What Is Business Energy?

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Why You Need to Switch Your Business Energy Suppliers

With prices on the rise, it's essential that you are getting the best possible energy deal, or you run the risk of hugely overpaying on one of your largest expenses. 

Read our quick guide on why you should switch business energy suppliers and how you can use our free business energy comparison tool to help find you the best business energy deals! 

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Why You Need to Switch Your Business Energy Suppliers 

Save Money

It is important to make sure that you switch your business energy supply in good time to make sure that you do not find yourself on an unnecessarily high tariff. 

If you have just moved premises, you will be placed on a "deemed energy contract," which is one of the most expensive tariffs available and should be switched immediately. 

If you don't switch to a fixed tariff before your current one expires, you will be automatically moved to a variable tariff, which offers no security against unpredictable price fluctuations. 

Scalability

If your business is rapidly growing, you may soon find that your current energy tariff is no longer fit for purpose, and without a reliable energy source, you won't be able to effectively perform your daily tasks. 

Whether you've bought a new piece of heavy machinery or expanded your office size, no matter your growth, this expansion is pointless if you can't properly power it. 

Improved Customer Service

Some business energy suppliers are better than others when it comes to providing you with top-quality customer service. 

If you find yourself on hold for hours on end - time that could be spent on your business - then it's time to find a new supplier. 

Better Contract Terms 

Switching over to a new supplier could lead to you negotiating improved contract terms, including contract length, price, or a more flexible contract that better suits your specific needs.

Go Green

Renewable energy is becoming more popular, with 40% of the UK using environmentally friendly sources in 2022. 

Switching could see your business join the green revolution and do your part to help combat environmental change. 

 

 

 

Switch Business Energy Suppliers Today!

Now that you know why you should switch tariffs, it's time to learn how to do it. Luckily,  it's quick and simple. 

All you have to do is answer some basic questions about your business and then using this information, we can only show you the tariffs that are best suited to your business.

Our service is 100% free and non-committal, so to get started, just tap the button below now!

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FAQs: Your Business Energy Questions Answered


No two businesses are the same, and neither is their energy consumption, so it is difficult to accurately pinpoint how much energy will cost your business. 

However, the average SME will be likely to exceed £3000 for electricity and pay about £1000 for gas. 

Businesses also have to pay 20% VAT on energy bills and contribute to the Climate Change Levy (CCL). 

Over the past few years, multiple factors have caused huge rises in the price of energy in the UK, with no sign of them slowing down. 

Between February 2021 and August 2022:  
Electricity rose by 349% 
Gas rose by 424% 

If you are not on a fixed tariff, then your prices will continue to rise, causing you to unnecessarily overpay on one of your largest expenses. 

There is no cap on business energy prices as there is for commercial energy. 


This is why it is essential that you switch suppliers to a better deal as quickly as you can, which you can do with our free business energy comparison tool.  

Business energy, also known as commercial energy, works almost identically to how your energy supply for your home does, except with a few key differences. 

  • Business tariffs will typically come with more favourable rates than your home ones. This is because you are bulk buying the energy because a business will typically have larger premises than a home. 
  • There are no dual fuel tariffs so you will have to purchase your business gas and electricity separately. 
  • Business energy tariffs are more suited to your needs as they take into account certain business requirements that home tariffs do not. 
  • Businesses have to pay 20% VAT on energy bills compared to 5% for domestic usage, although you could qualify for lower rates. 
  • Businesses also have to pay the Climate Change Levy (CCL) which is an extra ½ penny - 1 penny per kWh.

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