Business Electricity Prices

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Energy continues to be a major cost for most businesses.

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Whether you are a high electricity user or a service-based office, electricity makes up a substantial proportion of your monthly bills. Our energy consultants can get exclusive business electricity rates by using our premier supplier pricing. Business electricity requires bespoke pricing and we offer an extensive range of competitive electricity packages to cater for different requirements from 27+ suppliers.

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How can we get you cheaper business electricity rates?

Electricity makes up a huge portion of any business utility bills and finding cheaper business electricity rates in line with the day to day life of being a business owner eats into time that could be used elsewhere. Here are 4 tips on how you can get cheaper business electricity rates.

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Our business electricity saving tips

Use electricity from renewable sources:

By switching to renewable energy resources you don’t have to pay the climate change levy, which is a tax that businesses need to pay for business energy. To find out more about renewable energy visit our green energy page.

Sign up for a smart meter:

A smart meter does all the work for you, meaning you don’t have to carry out regular checks on your electricity meter yourself. This meter will send the readings directly to your energy supplier, making your business electricity bills more accurate and reducing the chance of you having to pay the odds

Compare quotes before your contract ends:

It is important to shop around to get as many business electricity quotes possible before your contract ends. the best time to start looking is six months before the contract end dates.

 

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How can we help you save on your electricity bills?

With over 80% of businesses overpaying on their electricity bills we are dedicated to helping you save more on your business electricity. The complexity of the business energy market can be quite overwhelming, so taking advantage of industry experts enables you to save money on your electricity bills without the hassle of searching for deals yourself.

Utility bidder are experts in finding and negotiating the best business electricity prices that suit your specific requirements. We have access to all major business electricity suppliers, and with our premium status, we are able to find the best deal to compliment your needs. If the best deals require a complete switch. our handy team of experts will take care of the whole process for you.

Business electricity suppliers, tariffs and prices

Deemed Rates are the standard rates you'll pay a supplier if you approach them directly. As a business utility broker, our rates from the same suppliers are considerably lower.

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Why choose us – We make a commitment to each and every business that we'll provide an award winning service and 5* expertise at every stage of the process. No two businesses are the same - our team of utility experts are available to help you and provide services based on the specifics of your business. We successfully work UK businesses across all sectors and sizes.

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We’re dedicated in helping businesses like yours save more on energy. Contact us today and a member of our team will help you find the best deals on your energy prices.

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Frequently Asked Questions

To start saving money on your business electricity you have to tackle consumption and energy spend. Energy monitoring and saving devices are good, but if you want to save money you also have to look at your energy statements to see how much you’re paying for your unit rate and daily standing charge. Keep your contract end date in mind, you can start comparing business electricity quotes up to one year before your contract end date. Your current rates will be used as a starting point.

Many suppliers are offering their customers free smart meters, allowing you to monitor your usage in real time. Why not see what optional extras you can get with a contract by speaking to us today.

Digital – Read from left to right. If you have 2 numbers due to having a ECO20:20 or Economy 7 meter, then take note of both readings.

Electronic – There’s 2 different types of electronic meters. This could show a digital cycle display where you have to press a button to see the numbers, or they may visible at all times. Dismiss the red numbers and refer to your previous bill or Utility Bidder to find your day and night rates.

Dial – Always read the meter from left to right. If the number is between 2 different digits then take the lower number. If this is between 9 and 0 then take the number 9.

You may have seen the increase in your business electricity prices per kWh over time, this is because electricity costs are increasing.

Although prices are generally increasing, there’s occasionally dips in the market (which need to be taken advantage of) but across the years, when analysing our date, prices / rates are inflating.

Securing a long term fixed contract early will help to protect you from the elements, although it can’t be avoided forever.

We recommend securing your new business electricity tariff early to avoid disappointment. Switched energy supplier with us before? Your account manager manage your business energy contracts, providing high customer service.

Your contract end date can be found on your bill, but if your struggling to find it then we can help. Our business electricity brokers are experts at analysing bills. You could be out of contract and paying inflated out of contract rates.

Due to our status with brokers. We can help ensure that you switch to the best deal for your company. Call us today to find out if your business is paying too much.

A smart mater automatically checks your energy consumption every month. Subsequently, your businesses electricity bills will be more accurate. This can help save on your electricity usage. A lot of suppliers can offer smart meters for free as part of your deal.

You can switch your electricity supplier at the end of your contract. It’s important to check if your contract has come to an end because your business could be on to a variable price plan. Variable rates are a lot higher then your contract rate, therefore you will be paying a lot more!

Most electricity suppliers give you a six-month window to choose a new contract before the end date, some are generous and give you a whole year.

Chat with one of our friendly commercial team and we will look in to your bills and pricing for you.

Generally speaking, business prices are cheaper than domestic. However, there are a number of considerations to take in to account before choosing your tariff:

What meter type is installed?How small or large is your energy usage?Business prices are usually fixed, is it a fixed price contract?Don’t jump in, compare prices for both domesticTax – could you claim back deductions Discuss the protection that you will receive on your contract. Does this weigh up vs domestic?Is your business a micro business?Is your business energy contract short term or long term?Do you require gas and electricity?How long has your commercial electrical supply going to be active for?

There’s many additional and inclusive charges that make up your statement. Only 45% of your unit rate is made up of raw electricity, the rest is made up of additional charges that get picked up on the journey to you. The cost of generating and distributing electricity for business is extremely high and over the years we have seen this increase dramatically.

Figures suggest that this trend is set to continue, with business electricity prices per kwh continuing to increase. It’s important to lock in the best deal for your business.

The initial renewal quote you receive from your current supplier is likely to be inflated. Having a good consultancy on board gives you access to all major suppliers and takes care of the process. Utility Bidder have access to live prices, allowing for negotiation of the best electricity deal for your business. If the best deal requires you to switch providers then we can deal with the whole process for you.

Speak to our experts today and we can compare business electricity prices and rates for you.

If you’re moving business premises, adding another site to your portfolio or cease trading, it’s necessary that you let your electricity supplier know, or search for the best deal.

If you have a broker or consultancy on board, they can help with logging a change of tenancy (if required) and this take care of the set up at any new premises – that’s one less thing you have to worry about.

Both small businesses and large business electricity prices vary based on consumption, sector, location and contract length.

Corporate electricity rates vs small companies, means that collating generic quotes online is not a recommended solution. Each case should be treat on an individual basis.

Speaking with a professional in the industry, that has access to contacts within, can save you a lot of time and money. At Utility Bidder, we handle the process for you, from initial contact with our supplier account managers, down to the paperwork and bill queries. We will negotiate the best utilities tariff for you, allowing you to concentrate on running your business.

A fixed tariff means you will be charged a fixed fee depending on your business electricity use. A variable tariff is impacted by market sluctuations, whereas a fixed tariff is not. There is no right or wrong answer when choosing between the two: it is all down to your business and your use. Discuss commercial electricity prices UK today.

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