. We partner with a range of leading energy suppliers to ensure you receive not only outstanding service but also access to the best rates available.
While we are experts in guiding you through the business energy comparison process, having relevant information on hand and understanding the type of tariff you might want to switch to can be beneficial.
Key Business Energy Tariffs to Know
Fixed-rate Tariffs:
Typically last between one and three years, these tariffs maintain the same standing charges and unit costs throughout the contract duration. Your energy bill will vary based on usage, but the rates remain constant. These tariffs are often the most affordable, protecting you from price increases.
Variable Tariffs:
These rates fluctuate based on market demand. If market prices drop, your tariff will decrease; Conversely, if prices rise, so will your costs.
Flex Approach:
Suitable for larger businesses, this method enables you to bulk buy energy in advance, securing costs while taking advantage of favourable wholesale rates.
Out of Contract Rates:
Out of contract rates are the default tariffs assigned by your energy supplier once your current contract has ended and you haven’t arranged a new one. This gap can occur if the switching process to another supplier is delayed. To avoid out of contract rates, you need to sign up for a new energy contract, either with your current supplier or a new one.
Benefits of Business Energy Comparison
Cost-Saving:
Comparing business energy suppliers enables you to find the best rates and optimize energy usage. Even minor changes can lead to significant savings on your business energy bills.
Environmental Sustainability:
By comparing business energy costs, you can identify ways to reduce energy costs, minimise energy waste, and upgrade to energy-efficient appliances, contributing to a more sustainable future.
Enhance Brand Reputation:
Using energy efficiently can helps your business stand out. By reducing energy consumption, you can enhance your brand reputation and attract environmentally conscious customers.
The quickest and easiest way to compare business energy is to speak to our friendly team at Business Utility Hub. Get a free quote and expert advice by speaking with us today!
