How to Find the Cheapest Business Electricity Rates

How to Find the Cheapest Business Electricity Rates

No business wants to be spending more than they need to on their electricity, but it’s altogether too easy to settle for a less than ideal rate, or simply keep paying a rate you’ve had for a while.

It’s always going to be an important rule of business to keep overheads as low as possible, and by finding the cheapest business electricity tariffs, we can help you do just that.

Key Considerations

When it comes to getting the best possible electricity and gas rates for your business, there’s a range of variables and factors that you need to consider in order to make sure that you’re getting the service that you need at the right price.

These factors include elements like how much electricity your business will be using, which companies supply the local area, as well as what kind of tariff you’ll be wanting.

Tariffs are generally either fixed or variable. Fixed tariffs tend to be a little more expensive, but, as it says on the can, they’re fixed. That means they won’t rise or fall during your contract. Variable tariffs can be cheaper, but they can also be prone to price shifts from time to time.

There’s also whether or not you want your business to be ‘green’. That means paying attention to how your power is generated, which can be a little more expensive but can be beneficial to the more environmentally minded businesses.

Another key consideration is how many sites you’re running. If you’ve got several, you could secure a lower rate if you go for a multi-site tariff. This can be an effective way to save some cash.

Get Good at Haggling

It doesn’t really come naturally to us Brits, but haggle we must if we want to get the very best rates and tariffs for our business electricity. Remember, you hold plenty of cards with a big business electricity contract on the table, so don’t settle for a bad price.

Be Flexible

If you’re willing to jump ship to a new provider, or if you’re willing to make other changes, then that’s all going to help you score the best possible tariffs for your business.

This is true regardless of whether we’re talking electricity or gas. If you can be flexible when it comes to your energy provider, you’ll have more options, and subsequently better prices available to you.

Use Quality Comparison Sites

When it comes to making sure you’re getting the best overall offer, comparison is absolutely key, but make sure you’re using the right options. Once you’ve found the best utility comparison tool, getting your energy bills down can be incredibly straightforward.

Put in the Effort

While getting the cheapest rate is never going to be all that difficult, it does require a little diligence and effort on your part. That means a bit of research, comparison, and haggling, but if you’re willing to do that, you’ll be pushing your businesses electricity rates down by hundreds this year.

Alternatively, if you want to save time and reduce your bills by up to 40%, complete our comparison form today. If we can’t get your current supplier to reduce their prices, we will help you switch to a cheaper supplier.

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