The energy price cap does not affect business tariffs. The current guidance to stay with your existing energy supplier if you're a domestic energy customer does not apply to business customers.
If you're a business customer and your agreement is coming to an end or has already ended, you could secure yourself a new deal by comparing your options. Out of contract, rates are generally more expensive than those you'll be offered when signing a fixed rate contract. Get a quote to see how much you could save.
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Business energy is different to domestic energy in your home. That’s why it’s best to use a business energy expert to help.
At home, you can switch your tariff and supplier at any point during your contract, although you might have to pay an exit fee. With business energy you’re usually tied into your contract until the renewal window, which normally comes around six months before the end of your current deal.
This means it’s essential to make the right choice first time. Once the contract is signed, you could be stuck for a while.
And it doesn’t stop there. To switch your business energy deal, you can’t pop your postcode into a website like you can with domestic energy. Instead, you’ll need to get a bespoke quote from each energy company.
This is because every business is different and might have different energy needs. The benefit is that your contract is tailored to your business. The downside is that it could be difficult to understand and compare these contracts without expert knowledge.
This is why using a business energy comparison service is worth considering.
Find the right energy deal for your business in minutes
You tell us what you need online so we can find the best quotes.
A UK-based expert will present the best deals on a short call.
When you decide who to switch to, we'll take care of the rest.
Energy rates are constantly changing, and the reasons for those sudden price hikes can range from a rise in wholesale costs, to an increase in energy transportation costs, or even a simple surge in demand.
This means that even if you run an energy-efficient business, you could still see an increase in your overheads, regardless of whether or not you’re using any more gas and electricity than usual.
Comparing business energy prices is the best way to make sure your business is on the best deal with the right supplier, whether cheap business energy is your priority or its better customer service that you’re after. And, for complete peace of mind, our energy experts will walk you through the options in a quick call.
Running a business energy comparison and switching to a fixed rate deal is the only way to make sure you’re on the best rates and protected from future price hikes.Call now on 0800 158 5296, or get an energy quote and we’ll give you a call back.
With our business energy comparison, you could get a quote for:
Enter your details once and we’ll search our panel of energy providers, including British Gas, E.ON, npower and more.
When it’s this easy to compare energy prices, there’s no reason not to give it a try today.
Saving money is usually the main reason for comparing rates and switching business energy suppliers, but there are a number of other reasons why it makes sense to switch with us.
Our business energy comparison is quick, easy and fair
We’ll find the right energy rates for your business to save you money, and save you time by arranging the contract for you and ensure you aren’t tied to expensive rates.
We use trusted energy suppliers
We work with a panel of trusted and carefully vetted suppliers, to provide you with a wide market comparison, along with great rates and excellent customer service..
We have a UK-based customer service team
Our team of energy experts is on hand for any questions you might have before, during and after the switch.
To help us return the most accurate quotes, it would be great if you have the following information to hand:
- The name of your current energy supplier(s)
- The name of your tariff, and its end date
- Your supply type
- How much gas and electricity your business uses, in kilowatt hour (kWh) or pounds.
- The MRPN and MPAN numbers from each of your meters
Don't worry if you don't have everything, as we'll be able to help you run a business energy comparison regardless.
We’ve partnered with Bionic, the business energy experts, to find the best commercial gas and electric deals for your business. Compare business energy and find a better deal in just three simple steps:
- Enter your business postcode and we’ll use smart data to get the information we need and cut down on unnecessary form-filling.
- Compare quotes from our hand-picked panel of trusted business energy providers. One quick call with our energy experts is all it takes to run you through the options.
- Switch to the deal you like best. Simply tell us which quote you prefer, and we’ll handle the rest of the switch for you. We’ll even take care of renewals.
Although there are a number of charges that go into making up your commercial energy bill, there are two main costs you need to consider when carrying out a business energy price comparison:
Unit cost – the unit cost is the amount you pay for each unit of gas or electricity you use, and usually accounts for the biggest price difference between tariffs. The lower your unit price, the less you pay for your energy (depending upon your consumption rate). Signing up to a fixed rate deal will help your business avoid any price increases during the term of your contract.
Standing charge – the standing charge is a fixed cost, charged by the day, to cover the cost of infrastructure repair and maintenance.
Now that you have an idea of how much energy your business should be using each year, you can work out your estimated annual energy cost using the standing charge and unit costs on your current deal.
Once you have these figures, you can find a cheap business energy deal by running a business energy comparison and using the standing charge and unit costs from the best quotes to see how much you could save by switching.
Alternatively, you can save yourself the time and hassle of calculating costs and get in touch with the Confused.com business energy partner, Bionic on 0800 158 5296.
Answer a few questions about your business and its energy use, and we’ll compare business energy tariffs to find the deal that’s right for you.
