Business Electricity Suppliers
Switching between business electricity suppliers has become an
easy way to keep a tight lid on overheads but, for businesses, it
can only usually be done towards the end of your current contract.
This is why knowing what date that contract comes to an end is
vital information but equally important is finding out what
termination requirements are lurking in the electricity suppliers'
terms & conditions.
Compare business electricity suppliers
Make It Cheaper research shows that only 20% of businesses know
when their business electricity contracts come to an end and even
fewer are aware that there is a 'deadline' for serving notice to
the electricity suppliers up which is often up to 3 months
beforehand - see below. Leave it too late and you'll be
automatically rolled onto expensive tariffs for at least
another year with any attempt you make to compare electricity
suppliers' prices becoming a frustratingly wasted effort.
That's why we created our online Switching Tools which help you serve
notice at the right time and with the correct letter of
termination. If it's easier, we're happy to talk you through this
process over the phone and can email you with the relevant
paperwork along with a quote of the best prices currently available
in the market.
Serving Notice to Business Electricity
Suppliers
So how soon before the contract end date should you be writing
to your business electricity suppliers? Here are some examples
taken from the terms & conditions (current at the time of
writing) of a selection of the electricity suppliers.
Eon: 3 week window anywhere from 120 days before the contract
end date
British Gas Business: between 120 to 90 days beforehand
Opus: at least 90 days
Npower: at least 90 days
Scottish & Southern: at least One calendar month
Shell: at least 30 days
EDF: at least 28 days
Scottish Power: between 90 and 45 days ahead of contract end
date
If you are in any doubt about your electricity supplier's
contract terms of or how to compare business electricity rates, contact us for
free and impartial advice.
