Business electricity

Switching and saving made easy.

Compare business electricity quotes. Get the deal that's right for you.

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Electricity savings to make you smile

Have you ever switched your business electricity supplier? Perhaps you've at least thought about it. Maybe switching has never even crossed your mind before today.

It doesn't matter if you're new to the process or a bit of a seasoned veteran - the fact is it can seem like a lengthy ordeal. With a long list of suppliers to choose from it’s tough to know where to start - and there's always the temptation to go with the first reasonable deal you find.

At Make It Cheaper we believe you shouldn't have to go through all that hassle to find some of the best prices on the market. We like things to be easy, which is why our experts will take care of everything for you. We'll compare prices from our wide panel of suppliers so you can choose from the cheapest deals we find for your business. Simple.

How does the service work?

We talk

You tell us about your business’s electricity contract and supplier.

We search

Our saving experts search live deals and lay out your options. No pressure, no jargon.

You save

Once you’ve decided on a contract, we’ll set everything up so as you can concentrate on running your business. Easy.

Why should I switch with you?

  • We’ve arranged more than 250,000 business energy contracts since 2007, so we’ve got plenty of experience.
  • We’ll help to ensure you’re not placed on expensive rates in the future by reminding you when it’s time to renew your deal.
  • We only work with suppliers who we know and trust to provide our customers with competitive deals.
  • Our UK-based customer service team takes care of all the administrative work to make your life as easy as possible.
  • We’ll get a deal that’s right for you to ensure you’re not paying more than necessary for your energy.

Use our exclusive do it for you service

Sign up to get the best deal we can find for your business, year after year – all with the click of a button.

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About business electricity

If you've looked into switching your business’s electricity before, you’re probably aware of some of the differences that exist between commercial and domestic electricity tariffs. However, the electricity that you use at home and for your business is essentially the same – it's generated in the same way and delivered through the same cables. So what do we mean when we say ‘business electricity'?

Simply put, business electricity is a term that helps to differentiate between household energy tariffs and the unique electricity contracts that determine the terms on which a business has its electricity supplied. Rather than supply electricity through predefined tariffs that every business has access to - which is what happens for consumers in the domestic market - suppliers will offer each individual business a bespoke contract that is designed to meet its needs and consumption habits.

For instance, it’s relatively safe to assume that a large manufacturer and a small corner shop will have entirely different electricity needs. In this scenario, the larger manufacturer may secure a cheaper cost per unit for its business electricity - but they could be tied into the contract for a longer term. The corner shop, on the other hand, may pay more per unit of electricity, but may not be tied into their contract for as long - so they can compare quotes and switch to a cheaper business electricity deal more frequently.

When looking to switch your business electricity, it’s important to get your timing right. In the commercial electricity market, businesses looking to switch are bound by certain procedures, which means acting at the right time is crucial to securing a better deal.

To help get your switch right, it can be useful to ask yourself the following questions:

Am I within my renewal window?

Firstly, you will need to check that your business is within its renewal window before comparing new deals. Your business’s renewal window will open six months prior to your contract end date, and suppliers will usually write to you at this time with renewal offer for a new contract. It’s always worth running a business electricity comparison before accepting these terms, because in many instances, you can beat the terms of renewal by switching to another supplier.

Do I have enough quotes?

Once you’re within your renewal window, you can approach suppliers individually in order to obtain bespoke quotes. Each supplier will offer you entirely unique quotes, so it’s worth getting as many as possible in order to carry out a comprehensive comparison of available deals. A quicker way to do this is to use a business energy broker who can compare deals on your behalf.

Who do I need to inform?

Finally, once you have decided which contract is the best match for your business, you should inform both suppliers in writing, and they will then liaise to arrange your switch. However, it’s important to note that your new supply will not come into effect until your current business electricity contract has ended.

How long will it take me?

If you find yourself asking this question, then Make It Cheaper can help. After a short conversation with one of our savings advisors, we’ll have all the information we need to find the right electricity deal for your business. One of our energy experts can do all the comparison leg work for you, including finding quotes and handling the switch – we’ll even help you decide which quote best suits the needs of your business.

Because suppliers offer bespoke prices depending on the circumstances of your business, it can be hard to determine if the price you’re paying per unit is competitive. Typically, small to medium sized businesses should be paying anywhere between 10.5 pence to 12.5 pence per unit for the electricity that they use. However, it’s important to note that these are simply average prices, and they can vary greatly depending on your business’s circumstances.

As a rule of thumb, if you haven’t switched within the past five years, you stand to lower the cost of your electricity by as much as 30% simply through switching.

When looking for the cheapest business electricity prices, it can also help to be aware of the type of contract that’s best for your business. There are many different types of business electricity contracts available, but for small to medium sized businesses, the most common is a fixed term contract.

An important part of finding the best price for your business electricity is getting a good set of quotes from all eligible suppliers. However, before a supplier offers you a quote, they will first consider your business’s circumstances. Knowing exactly what suppliers are assessing before getting a quote is one way that you can ensure you’re getting a fair quote on your business’s electricity.

There are numerous factors that suppliers will take into account when quoting you for business electricity, but the key ones include:

  • Your business location
  • Your business’s energy consumption habits
  • Your business’s size
  • Your business’s turnover
  • The industry you operate in.

Once you’re aware of the factors that can influence your business electricity quote, you’re better positioned to get the best quote for your business. However, the quote that you’re offered is ultimately up to the supplier themselves, which is why it can help to obtain numerous business electricity quotes to find one that is best for your needs.

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