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Is it time to change?
There is never a bad time, as a business, to consider changing your energy supplier. Even so, many companies, from the largest in the UK to many Small and Medium Size Enterprises (SMEs) fail to look at the alternatives.
IT'S NEVER BEEN SO EASY!
Switch in 3 simple steps
A few details
Grab a copy of your latest business energy bill. Make a note of your supplier and the amount of energy you use.
Compare in 60 seconds
Compare prices in 60 seconds with our smart online quick quote section with over 30 suppliers on our panel.
Confirm and save
Once you confirm, we'll notify your new supplier for you. Leaving you free to run your business and enjoy the saving.
WE'RE HERE TO HELP!
Information & F.A.Q
Is it difficult to compare business gas and electric prices?
Here at Bright Utilities, we aim to make the process as simple as possible, by providing a quick solution and a bespoke deal to match your company’s needs. We will also ensure that you can run your business as normal during the switch to a new supplier. We also have customer services advisers available, who can answer any questions you may have and are able to explain the process in depth.
Why is a business gas and electricity comparison worthwhile?
If you are spending over £5,000 a year on business gas and electric as an SME. You should be comparing what is on offer in the energy market. Because whether you are with one of the big six energy companies or a smaller business gas and electric supplier. You may find that there is a better deal out there because once you begin to look at what is on offer on the market. In particular, there may be a pricing regime which fits the needs of your company better than the deal you currently have.
Furthermore, there may be a supplier who shares the business ethics of your own company. If you are concerned about your green credentials, you may want to examine providers who use renewable energy sources.
Contracts and business gas and electric comparison
Before you take the first steps in an energy comparison, take a look at your existing contract. This is because there may be a clause which limits the timing of a switch, specifying how much notice you must give your provider before switching.
There are however, certain circumstances in which your current supplier can object to you switching. Usually these involve any debt you may have with them, missed payments, or any terms referring to a fixed contract period. If they do object, they must tell you as soon as possible and explain their reasons for objecting, and offer a resolution.
Make sure that you understand the terms and conditions of any new contract you may be entering into, and make sure that you are happy with them. Also, there often wont be a cooling off period.
Does my business have a half hourly meter?
If your business uses a lot of electricity, you might need to have a half hourly electricity meter installed. If your business has a maximum demand of 100kW or greater in any half hour period during the day, then the law states that you must use half hour metering. If your business has a maximum demand of 70kW or more, you can opt to have a half hourly electric meter installed.
How long does it take to switch energy suppliers?
In most cases you can switch the day after your contract with your current energy supplier ends providing, we have given your provider 28 days notice before your contract end with your current energy supplier.
Why should I use Bright Utilities for my business energy?
Securing the most cost-effective electricity contract for your business is can be far from straight forward. Because, due to the numerous additional charges recently introduced and the various length of the contracts available. Using an energy broker can alleviate these issues, especially one which has established a long-term relationship with a wide range of suppliers. Therefore meaning they can provide a range of options and offer expert advice on the contract most suited to you.
If your current electricity supplier has given you a high-priced renewal, get in touch with Bright Utilities before going ahead with the renewal. Moreover, having an experienced broker like us in your corner could help you negotiate a much better business electricity deal. We will also even handle every last detail of switch business energy supplier. From all the paperwork to negotiating with electricity suppliers, the whole aim is to save your business money and get the best energy deal for your business electricity.
Why compare business energy prices?
Energy rates are always changing. Therefore, it makes sense to compare business electricity prices and switch to the best possible deal for you at renewal. It's not always about cost, though. You might choose to switch for better customer support or a tariff that suits your needs. Suppliers are no longer allowed to lock businesses into automatic rollover contracts, which means they can’t charge exit fees or include no-exit clauses in automatic rollovers. This could make it easier to switch business energy suppliers.
Is switching my business energy supplier a good idea?
Businesses use significantly more energy than the average household in the UK, so making sure you’re always on the most competitive electricity tariff is an easy way to save your business money. As well as this, if your current supplier has allowed you to roll on to a higher tariff, you could already be spending more money than you have to.
Using an intermediary to help compare business gas and electric
Here at Bright Utilities, we can support you and help you make a business gas and electric comparison. It is also important to understand that this is different to getting a quotation for your private home supplies.
