Why changing your energy supplier can be great for SMEs

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If you are the owner of a small or medium-sized enterprise, you’ll be very aware of the numerous day-to-day challenges it presents. These challenges include managing expenses, filing tax returns, and just the general administrative duties that come with running such a business, and keeping it profitable on a day-to-day basis.

The biggest costs for UK businesses

All businesses have operating costs, and whether it’s for stock or materials, premises renting, or anything else your business needs to keep running, it all adds up. One of the biggest costs for UK businesses can be energy suppliers – and whether you are paying via a monthly tariff or are on a yearly contract, paying over the odds for your commercial energy can be a significant drain on your company’s resources.

The ‘Power to Switch’ campaign

Fortunately for UK businesses, there has never been a better time to switch energy suppliers, and to take control of your own destiny. No longer should companies feel trapped by energy suppliers, or feel that the whole industry is a cartel that’s in it together, just waiting to rip people off. This point was emphasised recently when the government introduced its ‘Power to Switch’ campaign, which was designed to promote the possibility of switching energy suppliers among UK businesses, and to encourage them to take a good look at the various alternative energy providers on the market, in order to reduce the financial burden of paying for energy.

The benefits for SMEs

This initiative is particularly good for small and medium-sized enterprises, as it is those sized companies that are often most burdened by excessive energy costs – as opposed to larger and corporate businesses, which have often been able to negotiate the best deals for themselves. That is the case no longer however, due in no small part to organisations offering unbiased and friendly switching advice. Small and medium-sized enterprises are the backbone of the UK economy, and contribute hugely to our nation’s economic vibrancy with the tax revenues that they generate. It is for this reason that it’s long overdue that small and medium-sized enterprises – which make up a significant percentage of the UK energy-supplying industry’s customers – now find it easier than ever to switch energy providers.

If you would like to know more, or are seeking expert impartial advice on energy suppliers, be sure to contact our friendly team of experts today.

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