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If your firm is a large consumer of energy and you would like to know more about cheap half hourly electricity prices for business in 2020, then this article is for you.

Firstly, only large consumers of electricity can access half hourly electricity tariffs and there will be a meter installed on your premises for this purpose.

The meter is collating data of your energy usage and is sending this directly to the provider every 30 minutes.

There are two positives for having a meter installed and they are:

  • A potential provider can look at this data and tailor their offering to meet your needs
  • You can access the information as well to look at ways of reducing consumption, for example switching production times.

A half hourly electricity quote for business

The search for a half hourly electricity quote for business can be complicated because the procurement process is more complex than it is for small businesses.

So, if your firm has a peak demand of 100 kWh, or in some instances, 70 kWh, then you are able to access these cheaper rates and lower your overheads.

You’ll need to understand business electricity prices per kilowatt-hour because even a small reduction in your unit rate could deliver, potentially, huge savings.

And while most firms can compare business electricity prices online, the situation is a little bit different for larger firms since you’ll need help in sourcing a new commercial electricity contract.

Firms searching for cheaper half hourly electricity suppliers

That’s why Ofgem, the industry regulator, says that firms searching for cheaper half hourly electricity suppliers really should utilise the expertise of brokers and third-party experts.

And one of those experts you can rely on to search the entire half hourly supply market is the Business Utility Hub.

That’s because they have years of experience in dealing with the more complex demands of those firms who are using half hourly meters and in dealing with the contracts too.

They can also help explain about half-hour meters and the pricing that goes with the sector and the best time to contact them is up to six months before your current contract is up for renewal.

If you would like more information about how you can access cheaper half hourly electricity prices for your business or organisation, then you need to contact the team at the Business Utility Hub today.