Finding cheap electricity for small business premises is easy these days as you can get an online prices from all the major energy companies and suppliers for commercial and industrial premises within one minute.
Generally most energy providers ask for fixed term contracts when it comes to business electricity and most also only provide a small window of opportunity to exit the contract to give notice if you wish to switch providers. This is now different for micro small business supplies because the terms and conditions have to be made clear and the business owner needs to be notified at least 30 day in advance of when their contract comes to an end. A micro business is defined as one with less than 10 full time employees and a turnover below €2 million although this change is not retrospective it applies to all new contracts.
It's therefore best to get online quotes from the 6 major energy companies in the UK which you can undertake directly online from their websites.
All the major companies that supply domestic households also supply small business customers so you get that choice plus some specialist services. Our advice is to go for one of these companies as some independent organisations have not lasted the term and have gone out of business. Still you have a good choice from British Gas, Npower, Eon, EDF, Scottish and Southern (including Scottish Power and Southern Electric), SWALEC if you are based in Wales UK and Opus Energy. All provide quotes online.
You could also use a specialist energy broker who may have negotiated some cheaper prices for business electricity and gas supplies although many haven't and they are simply doing the searching for you which could save time but you may as well do it yourself. Here's the list of providers with reviews :
You also have the option of either paying a little extra to get your energy supplies directly from renewable green sources or opt for a green tariff that matches your usage with renewable energy. You'll see the options on the quotes that the small business electricity providers supply to you on the tariffs.
The entire energy industry is regulated by ofgem who oversee general regulations and provide official guidance. If you have any issues with your supplier you can ask consumer focus to look into your complaint and to help you save energy the energy saving trust have lots of great advice for your business.
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