The rising utility bills of today are no secret, but not only for house owners. The rise in energy prices also significantly affects company owners' decision to switch business gas providers. Given rising rates of commercial gas and energy, businesses are looking for the best possible bargain.

Still, identifying the ideal offer and changing company energy providers might be difficult. Here on our site, we will explore how to switch your company energy provider and how switchur energy may help you locate an exceptional commercial gas offer. 

Why you have to change your Business Energy Source Provider:

Two-thirds of UK companies changed their corporate energy provider at least once between 2013 and 2018. Your company may save a lot of money, but choosing which of the over 100 UK residential and non-domestic energy providers is challenging for a small business. It's the right time to switch to a business gas provider.

Switchur Energy will, therefore, do all the work for you; we will compare all the providers' services and tailor the best deal for you. We have compiled a brief guide in this post to assist you in identifying some important elements to consider while looking for the ideal corporate energy provider.

What should you consider when switching commercial energy suppliers?

Prices:

If energy costs are high, a set rate is a secure option for your company. Alternatively, a variable rate contract offers opportunities to reduce costs when retail market prices decline. 

Business sector:

A manufacturing factory will use more gas and electricity than a retail establishment with a single shop, significantly impacting your quotation. A half-hourly meter will also be necessary if your company uses a lot of energy.

Measurements:

Installing an energy meter will cost money if you relocate to a new location without gas or electricity.

No cooling-off time:

Home energy contracts have a cooling-off period if you change your mind, while corporate energy contracts don't.

Investigate alternative vendors to see if you can negotiate a lower price:

It is recommended that contracts from many vendors be used for business gas comparison. Talking to vendors to compare contracts and prices is a common requirement. If you're short on time but still want the cheapest rate, you may hire an energy broker or use a price comparison tool.  

You must provide details on your company's operations and energy use to proceed. Try to haggle with brokers and suppliers; bring up any other offers you've received and see if they can match you.

Always review your plan before you sign it: 

Finally, carefully reviewing the plan paperwork your new provider provided is essential.

During the evaluation process, remember to document:

·       The plan's duration:

Check the details of plan duration at the start of the agreement to make sure there are no hidden clauses related to the plan's duration. Once you have the plan, set a reminder on your calendar for the end of your plan. That way, you can start looking for a new rate when it's done.

·       If a plan is static or open to change:

We advise you to select static plans because the cost of a fixed-rate plan is constant, while the price of a variable-rate plan could shift. Choosing a fixed-rate plan will help you maintain more straightforward and predictable monthly payments.

·       Conditions for cancellation:

While some arrangements are non-refundable after a specified amount of time has passed (the "grace period"), others are final from the get-go. Read these conditions carefully, and be aware that there may be penalties for terminating your new power plan early.

A comparison of contracts:

• How many days of notice is required to terminate the deal?

• What will the energy cost be per unit, and is that cost subject to alteration?

• Are any additional expenses included in the agreement, such as maintenance fees?

• The duration of the agreement, including whether or not early termination may incur additional costs.

• It is essential to determine whether there is a grace period during which you may cancel or switch if you are unhappy.

Will your energy be turned off if you switch to another provider?

The obvious response is no. A supplier disconnecting a customer's energy supply is highly uncommon. Disconnection is typically the final option available to suppliers, and most will only take this action after attempting for an extended period to collect debt from a client without success. Prior to disconnecting your premises, your provider must attempt to contact you via phone, email, and letter. 

But if you have no issues with your remaining payment and clearance with your previous provider, you will never face any energy blockage. Even if your dues are not cleared, the provider will not disconnect the energy supply without giving a prior warning.