Switching electricity and gas suppliers is actually quite a straightforward process, but it can be a time-consuming affair. This is because business energy customers must contact suppliers for individual, bespoke quotes.
Negotiation plays an important role in securing a good business energy deal so suppliers don’t always publish all their rates on business gas and electricity comparison sites. But don’t let this put you off - from a financial standpoint alone, the benefit of switching gas and electricity suppliers for business vastly outweighs the effort involved. This is especially true for business energy customers who have inadvertently found themselves on uncompetitive ‘rollover’, ‘deemed’ or ‘out of contract’ rates, a situation that can happen easily in the hectic commercial world.
You can compare business electricity tariffs and switch to a new deal in just five simple steps:
- Step 1 - Approach suppliers for business electricity quotes.
- Step 2 - Choose the tariff that best suits your needs.
- Step 3 - Apply for your chosen business electricity contract.
- Step 4 - Inform your previous supplier of the switch.
- Step 5 - Wait for your new business electricity supply to take effect.
Usually, switching business electricity and gas suppliers is swift and problem-free. But it can happen that your switch gets rejected. There is usually a simple explanation for this, such as the existence of an outstanding debt owed to your old supplier.
While comparison sites can help you to benchmark prices, gathering and analysing quotes from different gas and electricity business suppliers takes time. As a general rule, you should aim to try and compare quotes for upwards of 10 business energy companies to be sure your company is getting the best deal on the market. This is where an expert business energy broker such as Uswitch for Business can help. We can do the legwork by gathering and comparing energy quotes from a whole range of gas and electricity suppliers for business on your company’s behalf.