Ask for a business electricity quote

Call us on 0330 123 1336

An easy way to save on your business electricity bills

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 deal.

contact-suppliers

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.

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 about business electricity

All of the information required to generate a quote for your business can be found on your energy bill or by contacting your 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 rates changing regularly, comparing prices often is a practice that could save your company 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 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 electricity.

If the previous tenant of your premises has called the 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 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 premises. We’ll update your 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.

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

All the information you need to switch business electricity to True Energy can be found on your bill. You’ll need your:
current 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 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 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 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 electricity, we’ll send you a contract pack and take care of the whole switching process.

Contact us

Call us today on
0330 123 1336

Get in touch with our business electricity customer services team
who will be happy to help.

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