If you are a busy business owner and want to access the cheapest business electricity prices available, then you will need to shop around.
The easiest way to shortcut this process is to contact the friendly team at the Business Utility Hub who can carry out the research on your behalf.
Indeed, in just a few minutes they will take a few details, search the entire marketplace and find a deal that will probably beat your current provider’s contract renewal prices.
All firms should search the market when their current provider gets in touch with details of their next year’s contract but this could be easier said than done for many firms.
The price for inactivity could see your business having to pay much more for their electricity needs because their supplier may move them across to a ‘deemed’ contract with higher rates.
Access the cheapest business gas prices
All business owners should also carry out the exercise to access the cheapest business gas prices every year too.
However, the process can appear to be daunting and time-consuming – which it will be if you decide to contact suppliers directly.
It’s also important that when you search the market you widen this task to not just focus on the ‘Big Six’ suppliers but also other suppliers.
That’s because they probably have better prices and deals for meeting your everyday needs – along with other benefits including having a dedicated account manager.
It’s also crucial to appreciate that there’s no loss of business gas or electricity supply when you decide to switch and the market is still regulated by Ofgem to bring peace of mind.
Switch business energy providers
The savings to be enjoyed when you switch business energy providers can be substantial, potentially up to 30% on the rates you currently pay.
For many firms that could be a big boost in profitability and there’s no reason to overpay on your energy bills.
While these savings sound tempting, you should also be wary about using a comparison website since these tend not to search the entire market and will have a restricted number of providers available.
In addition, you’ll still need to speak with the recommended supplier and negotiate with them what your new terms will be.
If you would like more help and information for accessing the cheapest business electricity prices for boosting profitability, then you need to speak with the team of experts at the Business Utility Hub.