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As a business owner, it’s important to keep your expenses under control, and one of the ways to achieve that is by comparing and switching your business electricity supplier. We make it easy for you to compare business electricity prices and find the best deal for your business needs and budget. Here are some reasons why you should consider switching your business electricity supplier:
When you’re comparing business electricity suppliers, there are several factors to keep in mind. Here are some things to consider:
At EnergySwitch, we offer a range of business electricity tariffs to suit your business needs. Here are some of the different types of tariffs we offer:
With a fixed-rate tariff, you pay a set price for your electricity for a set period. This can help you budget more effectively and avoid price hikes.
Green energy tariffs are becoming increasingly popular, and they allow you to use renewable energy sources for your business electricity needs. This can help you reduce your carbon footprint and support sustainable energy production.
With a variable rate tariff, your electricity prices can go up or down depending on the market. This can be a good option if you want flexibility and don’t mind price fluctuations.
Switching business electricity suppliers is simple. Here’s how it works:
By switching to a new business electricity supplier, you can save money, get better service, and reduce your carbon footprint. Get in touch with us today to start comparing business electricity prices.
Got questions about your business electricity? Look at these business electricity FAQs and you could find all of the answers that you’re looking for.
Yes, you can cancel your business electricity contract early, but you may have to pay an exit fee. The amount of the exit fee will depend on your supplier and the terms of your contract. It’s always a good idea to review your contract before signing up to ensure you’re aware of any fees associated with early cancellation.
It depends on your supplier and the type of tariff you have. Some suppliers offer tariffs with cheaper rates at night or during off-peak hours, while others may have a fixed rate throughout the day. It’s important to compare different tariffs and suppliers to find the best deal for your business.
The VAT rate on business electricity is currently 20%. However, some businesses may be eligible for a reduced rate of 5% if they meet certain criteria, such as using less than 33 kWh of electricity per day on average, or using electricity for qualifying charitable purposes.
A half-hourly meter is a type of electricity meter that records your business’s energy consumption every 30 minutes. This data is then automatically sent to your supplier, who uses it to calculate your bills. Half-hourly meters are typically used by larger businesses with high levels of energy consumption, and are required for businesses that use more than 100 kWh of electricity per day on average.
A micro business is a small business with fewer than 10 employees and an annual turnover of less than £2 million. If your business meets these criteria, you may be eligible for special tariffs and support from your supplier. However, eligibility criteria may vary between suppliers, so it’s always best to check with your supplier to confirm whether your business is classified as a micro business.