Business electricity tariffs are designed to fit the needs and budget of each individual business, meaning suppliers only offer bespoke business electricity quotes based on an assessment of your business and its energy consumption.
This is because no two businesses – regardless of how similar they are – will have identical needs, and so no two business electricity contracts are exactly the same.
And this means that the only way to ensure you’re on the best deal is to run quotes with each and every supplier, which can be both time consuming and confusing, particularly if you’ve little or no guidance on what a good deal looks like.
But, the good news is, the team at Uswitch for Business are experts in business electricity price comparison, and a quick call is all it takes for us to run quotes on your behalf and offer advice on the best rates for your business.
It never harms to do a little background research though, so to help you understand how your tariff stacks up against the rest of the market, here are the most common contracts offered to small and medium sized businesses:
- Fixed rate tariff - A fixed rate business electricity tariff allows you to pre-agree unit rates with your supplier and pay these rates throughout the duration of their contract. These rates are usually competitive, but you should always run a business electricity comparison before agreeing to any deal, to make sure you can’t get better rates elsewhere.
- Deemed rate tariff - Deemed rate tariffs work on 28-day rolling terms that come into effect if you fail to formally agree a new contract with your supplier before your current deal ends. Deemed rate contracts charge inflated rates, but you can switch from these more costly tariffs by giving just 28-days’ notice.
- Rolling Contract - A rolling contract ties you into a new, year-long contract on inflated rates. You can sometimes negotiate a new contract on blend and extend terms, which allows you to agree to lower rates by signing up to a new long term contract, but these new rates will still not be as competitive as others you could find elsewhere on the market. Rolling contracts aren’t as common as they used to be, as most suppliers now offer deemed rates instead, which is a much fairer price plan.
No matter what type of tariff that you’re on though, there’s always a chance you can save money by switching supplier. But instead of burdening yourself with the hassle of ringing around suppliers, let us find a cheaper business electricity quote and switch you to a better deal - call us today on #CAMPAIGNBUSINESSSERVICENUMBER# to speak with one of our team.
To switch your business energy today call #CAMPAIGNBUSINESSSERVICENUMBER#
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