SmallBusinessElectricity

Small Business Electricity

Renew Your Tariff at Fixed Prices for up to Three Years

Finding affordable electricity prices for small or micro business premises is easy these days as you can now get an online quote from all the major energy suppliers within one minute. We'll take the hassle out of finding the most appropriate contract for your circumstances and handle the switch to your new supplier.

Get a Business Electricity Quote

Electricity Prices and Tariffs

Unlike residential customers where variable pricing is usually available, business contracts are mostly fixed in terms of price and duration. Once you're signed up, there's no changing your mind. Therefore, it's critical you find the cheapest prices available in the market, and that's where our energy specialists help the most.

Below is our step-by-step guide on how to change tariffs:

The 3-Step Business Electricity Switching Process

Step Description When?
1: Contract Termination Terminate your contract in writing 30 days before the end date. You can't switch suppliers before this occurs. 30-90 days before contract end date
2: Search for New Prices Use a comparison service to compare all the available tariffs for your specific meter number. Any time
3: Select & Switch Choose the cheapest electricity tariff suited to your needs. Your new supplier undertakes the switch on your behalf. Immediately to lock-in your new rates

Contract Termination

Although contract termination communication has vastly improved since the regulator made changes, businesses still face rate increases if they leave their contract to expire.

All energy companies must now make the terms clear with written communication when a contract is due to expire.

If your agreement expires, you'll receive rollover rates that usually incur a 30% increase. You're not locked into the new contract and can change at any time.

It's vital to get online quotes from the Big Six major energy companies in the UK that you can undertake directly online from their websites. Alternatively, use a comparison service to receive all prices at once.

Supplier Selection

All the major companies that supply domestic households also supply commercial customers. You'll receive a similar choice of tariff options in addition to some specialist services. Our advice is to opt for one of the larger companies.

You can select from British Gas, Npower, E.ON, EDF, SSE (including ScottishPower and Southern Electric), SWALEC, and Opus Energy. All can provide competitive quotes online. Businesses always pay VAT at the full rate which is currently 20%.

Small Business Electricity Guides

Name Description Link
1. British Gas A guide to SME prices from British Gas. More Information
2. Npower How to switch your commercial electricity to Npower. More Information
3. EDF How EDF can save you money on your SME bills. More Information
4. Southern Electric What are the best Southern Electric tariffs? More Information
5. E.On The guide to E.ON business electricity options. More Information

Requirements for Quotes

Each pricing quote relates to a single electricity meter with a unique meter point reference number (MPRN). Most systems can provide estimated quotes using the postcode of your premises, but contracts can only operate for the meter.

Specific MPRN's are found on recent bills or printed on the meter. If in doubt, call us and we can look up your meter from your address on the National Electricity Central Online Enquiry Service (ECOES) database.

All SME prices exclude VAT, the Climate Change Levy, and any additional discounts available. Reductions of up to 10% apply when paying by monthly Direct Debit or taking electricity and gas as a dual fuel contract.

Renewable Energy Tariffs

Businesses have the option of either paying extra to get their energy supplies directly from renewable sources or opt for a green tariff that matches your usage with renewable energy. You'll see the options available during the tariff quoting process. Find tariffs available for small businesses using the Green Energy Scheme Website.

Additional Help

The entire energy industry is heavily regulated and managed by Ofgem, who oversee general regulations while providing official guidance. To help you save energy, the Energy Saving Trust has lots of great advice for your business. Small Business Electricity is a rapidly growing organisation offering professional customer services from our knowledgeable staff.

Get a Business Electricity Quote