The main aim when searching for new small business gas suppliers is to reduce overheads and boost profitability and here we explain more.
When switching to a new gas deal, you need to get the best value that is an offer and which potentially may have other incentives such as having a dedicated account manager.
One of the issues when searching for deals aimed at small businesses is that the offer must be bespoke, which makes comparing deals on a like-for-like basis confusing.
However, it’s still worth the time and effort searching for a new business gas supplier to ensure that you don’t overpay on your gas bills and help stimulate competition when doing so.
Cheap business gas quote
The main aim when signing up to a cheap business gas quote is to find a tariff that suits your business.
However, your firm’s circumstances will influence the prices being offered and they include:
- Your business gas consumption levels
- Your firm’s size
- The location of your business
- How many people you employ
- Whether you have any plans to expand.
A potential small business gas supplier will then offer prices on your predicted gas consumption levels and you’ll need to appreciate whether the unit rate, that’s the amount for the gas consumed, will be variable or fixed.
A fixed rate will see you pay the same unit rate over the contract’s duration, whereas a variable rate will fluctuate.
Also, you could sign up for a longer contract to achieve cheaper rates but it is always worth checking with experts to see whether this is the best option for you.
Business gas prices vary between providers
As we have seen, business gas prices vary between providers and some of the differences can be sizeable though even a small reduction in your unit rate will lead to savings.
You also need to bear in mind the standing charge that a potential provider is wanting to levy as this is not a fixed rate and can also vary hugely – so much so that you may believe that being offered a lower unit rate reduces your bill, but the standing charge may be much higher so you achieve no savings at all.
Any checklist that is aimed at helping small businesses enjoy cheaper gas bills really should include the opportunity for an independent firm to search the market to see whether there are cheaper and better deals available and they can also deal with the paperwork and ensure that the switchover process is seamless.
If you want to know more about the small business gas suppliers that are available and their potential deals to help you boost profits, then you need to speak with the Business Utility Hub team today.