Things You Need To Consider When Picking An Energy Supplier For Your Business

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Things You Need To Consider When Picking An Energy Supplier For Your Business

Things You Need To Consider When Picking An Energy Supplier For Your Business
Things You Need To Consider When Picking An Energy Supplier For Your Business

Although choosing an energy supplier for your business is not the most difficult thing that a business owner will do – if they get it wrong though it can end up costing them a large amount of money over the course of a year. You only need to take a quick look on Utility Bidder to see the disparity amongst some suppliers of energy to businesses. Some of them offer rates that are as much as 20 percent lower than their competitors. 

Some of the main things that you need to consider when picking a supplier so that you can get the lowest possible rate include:

How They Handle Complaints

From the data that has been compiled some of the best energy suppliers for businesses that are great at handling complaints include Total Gas & Power, British Gas, EDF, Opus Energy, E-ON, SSE, Contract Natural Gas, Utility Warehouse, Haven Power, and Dual Energy.

Suitability Of Tariff

When it comes to business energy tariffs, there are three main types – rollover / flexible, variable, and fixed. With a fixed tariff, you pay a set amount per kWh for either 1, 2, 3, 4, or even 5 years. A variable tariff sees the amount that you pay for energy go up and down as the wholesale price fluctuates. A rollover / flexible tariff works off of a variable rate but is based on a rolling contract each and every month. Most business energy suppliers provide all three types and so it is important to choose the tariff that best suits the needs of your business.

Ability To Scale Use

As your business starts to grow and become bigger in size, it is likely the case that the amount of energy that you need to use goes up also. Therefore, it is helpful to be with a supplier that allows you to renegotiate your rates. This is because the more energy that you use as a business, the lower the price for each kWh that you use – thus putting you in a better position when it comes to renegotiating a contract. 

Reviews From Customers

Trustpilot is a great way to check up on what customers really think of specific energy suppliers thanks to the open and honest reviews that are left on there. Any business should choose a supplier that has good customer reviews, as it provides a good gauge on the experience you are likely to experience as a business. Whenever reading these customer reviews it is important to bear in mind that those customers who are disgruntled with the service that they have received are much more likely to leave a comment than those customers who are happy with the service.

Ease Of Switching

A lot of businesses end up paying too much for their energy simply because they cannot be bothered to switch because of how complicated the entire process is. However, there are some energy suppliers who provide a seamless process when you are looking to switch energy supplier to someone different.

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