In the UK, we’re used to adverts encouraging us to shop around for the cheapest household energy rates, yet we seem to put off doing the same for our businesses.
Why? Perhaps because business energy contracts can be full of complicated rates and jargon, or because it doesn't seem like a priority. But the reality is that shopping around for your energy bills can save you a huge amount of money in just few minutes.
Contrary to popular belief, changing energy suppliers needn’t be a long or costly process. With just a few details, Expert Market can assess the energy requirements of your business and match you up with the best energy providers for the job.
Commercial enterprises almost always use more energy than households, so the rewards of comparing quotes can be far greater. Let us do the leg work for you, and sit back and watch your energy expenses fall.
What is business energy?
Also known as commercial energy, business energy is the same as domestic energy except it can be purchased at discounted rates, in bulk. That’s because, unsurprisingly, businesses usually require more energy than the average household.
Business energy suppliers take into account a wider range of variables that don’t apply to household energy tariffs, such as the size of your business, your company’s credit rating, and your regional location.
In short, the main differences between business and domestic energy are the volume in which it can be purchased, the discounts that come with those bulk purchases, and the business-related variables that affect the amount you pay.
Is business energy cheaper than domestic energy?
Business energy is cheaper than domestic energy because it can be purchased in bulk, at discounted prices. Businesses use more energy than households, with research from GOV.UK showing that the average UK business energy bill costs £3,061 per year for electricity and £865 per year for gas.
The same research also revealed that large businesses typically spend up to £12,107 per year on energy, while industrial-sized organisations spend up to £36,475 per year. Now, that’s quite a lot more than your household energy bill, right?
What’s interesting is that business energy customers will naturally end up spending far more on VAT than household customers, but for the amount of energy that most businesses use, the annual bill still ends up cheaper than domestic energy bills.
The prices for business energy differ depending on a number of factors including your company’s average consumption, credit rating, and location within the country. So, as you can see, there are many more factors at play that allow businesses to find discounted energy rates.
The prices for business energy differ depending on a number of factors including your company’s average consumption, credit rating, and location within the country.
How do I get my business energy quotes?
Fill in this short form, in order to give us an accurate assessment of your business energy needs. The best supplier can vary by area, which is why we ask for your postcode along with a few basic details about your energy usage. It would be helpful to have a recent bill to hand when you fill this in.
A member of staff at Expert Market will call you back straight away to confirm your details, and ask you a couple more questions. This call will only take a few minutes and is, of course, completely free of charge.
We’ll then put you in touch with the suppliers that are going to offer you the most competitive rates, based on the information you’ve given us. They’ll contact you with their most competitive quotes, leaving you to choose the best option for you.