How to get the best business electricity prices
Before you run a commercial electricity comparison, it’s worth making sure you know a little more about what goes in to making up your bill. Your business electricity bill will show a breakdown of costs, including things like VAT and any government imposed levies, but the two you need to pay most attention to are:
- Standing charge – A daily cost that your business will pay regardless of how much energy it uses. The unit cost is a set cost for each unit (kWh) of energy your business uses.
- Unit cost - A set cost for each unit (kWh) of energy your business uses.
If you want a more detailed look at what goes to make up your bill, check out our Business energy bill guide.
How much you pay as a business will differ depending on the terms of your contract - commercial energy contracts are set at a fixed rate for a fixed period of time, meaning it’s vital you get the best-priced deal for your business.
If you tie your business into an expensive tariff, you could be paying too much for your gas and electricity for the next few years.
When deciding which quote best suits your business, you may well opt for supplier offering the cheapest rates. But basing your decision solely on price could leave you on a cheap contract with inadequate supply and a substandard after sales care, which could end up costing you more in the long run.
Our business energy experts can help you find the best deal for your business, at the best price – give us a call now on 0800 035 9654