There are few available price lists in the business market, so you will need to contact suppliers individually. Furthermore, some suppliers may not be interested in offering you a deal, depending on the size of your company and its credit rating. We can however take on a lot of the legwork for you.
We will ensure that the contract is tailored to meet your needs and explain any clauses that are causing you difficulty. We will also provide you with a list of the companies with which we can make a comparison.
Micro businesses and a business gas and electricity comparison
The size of a workforce may be a factor in choosing an appropriate supplier, since many providers will offer different deals for large corporations compared to SMEs.
The regulatory body, Ofgem, have also added another grouping referred to as micro businesses, and this may be relevant to you. These businesses qualify for different energy contracts. They must have fewer than ten employees, and show a current turnover of less than £2m, or alternatively an electricity usage of less than 100,000kWh, or gas billings of under 293,000kWh.
Remember that although business gas and electricity supplies may operate at a lower rate than domestic supplies, business customers are subject to the higher VAT rate of 20% in most cases, rather than the 5% applied to domestic supplies.
All businesses are also subject to the Climate Change Levy, which applies to both electricity and gas supplies.
Why you need to compare business gas and electricity
Most energy companies do not offer a dual fuel arrangement to businesses as they do to domestic consumers. This therefore means that you will have to have separate deals for both forms of energy supply. Many companies will offer a different rate, if you agree to take both electricity and gas from them, but this is unlikely to be the cheapest option.
If you use both types of energy, this means that you will have to carry out two comparison exercises, one for gas and also for your electricity supply.
Here at Bright Utilities, we can simplify the process for you and make sure that you get the most suitable deal for your company, and save money as you switch.
Business Energy Prices
With energy prices in a constant state of flux, you could be improving the position of your business by switching suppliers and negotiating a better deal.
At Bright Utilities, we also understand that it is not always only about outgoings. That is why we will look at a tailored deal which suits your needs. And also matches your green credentials where appropriate, and reflects a tariff which fits your requirements.
As well as this, we aim to provide you with all the energy related advice you need and help procure the energy deal which suits you best. And also by negotiating on your behalf. We can help you make better energy choices and take the stress out of comparing gas and electricity prices, and making that switch to a better deal.
So, let us help you get the process started and get a switch that suits your needs underway.
What is classed as a Microbusiness?
The rules are a little different for companies that are classified as 'microbusinesses'. These are small companies that either: use less than 100,000 kWh of electricity per yearuse less than 293,000 kWh of gas per year have 10 or fewer employees and turn over less than €2 million per yearIf you qualify as a microbusiness, your supplier must provide you with extra support with switching. For example putting the end-date and notice period for your contract on all bills. As well as telling you your annual energy consumption and how your old tariff compares with their latest options.
Can I switch to a green energy supplier?
Yes, Green electricity comes from renewable sources – like sunlight, wind, rain, plants and geothermal heat. Using an electricity supplier that sources some or all of its energy from renewables. Is of course one way of making sure your business is doing its bit for the environment. Please get in contact with one of our team and they will take you thought the options.
How do I compare business energy suppliers?
Firstly, you'll answer a few questions about how much electricity your business uses and where you're located. And then we'll run a search of all the available electricity deals based on what you've told us. You'll be able to see your estimated annual and monthly costs based on 1-5 year contracts. And also some key information about suppliers, like their eco credentials. Enter the postcode of your business. We can then access everything we need to give you a quote. Experts from Bright Utilities will study the market to help you find the energy tariff to suit your needs, then give you a brief call to discuss it.
What is the average saving I could be expecting from my business?
Our energy experts are very knowledgeable which makes it easy for them to find you the most competitive energy prices available, on average saving you up to 45% on your annual energy bill. Not only that, they’ll continue to monitor your tariff and let you know if anything cheaper becomes available, ensuring you never pay over the odds for your business energy.
INTERNATIONAL TREE FOUNDATION
Did you know we work with The ITF?
Bright Utilities has been working with the ITF since January 2020 and for every company who switches supplier, Bright Utilities will plant 10 trees with the International Tree Foundation.
One of the oldest environmental organisations in the world, ITF has been pioneering community led forest restoration since 1922. With each donation, ITF will plant ten trees with one of our African partners.