Business Electricity and Gas Prices Comparison

If you own a business in the UK then here’s how you can compare prices for electricity and gas energy supplies to get the best rates possible.

business electricity and gas pricesEven now most business owners simply let their contracts roll over each year and are paying far too much for both electricity and gas even if they are a small business never mind if they are a large commercial organisation.

The market has certainly improved a lot over recent years and it’s easy to get an online quote to reduce your tariff rates sometimes by up to 70% – which is what some of the large comparison websites will have you believe. You can get an instant business quote online here from British Gas who guarantee to beat any current quote you already have.

Finding the best energy rates for your business

There are certainly a number of websites around that can provide up to date information on rates and prices from all the energy suppliers including british gas business electricitybut all the others including Eon, Edf, Scottish Power, npower and Southern Electric who can all provide online quotes. Much like the utility comparison sites for home use the business websites undertake the same task. All you need is your business address and postcode plus estimated consumption data for the last quarter or year and then you’ll get a quote.

You’ll receive a more accurate quote if you provide your meter number which you can find on your meter. This is because all the large energy suppliers record all this data in a central database so you don’t need to find an old invoice to provide your consumption. There are plenty of tariffs that will be offered to you from regular rates to green energy options. You can find more about business electricity and gas prices from the website businesselectricityprices which have excellent information on business energy tariffs and all of your options.

Further reducing your rates

Other ways to find the lowest tariffs is to use a specialist broker who may have access to lower pricing. If you are a micro or small business it’s unlikely you’ll be able to get anything other standard pricing which works out as a fixed price for a fixed period of time, normally a one year contract. However of course if you have a larger commercial business you will be able to negotiate lower prices because your consumption will be higher.

No matter how large your business it’s always best to check pricing online first because for most businesses these will certainly be the cheapest option. Once you have found a provider you want to go with it’s always worth giving the customer services call centre a ring to see if you can get a different tariff or perhaps you want to fixed your rates for a longer period of time. Most energy companies will allow two or three year terms although the prices per kwh for electricity and gas may be a little higher because it is forecast for prices to increase over the coming years.

Additionally you can also get further discounts by paying your invoices by fixed monthly direct debit – normally you can receive an additional 2% to 4% discount and if you take both gas and electricity as a business dual fuel tariff additional reductions are usually provided for these types of contracts for business owners.

      

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