Save on Business Electricity Costs with Expert Energy Comparison

We can compare cheap business electricity options and switch your supplier today for a better deal.

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Ask for a business electricity quote
Call us on 0330 123 1336

An easy way to save on your business electricity bills

Electricity bills and the first step to get started

Step 1

All we need from you to get started is your current business energy bills, this contains all the business electricity information we need to find you the best business deal.

the second step is that we will contact you

Step 2

We’ll contact a range of trusted business electricity suppliers to find which one is right for you, considering both price and service.

with step 3 we will organise the paperwork and handle the switch over

Step 3

After we have a chat about what deal is right for you, we will then organise the paperwork and handle the switch over to your new business supplier.

How does business electricity pricing work?

Business electricity prices and plans are calculated and set up differently to domestic electricity ones.

Business electricity unit prices may be cheaper than domestic ones because of the amount of energy used, but most business customers pay a higher rate of VAT.

Pricing is based on your business size and electricity consumption. It may be calculated on a fixed or a variable rate tariff.

If you have a half-hourly meter, we’ll give you a tailored price based on when and how your business use electricity.

FAQ’s

To start saving money on your business electricity bills, you have to tackle consumption and energy spend. Energy monitoring and saving devices are good but, if you want to cut costs, you also have to look at your business energy statements to see how much you’re paying for your unit rate and daily standing charge. Keeping your contract end date in mind, you can start to compare business electricity prices up to one year before that date. Your current rates will be used as a starting point.

Many suppliers are offering their customers free smart meters, allowing you to monitor your usage in real time. Why not see what optional extras you can get by ?

If you could save money by switching, we’ll let you know. But we won’t stop there. To save you time, hassle and disruption, your True Energy account manager will handle the process for you. You’ll get a better price and a smooth, seamless switch. It really couldn’t be easier.

All of the information required to generate a quote for your business can be found on your energy bill or by contacting your business energy supplier. We are happy to assist you over the phone if needed, simply call us on 0330 123 1336.

The average price of non-domestic electricity bills increased by 3.5% between 2016 and 2017. With business rates changing regularly, comparing prices often is a practice that could save your business money.

It’s not always about cost, though. You might choose to switch for better customer support or a tariff that suits your needs.

It’s also worth knowing that suppliers are no longer able to lock businesses into automatic rollover contracts from June 2017. This means that suppliers can no longer charge exit fees or include no-exit clauses in automatic rollovers. This should make it easier to swap suppliers, if you have tried previously and found your business locked in to a contract.

Ask the letting agent, landlord or previous tenant who supplies the business electricity to your premises. If you can’t contact them, you can use the Energy Networks Association postcode search tool  to find out the name of your network operator and their telephone number. Your network operator will be able to tell you who supplies your business electricity.

If the previous tenant of your premises has called the business electricity supplier to let them know they’re moving, the energy supplier may send you a letter addressed to ‘The Occupier’. This letter will provide any details you need about your business gas and electricity or dual fuel supplier.

Business electricity rates are based on your business size and electricity consumption. They may be cheaper than domestic rates because of the amount of business electricity used, but most business customers pay a higher rate of VAT – typically 20% instead of 5% for domestic electricity. Businesses also pay the Climate Change Levy which is currently 0.811p/kWh for business electricity.

Please let us know the day after you move in to your new business premises. We’ll update your business account if we already supply electricity to the site, or provide you with our best business electricity price to take over supply. We take care of everything.

The initial renewal quote you receive from your current business supplier is likely to be inflated. Having a good consultancy on board gives you access to all major suppliers and takes care of the process. Utility Bidder has access to live commercial electricity prices, making use of premier relationships with the UK’s major business suppliers. We can get you a better renewal price on business electricity or dual fuel. Alternatively, we’ll recommend a switch to get you the best business electricity prices.

Energy use continues to be a major cost for most businesses. Whether you’re a high electricity user or a service-based office, your business electricity expenditure will inevitably make up a substantial proportion of your bills.

With this in mind, it’s important to save money on electricity wherever you can.

Unfortunately, our research shows that 80% of businesses are overpaying on their electricity bills.

The good news is that it’s easy to cut back. All you need to do is compare business electricity with True Energy. We’ll take a close look at your bills and meter readings and help you identify where you could make savings. We have relationships with the UK’s leading electricity suppliers, including

E.ON, British Gas, EDF, SSE, NPower and many more. This means we can access exclusive business prices and pass the savings onto you.

You can choose from a range of competitive business electricity packages from 27+ suppliers, all of which cater for different requirements.  This means that whatever your needs, the size of business or industry, we’ll find the perfect solution.

If it’ll save you money to switch suppliers, we’ll let you know.

But,

if you’re happy with your current business supplier and would like to stay with them, that’s no problem either. We’ll swing into action to negotiate a better deal. Alternatively, we’ll switch you onto a business electricity tariff that works better for your company.

True Energy can help you change your business electricity contract early. Why is it a smart idea to do this? Well, business electricity prices are increasing all the time. So, it makes sense to lock into a long-term, fixed term contract. If you can lock in low rates for longer, your business will have more protection against market fluctuations.

And when your fixed contract runs out, trust True Energy to secure new business electricity deals for you. We’re proud to have many long-standing customers, who trust us to put their needs first.

We are independent and are not biased to place any business with any particular suppliers. You’ll be given fair quotes from all available business suppliers.

All the information you need to switch business electricity to True Energy can be found on your bill. You’ll need your:
current business supplier’s name
tariff name and end date
supply type
details of how much electricity your business uses
It’s helpful to know your meter number too.

When you request a quote, the more accurate you can be, the better, because it means we can tailor the search to fit your exact business needs. You can still search without all these details, but the results might not be as precise.

As with domestic switching, the new electricity provider takes care of organising things, so you should be able to give them a few details and then leave them to it. The switch should take around two to three weeks, according to Ofgem figures.

There are a couple of restrictions for would-be business switchers. Your supplier can decline to switch if you’re either

  • still in contract
  • in debt to them

Make sure you are choosing the right new business supplier because unlike with domestic suppliers there is no 14-day cooling off period if you switch your business energy.

The unit of measurement for electrical energy, equivalent to the power of one kilowatt operating for one hour. A bill from your business energy supplier will show your usage in kWh. To calculate your annual consumption, multiply the figure by 12.

No – once you’ve accepted our quote to supply your business electricity, we’ll send you a contract pack and take care of the whole switching process.

Your business contract end date can be found on your bill, but if you’re struggling to find it then we can help. Our business electricity brokers are experts at analysing bills, keeping you from paying inflated, out of contract rates.

Thanks to our brokers, we can help you switch to the best deal for your business.

It’s only natural to worry about the smooth running of your business. But switching to a more affordable business electricity supplier doesn’t have to mean business disruption. In fact, a switch can be far simpler, quicker and smoother than you may expect.

Our consultants do it all. You’ll get the advantage of their expert advice, as they scour the market to find the very best money-saving tariffs for your business. Our recommendations are bespoke, unbiased and tailored to you.

Ready to make the switch or have your electricity bills checked by an expert? The True Energy team is on hand to help. Fill in our simple contact form or call us today.

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0330 123 1336

Get in touch with our customer services team
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