How To Compare Business Energy Prices
So, your current energy contract is coming to an end shortly and you want to start researching ways on how you can get a better deal next time round. Go to a comparison site? Maybe not!
Comparison sites generally suit a domestic supply. Business energy quotes will need to be bespoke, particularly if you use a lot of energy. Easiest and probably most cost-effective way would be to contact a commercial energy broker.
What Do You Need To Look For When Comparing Quotes?
Like most quotes, the devil is in the detail! Don’t just compare the total costs from each quote without knowing what unit rates you are being quoted, the standing charges applicable for your meter and also the amount energy consumption used in the quotation calculation. You should ensure that the energy consumption amount is the same across all quotes and you should also consider whether this is likely to change in the future, because this could impact the total cost to varying degrees. Nothing is straight forward unfortunately but using an energy broker business like Central Power will guide you through avoiding all the pitfalls.
There are many pitfalls that you need to be aware of and include, knowing that there is no cooling off period, so once you have signed you are then legally tied into the contract. Ensure you are familiar with the supplier’s T&Cs before committing. You also need to be aware that you cannot usually switch mid contract, although the contract can be cancelled if a business ceases to trade or moves premises. Another pitfall is that you need to give notice to your existing supplier if you want to switch to another supplier at the end of your current contract. This has to be done within a certain time frame otherwise you could be automatically rolled over into another contract with the same supplier, which may not be the best value, or be charged very high out of contract rates.
Using an energy broker business like Central Power,ces will save you time and money as well as saving you hassle in trying to compare energy quotes yourself. We will send you quotations in an easy-to-understand format, assist you in understanding how your energy costs could be impacted by changes in your energy consumption and ensure that notice is given to your existing supplier in a timely manner, to ensure you are free to switch when the time is right. Central Power deal with all the major utility suppliers so you can be assured we will find the best deal that suits your business.
For an no obligation quote please feel free to contact our friendly team now on 01746 335346.
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