How do I find the best business electricity tariff?
There are many business electricity tariffs on offer to UK businesses, whether an SME or large multi-sited enterprise. What is right for your business will depend upon factors specific to you.
That could be certainty in locking down the price or using renewable energy sources. Here is a selection of business tariffs available:
- Fixed-rate tariffs Fixed-rate electricity tariffs protect businesses from price increases for the period of the contract. A fixed-rate tariff is a great choice when market prices are low. Locking in cheap business electricity for a period can not only generate significant savings but will help you to budget effectively.
- Variable-rate tariffs Variable-rate electricity tariffs offer great flexibility when it comes to the monthly payment. If current business electricity rates are high, then locking in a fixed rate tariff may not be the best option for you. Particularly if you do not want to commit to a longer term as variable rate contracts can be cancelled with 30 days’ notice.
- Green energy tariffs If carbon footprint is important to your business, then switching to a green energy tariff using sustainable energy sources could be right for you. Green energy tariffs need not cost more than other tariffs and can help you meet your Corporate Social Responsibility (CSR) targets.
How to find the best business electricity rates?
There are an increasing number of energy suppliers entering the market. Trying to contact all of these to collate a range of quotes, then trying to understand them to get the best price is very time consuming and often very frustrating. Taking away your valuable time that could be used elsewhere running your business.
City Utilities will take that headache away from, not only that, but with our relationships with over 30 of the UK'S largest business electricity providers, we have access to the best prices. All we need from you is a copy of your recent Electricity Bill and a signed letter of authority from you, and that is it, for many businesses we can get quotes in a matter of hours, however for larger companies and those on half-hourly meters this process takes about a week.
What if my current business electricity tariff is coming to an end?
Remember if your existing contract is coming to an end, you must have a new contract in place 28 days before your current contract expires or run the risk of being albeit temporarily on an out of contract tariff if you do not know when your contract ends, we can find out for you.
With City Utilities on your side, you will not need to do a thing we will source the quotes, prepare the contracts all you will need to do is agree on what quote to go with and sign the contract drawn up by us, and we ensure a seamless transition from one contract to another. So instead of spending hours ringing dozens of different electricity suppliers. Call us today, and we will do all the hard work for you.
Call us today on 01273 600 300 and let us get you the best deal for your business Electricity supply. Or complete the form on our business electricity page and we will contact you.