It’s time to compare business electricity prices

Avoid overpaying for your energy! It takes only a few minutes for us to help you compare business electricity prices and find the right energy deal for your needs. See below for some answers to your frequently asked questions on business energy comparisons.

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What’s on this page?

  1. Compare business electricity providers and save
  2. Why use Smarter Business to compare business electricity prices?
  3. Why compare business energy prices?
  4. Business benefits: it pays to switch
  5. 5 Signs it’s Time to Compare Business Electricity Prices
  6. Here are 5 signs that it’s time to compare business energy prices:
  7. Business Electricity Comparison: Your Frequently Asked Questions

Compare business electricity providers and save

Energy is an essential expense for most businesses, which means that most businesses stand to save money and improve profitability by reducing energy expenditure.
Comparing business electricity prices from different suppliers is a quick way to start saving!

How to compare business electricity prices in three simple steps

  1. Get in touch with an energy expert at Smarter Business
  2. We’ll just need your postcode and energy consumption habits
  3. We’ll conduct a whole-of-market price comparison on your behalf

Why use Smarter Business to compare business electricity prices?

  • We’re 100% independent.
  • We use market-leading technology to find the best available deals.
  • We use our collective bargaining power to negotiate on your behalf.
  • We compare energy prices from over 27 energy suppliers (including all of the big brands) to help you save on your energy bills.

Why compare business energy prices?

Failing to compare electricity providers has come at a cost of £1,500 over six years for millions of UK households, a recent survey has revealed.

The difference between the average standard variable tariff and the cheapest deal on the market is significant, but millions of businesses and households are simply not switching providers to access these savings.

Although households could save up to £300 per year if they switch suppliers, figures from the Office of Gas and Electricity Markets (Ofgem) show that over a third (35%) UK households did not change their gas or electricity provider between 2012 and 2017.

The YouGov survey found that: A third of UK households (33%) say they do not compare electricity providers because they believe all suppliers are the same and don’t see the point in switching. 65% of people would read reviews when planning to spend £1,000, but only 16% read reviews about their new energy supplier or tariff when they last switched.

Business benefits: it pays to switch

The potential savings for businesses are also significant when they compare electricity providers and change suppliers. A growing competitive market presents businesses with the potential for simple savings, and shopping the market can yield savings of up to 40%. Tips for businesses and households to cut energy bills: Staying with the same energy supplier means that you may be paying hundreds of pounds more a year for the same gas and electricity. Check your energy tariff regularly and switch to a cheaper deal is one of the quickest and easiest ways to cut your bills. Install a smart meter. Use an independent consultant to negotiate, procure, and compare quotes on your behalf.

So what stops people from comparing electricity providers and switching? It’s time and effort. Although the savings are attractive, securing cheaper energy contracts for your business can be frustrating and time-consuming. At Smarter Business, we know that time is one of the most valuable resources for SMEs. As an independent consultancy, we leverage our long-standing relationships with reputable suppliers to ensure contract terms that save you money and are best-suited to your needs. Contact us today to find out how we can help your business compare electricity providers and discover potential savings.

5 Signs it’s Time to Compare Business Electricity Prices

In today’s competitive energy market, it pays to compare business energy prices. A growing number of energy suppliers in the UK means a wide range of business energy prices and packages.

Did you know? Suppliers are making around £500m in excess profits due to UK businesses overpaying on utility bills. By shopping the market and taking the time to compare business energy quotes, your organisation can save up to 40% on business energy tariffs.

Here are 5 signs that it’s time to compare business energy prices:

  1. Your existing energy contract is coming to an end. You have a window period before your contract ends to compare business energy prices to identify potential savings.
  2. You are on a deemed contract. Out-of-contract rates are expensive, so it’s best to negotiate or source a new contract before your existing energy contract comes to an end.
  3. Your options are limited. An energy supplier may recommend a deal to you without including all the energy contract options available, which means that you’re not able to compare business energy prices comprehensively.
  4. You signed up when energy market rates were high. You may have started a new contract when energy prices were high. This means that you are stuck paying higher rates than you need to.
  5. Your supplier hasn’t taken your unique circumstances into account. A number of variables affect the price you pay for your energy. In addition, every organisation has its own context and requirements that will affect the kind of energy contract to suit their specific needs.

Business Electricity Comparison: Your Frequently Asked Questions