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The intricate nature of commercial energy contracts, coupled with variations in usage across businesses, renders a blanket price cap impractical. Unlike residential settings, where energy consumption patterns are relatively uniform, businesses exhibit diverse energy needs and usage patterns. Consequently, customized contracts tailored to individual business requirements are essential.

Reflecting the complexity of commercial energy contracts, the Energy Bills Discount Scheme provided financial support to businesses of all sizes. Running from April 1, 2023, to March 31, 2024, the scheme aimed to alleviate energy cost burdens.

In an unpredictable energy market, fixing your rates offers stability by securing a consistent price for your energy, including current discounts.

Energyfinders, equipped with cutting-edge technology and expertise, compares rates from a network of reputable UK suppliers to secure the best available rates for your business. Whether you require a bespoke quote, assistance with multiple supplies, new connections, or have enquiries, reach out to us now at 0161 524 6655 (press 1) or via our enquiry form.

Saving money is often a top priority, and sticking with the same business energy supplier may not always be the most cost-effective option.

Here's why businesses choose to compare and switch their energy suppliers with Energyfinders:

Finding a reliable provider that meets your business's needs and demands is crucial. That's why we collaborate with our trusted panel of suppliers who offer a comprehensive package comprising excellent service and competitive rates.

We maintain close partnerships with these suppliers and can even negotiate exclusive rates on behalf of your business. This ensures we secure great deals whether you're seeking comparisons for Small to Medium Enterprises (SMEs) or Industrial and Commercial (I&C) suppliers—our team of tech-enabled specialists caters to businesses of all sizes.

While business and household energy both originate from the same sources and potentially even the same suppliers, there are distinct differences between the two. These variances primarily stem from the purchasing and contracting processes.

Comparing and switching business energy isn't as straightforward as switching household energy due to the complexities involved in procurement and contract terms. That's why entrusting a business energy broker to handle the process often proves advantageous.

1. Rates and Charges: Business energy rates and charges are tailored to accommodate the typically higher energy consumption of businesses, often varying based on usage patterns and volume. Additionally, businesses may incur additional charges such as the Renewable Obligation (RO), Smart Export Guarantee (formerly the Feed-in Tariff), and the Climate Change Levy (CCL). The standard rate of VAT on business energy is 20%, compared to 5% for domestic energy, although certain businesses may qualify for a 5% rate.
2. Contract Length: While domestic energy contracts commonly last for 12 months, businesses have the flexibility to lock in rates for extended periods, typically up to three or four years.
3. Cooling-off Period: Unlike household energy contracts, which typically include a 14-day cooling-off period allowing cancellation without penalty, commercial energy contracts do not offer this provision. Once signed, businesses are bound by the terms of the contract, highlighting the importance of seeking guidance from a broker to ensure suitability.
4. Price Cap: While domestic energy rates have been capped since 2019 to assist households in managing costs, commercial energy contracts lack similar protections. Instead, the government provides discounts on eligible commercial energy contracts through initiatives like the Energy Bills Discount Scheme.
5. Dual Fuel Options: Unlike households, which may benefit from discounts by bundling gas and electricity through dual fuel deals, businesses must secure separate contracts for gas and electricity, even if supplied by the same provider.
6. Objections: Commercial energy suppliers may refuse a switch if a business is indebted to them, already has a fixed-term contract, or if the contract includes other reasonable stipulations. This contrasts with domestic energy, where refusal is typically based on outstanding debt exceeding a certain threshold.

These distinctions underscore the importance of understanding the nuances of business energy contracts and seeking expert guidance to navigate the complexities effectively.

Business and domestic energy contracts differ due to various factors stemming from the distinct ways businesses and households utilise energy.

1. Usage Patterns: Businesses utilise energy in diverse ways compared to households. While households typically use energy for heating, cooking, appliances, and lighting, businesses may have unique energy requirements depending on their operations. For instance, a restaurant and a salon, despite appearing similar in some aspects, may have distinct energy needs and consumption patterns, influenced by factors such as business type, staff size, turnover, and operational hours.
2. Risk Profile: Businesses tend to consume significantly more energy than households, and commercial energy contracts often involve purchasing energy in advance. This poses a higher risk for suppliers, especially if a business defaults on payments or goes bankrupt mid-contract. Consequently, suppliers factor in these risks when determining contract rates, often considering the business's credit score as well.
3. Customisation: Unlike households, where standardised tariffs can suffice due to relatively uniform energy usage, businesses require tailored contracts to accommodate their unique energy needs and mitigate supplier risks. Off-the-shelf tariffs are impractical for businesses due to the complexities involved, necessitating individually designed contracts.

