Business Advice

Who are the Best Business Energy Suppliers?

Business Advice | 23 November 2022 | 2 years ago

There are a lot of good business energy suppliers out there, and knowing which to choose can be tough. After all, each business energy supplier claims to offer something that’s better than the rest. This is why it’s important to look at the finer details before making your decision.

What to Look for in a Business Energy Supplier

One of the key things to look for is cost, and to consider which business energy supplier is the most cost effective. If you are worried about the environmental impact of using energy as a business, consider which supplier is the most eco-friendly. It’s also a good idea to factor customer service into your decision, as this is who you will have to deal with should something go wrong.

What Energy Supplier Has the Best Rates for Businesses?

When it comes to finding the best rates for businesses, consider Bulb as your energy supplier of choice. Bulb is currently the cheapest business energy supplier, offering 12.05p per KWH and a standing charge of 27.4p per day. This is considerably cheaper than many other suppliers. Bulb is also one of the most ‘green’ energy suppliers, and the company is committed to supplying users with renewable electricity and carbon neutral gas.

What Energy Supplier Has the Best Customer Service?

Should you run into a problem with your energy supplier, you will want to speak to a customer service representative that knows what they are doing. At Octopus Energy, this is what you can expect. They answer calls within two minutes and they work hard to find long term deals for customers. Octopus Energy has actually won awards for its customer service.

What Energy Supplier is the Most Eco-Friendly?

Good Energy is one of the most eco-friendly business energy suppliers out there. They are a renewable energy supplier, and everything about the business is built on being eco-friendly. At Good Energy, the aim is to create a cleaner and greener future.

How to Switch Business Energy Suppliers

A lot of people make the mistake of assuming that switching energy suppliers is difficult but, as long as you know what you are doing, it doesn’t need to be. For the most part, the business energy supplier you are switching to will take care of things. They will organise your contract and transition you from one supplier to another.

Before you begin switching, take a look at your contract dates and determine when you can renew. Sometimes, cancelling early could result in fees, and waiting until the end of the contract is a more affordable option.

What Business Energy Contracts Are There?

There are different types of business energy contracts to choose from including fixed term contracts and variable contracts. With a fixed contract, you will agree to the price you pay at the start of the contract, but the price will change with a variable contract depending on how much energy you use. You could also choose a deemed rate tariff; these tend to be more expensive than fixed rates, but you have the freedom to switch by giving 28 days’ notice.

A rolling contract is another option, and this ties you into a year long contract at a higher rate. You might be able to negotiate the rates of a rolling contract, but it’s likely that you will need to agree to stay with the supplier on another long term basis.

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