Business Electricity Comparison

Why your business needs business electricity comparison before a purchase?

Electricity helps your business to run. From computers to machines, energy is essential in every appliance. Business electricity comparison plans help you to find the best deal for your company. Even a small cut in your rate can save hundreds within a year. It makes budgeting easier and gives your business more control over costs.

What a comparison actually means?

Comparing business electricity basically refers to checking different suppliers and their offers. Each supplier sets their rates based on factors like wholesale prices, the business type, and supply costs. Before making a purchase, make sure to check the key points-  i.e unit rates (cost per kWh), standing charges (daily fixed costs), contract length and renewable terms. For example, a plan with a slightly higher unit rate but lower standing charges could be cheaper in the long run. 

Benefits of business electricity comparison on a regular basis

Checking electricity deals regularly has several benefits. You can spot cheaper rates and avoid moving to expensive default tariffs after a contract ends. It  also helps you to respond to market changes and unlock better deals before prices rise higher. A contract before commitment should be compared with as many suppliers as possible. 

This business electricity comparison can also support sustainability goals. Many suppliers now offer renewable energy at competitive rates. Switching to a green plan can save money and improve the reputation of your company among customers and clients. 

How you can compare your business electricity rates in the right way?

Start by gathering recent energy bills. Make sure to note your average usage, current rate and expiry date of the contract. Online comparison sites make it easier to see multiple offers at once. 

For larger or complex energy needs, an energy broker can help. They can negotiate exclusive deals. Always ask about their commission and make sure it is clear. 

Common mistakes that can be avoided with a little caution

Many businesses focus only on the lowest headline rate. Hidden fees, early exit charges or poor service can cost more in the long run. People tend to forget checking these. It is necessary to check all the issues before paying. Another mistake is waiting too long to renew contracts. Suppliers often place expired accounts on higher default tariffs. 

How to save more by comparing business electricity rates?

Review contracts at least once a year. Even small businesses can save hundreds by switching to better tariffs. Keep recent bills and average usage handy before comparing.

Do not let rising electricity costs hurt your business and run you on loss, thus start business electricity comparison from now .  

FAQ

  1. How often should I check my electricity plan? 
  • You should check your electricity plan at least in an interval of 6 months before renewing it. It saves you from paying extra. 
  1. Can I switch my energy supplier anytime? 
  • Yes. But before switching, you need to check your current supplier once. Also, in case of a new supplier, make sure to go through the terms and conditions. 
  1. Can I reduce my electricity costs without changing the supplier? 
  • Yes you can. You can save your electricity by using energy-efficient lighting and appliances, turning off unused equipments and by maintaining machines and meters. 

We have collaborated with all the top UK energy providers including:

  • British Gas
  • BG Lite
  • Scottish Power
  • SSE
  • Npower
  • Total Energy
  • Yu Energy
  • EDF

Got questions? Call or WhatsApp us at 0330 133 2181 — the Utility Network team is always happy to help!