These complexities underscore the importance of seeking expert assistance when navigating commercial energy contracts, even for those accustomed to managing household energy agreements. Expert guidance can help businesses secure contracts that align with their specific requirements and optimize cost-effectiveness while mitigating risks for both parties involved.

You can switch your business energy supplier up to 12 months before your current contract's end date, with the new contract taking effect once the current one concludes.

Your switching window represents the earliest opportunity to compare prices and arrange a new deal. Your current supplier should notify you when your contract is nearing its end. If authorized, we can obtain this information for you to ensure you avoid being placed on out-of-contract rates.

At Energyfinders we work so you don’t have too.

A Letter of Authority (LOA) grants us permission to act on your behalf in sourcing the best energy deals. Unlike many brokers, we refrain from signing contracts or agreeing to verbal terms. Instead, we prioritize transparency and efficiency, adhering to strict supplier requirements and data protection regulations. While this doesn't restrict you from exploring other options, suppliers typically require proof of our authorization to negotiate competitive rates for your business energy needs.

When switching your business energy, simply complete our online form, provide us with a recent energy invoice via email, or reach out to our team for assistance over the phone. We'll guide you through the process and ensure a smooth transition to your new energy supplier.

When switching your business energy, you'll need to provide certain information to facilitate the process.
Here's what you'll need:

1. Contact Information:
   Ensure you provide accurate contact details so we can reach out to you regarding your switch.
2. Business Details:
   Include basic information about your business, such as its name, address, and industry sector.
3. Current Energy Usage:
   Provide details about your current energy consumption, including your average usage and any specific requirements or preferences you may have.
4. Current Supplier Information:
   Share details about your current energy supplier, including your account number and the end date of your current contract (if known).
5. Recent Energy Invoice:
   If available, provide a recent energy invoice to help us accurately assess your energy needs and compare offers from different suppliers.

You can complete our online form to get the ball rolling and start the process, or alternatively, feel free to email our team with a copy of your recent energy invoice. If you prefer, you can also give us a call, and our team will guide you through the process and address any questions or concerns you may have.

Our SME Business Quotes service is ideal for offices, shops, hotels, and factories. If your business uses gas or electricity, we can help you find the best rates tailored to your needs.

For commercial and multi-site business quotes, our team provides bespoke tender quotes tailored to your specific energy requirements. We assist with reducing energy costs and optimising usage, particularly if your business uses Half-hourly (HH) meters.

HH meters automatically take meter readings every 30 minutes and send them directly to your supplier. This provides actual data, offering a clearer picture of your electricity usage. By analysing this data, you can identify peak usage times and work towards more efficient operations to lower your bills.

Yes, we can help you understand the difference between green and renewable energy and find competitive renewable energy tariffs from major UK suppliers. Many businesses aiming to reduce their carbon footprint start by choosing renewable business energy tariffs.

To request a new business energy meter installation, simply provide us with your address and a few details about your business. Our team will guide you through the process, from selecting the right meter to the installation, which can be completed in as little as 2 weeks.

For gas meter installation, you'll need your MPRN (Meter Point Reference Number). For electricity, you'll need your MPAN (Meter Point Administration Number). If your premises lack a connection, contact your Distribution Network Operator (DNO) to create the connection and provide the necessary numbers.

Yes, if you have a Half-hourly electricity meter, it's a legal requirement to appoint a MOP and DC. Your MOP contract covers meter maintenance and fault fixing. We can appoint a MOP for you at a cost much lower than your current supplier.

For businesses with multiple sites, we offer multi-site electricity deals to consolidate your rates and renewal dates into one plan. This saves time, money, and provides greater negotiating power for cheaper deals. Inform our connection experts when requesting a new meter, and they'll advise if a multi-site deal is beneficial for you.