It’s worth noting there are also a number of other costs and government charges, such as VAT and the Climate Change Levy, that also add to your business energy costs, but these are usually out of the hands of your supplier and so won’t be affected by switching suppliers.
If you’re looking for cheap business energy, it helps to know how much businesses like yours are paying for gas and electricity. But, unlike household energy deals, which offer a range of ‘off-the-shelf’ tariffs to suit the needs of different households, business energy contracts are calculated to meet the exact needs of each individual business.
Although this tailored approach means you can be sure your tariff meets the needs of your business, it also makes it difficult to put an exact figure on how much your business should be paying for gas and electricity.
Even if you compare your company to a similar sized one in the same industry, there are lots of factors that could also affect the cost of business electricity and gas, such as location and the energy efficiency rating of your business property. Even two businesses that are exactly the same may still pay different rates, unless they share the same postcode.
These regional variations can account for significant price differences, with businesses in rural areas typically paying more for energy than their city-based peers.
An additional problem for businesses that are far away away from their regional distribution centre is that it costs more to physically transport energy to these places - in short, the further the energy has to travel, the higher the rates you’ll pay.
What is a SME?
SME stands for small and medium-sized enterprises. A SME is an independent business that employs fewer than a certain number of staff, and has a turnover under a certain threshold. The UK government currently uses the European Union (EU) definitions of what makes a SME:
Micro Business – employs fewer than 10 staff and has a turnover under £2 million
Small Business – employs fewer than 50 staff and has a turnover under £10 million
Medium Business – employs fewer than 250 staff and has a turnover under £50 million
If you run a larger business with a maximum energy demand of 100 kVA or more per half hour, you’ll be placed on a half-hourly meter tariff. This will affect the overall price you pay for energy Even two businesses that are exactly the same may still pay different rates, unless they share the same postcode.
When comparing business energy, you’ll be given a number of quotes from different suppliers. While it might be tempting to go with the cheapest energy provider, it’s worth remembering that the best-priced deal might not be the best fit for your business.
Because business energy contracts don’t offer a cooling-off period, it’s vital you only sign up to a deal that ticks all the boxes. Once you’ve signed along the dotted line, you’re tied in for the term of the deal - that’s why it makes sense to get some guidance from our business energy experts, who’ll help you find the right deal with the right supplier.
Although getting cheap business energy will cut the cost of your bills, you don’t want to be tied into a long-term deal that offers poor energy supply or shoddy customer service, no matter how much money you can save.
When you compare business energy prices, make sure you properly assess each quote and choose the one that completely meets the needs and budget of your business.
Although running a business energy comparison to find the best deals only takes a matter of minutes, your switch won’t actually be completed until your current deal has ended. This means the switch can take anything from a couple of weeks to a matter of months, depending on the length of your switching window.
Your switching window is a timeframe set aside towards the end of your current deal. It gives you time to compare prices and arrange a new deal when your current one ends.
The window can be anything from six months to a few weeks. It often makes sense to compare deals and switch as soon as your window opens, to make sure your switch is in place before your current deal ends. If you don’t arrange a new deal, your supplier will simply roll you over onto more expensive rates.
Switching early can also mean you lock in lower rates if prices go up between your switching window opening and your current deal ending. And signing up to a longer-term deal can mean you benefit from cheap business energy for longer. That's because your rates are fixed for a greater length of time, meaning they could be protected from a number of price hikes.
There’ll be no disruption to your business energy supply when you switch. Your gas and electricity will still get to your business premises through the existing pipes and cables, you’ll just be buying it from a different supplier.
Switching with us means we’ll inform both your old and new suppliers of the switch and help to deal with any issues, so you can simply sit back and enjoy the savings.
Yes. Switching to a green business energy tariff is a simple way to help your business do its bit for the environment. Green energy deals are ones that provide gas or electricity from renewable sources. For example, using sustainable, biodegradable materials for gas and harnessing solar and wind energy for electricity. However, some suppliers get green energy credentials by offsetting their fossil fuel usage with measures designed to reduce their carbon footprint, which is a little different.
It’s important to find out how green your deal really is before you switch. That's something our energy experts can help you with when you get a business energy comparison with us.
If you’re moving business premises, you should make it a priority to sign up to a new business energy deal in your new place. This is because when you change location, the existing supplier will place you on what is known as deemed rates. This is an expensive tariff that suppliers use when they don’t know the energy demands of a business that has moved into a property they supply.
When moving business premises, always make sure you take a final meter reading at the old place and an opening meter reading at the new one. That way, you can make sure you only pay for the energy you’ve used.
We explain the different types of business energy meter, and help you work out if your meters are the best fit for your business.
Monitoring devices tell you how much energy your business uses and when. But which is best for your business?
We explore business energy VAT rates. Certain businesses are exempt or qualify for the lower rate. Find out if your business is one of them.