It may appear to be a simple question, but do you know how to source a business electricity quote that will save your firm money?
For many firms, they will either contact potential electricity suppliers directly, give them the same information and then try to understand their bespoke offerings to decide which is offering the best deal.
That’s a time-consuming process and some firms will also compare business electricity prices online by using a specialist website.
There’s no doubt that the sites offer a quick way to find out whether there are any potential savings to be made when switching to a new supplier, but there’s also a risk too.
Put simply, the business electricity comparison site may not be searching the entire market and only restrict their search to a restricted number of potential suppliers.
Small business electricity suppliers
That’s not much use when you want to get the best and cheapest deal from small business electricity suppliers since their rates and tariffs will vary hugely.
Along with fluctuations in the wholesale business supply market, the prices being offered to you and your business will also vary depending on:
- How much electricity your firm consumes annually
- How many staff you employ
- Whether you have more than one premises
- What your geographic location is and which industry you are working in.
These are all elements that the potential provider will consider when putting together a commercial electricity tariff for meeting your future needs.
They will also, for example, need to know whether you have any plans to expand since this will have an impact on your consumption needs.
Finding a new business electricity provider
When it comes to finding a new business electricity provider, it’s not just about the prices either.
To attract you as a new customer, lots of providers will have various incentives, including the opportunity of having an account manager to take care of the day-to-day needs of your energy supply.
It’s also possible to find a supplier offering an energy consultancy to help you reduce your electricity consumption levels, and also for gas, and boost savings on your bills even further.
If you would like to know how to source a business electricity quote that will help you save money and boost profits, then you should contact the Business Utility Hub team today.