Energy Plans

You should begin by thinking about your energy needs. Is most of the energy used during the day or at night? Do you want to be more eco-friendly? Do you currently have a prepayment meter? All of these things could have an impact on the tariff that you can choose and the cost. For instance, using only 100 per cent renewable electricity will likely cost more per unit than electricity that comes from the National Grid.

Once these things have been decided, you can start shopping around for business energy. But with so many plans available, how do you pick? Below, you can find some things to look for in your tariff that may help you to make a decision.

Many energy suppliers require a standing charge payment. This is a fee that you pay in order for your home or business to be connected to an energy supply. It means that, even if you didn’t use any gas for a day, you’d still be required to pay the standing charge.

As an average, the daily standing charge can be between 5p and 60p for electricity and 10p to 80p for gas. If you’re looking to save money, you may wish to find an energy supplier who charges on the lower end of the spectrum.

Some energy providers don’t require a standing charge, however the energy cost per unit is generally higher, meaning you won’t always save money by not paying it.

For each energy plan, there’s a certain length of time you’ll be tied in for. This can range from 12 months to 36 months. Consider your circumstances and pick a time frame to suit you. For instance, if you’re a pop-up business that frequently moves around or someone who’s renting an apartment short term, a 12-month time frame would likely be the most suitable.

Finally, you may want to look into green energy plans. These allow you to offset the carbon produced by your home or business via the purchase of renewable energy. If you wanted to choose one of these tariffs, your supplier could tell you how much of each type of renewable energy they generate, as well as if they contribute money to any environmental schemes.

These tariffs can be more expensive, but if your business uses most of its energy overnight, the cost could even out. Energy tends to cost more during the daytime because there’s a higher demand for it, therefore using green energy at night could cost the same as using standard energy during the day.

If you’re searching for the best deal, you may want to compare business energy plans to find the cheapest and most suitable plan for your business. By doing this, you’ll be able to view side-by-side comparisons that can help to make your decision.

You can do this with Utility Bidder. Simply tell us your name, phone number and postcode, and we’ll give you a call to discuss the best options for you and your business.