When to Switch Business Energy Tariffs Suppliers
Energy Tariffs Switching Window
As mentioned earlier, the switching window is the ideal time to compare energy deals and switch suppliers. It typically opens between one to six months before your current contract expires. Taking advantage of this window allows you to secure a new deal and avoid being rolled over onto expensive out-of-contract rates.
Moving to a New Business Energy Tariffs Premises
If you’re moving your business to a new location, it’s crucial to switch energy suppliers as soon as possible. When you move into a new property, your business is placed on deemed rates, which are typically more expensive than negotiated deals. By switching suppliers immediately, you can avoid paying higher rates and ensure that you’re getting the best energy deal for your new premises.
When Prices Are Favorable for Comparing business energy tariffs
Monitoring energy prices can help you identify favorable periods for switching suppliers. While energy prices generally tend to rise, there may be occasional drops or periods of stability. By keeping an eye on market trends and working with a reputable energy broker, you can time your switch to take advantage of lower prices and potentially secure a more favorable deal with energy tariffs.
Which energy tariffs suppliers do we compare?
We show you energy tariffs available from energy suppliers across the market – not just the big six!
Our goal is to provide you with a comprehensive view of the energy market, giving you access to a wide range of options beyond the big six suppliers. By showcasing tariffs from various energy providers, we empower you to make an informed decision that best suits your needs and preferences.
You tell us what you need online so we can find the best quotes
A UK-based expert will present the best deals on a short call
If you decide to switch, we take care of the rest.
Why use Energy Tariffs to Compare energy prices.
Energy Tariffs is the most popular compare energy prices site in the UK and we’ve helped more than five million people switch their energy tariffs.
business electricity suppliers
Switching business energy tariffs is a critical consideration for companies aiming to streamline their operational costs and enhance efficiency. By actively engaging in the process of evaluating and changing energy tariffs, businesses can uncover opportunities to access more competitive energy tariffs that align with their specific energy usage and needs. This frequent reassessment and switching of energy tariffs can lead to substantial financial savings, allowing companies to allocate resources more effectively elsewhere within their operations.
Moreover, staying abreast of the latest energy tariffs enables businesses to benefit from innovative energy solutions and tariffs that may offer greener, more sustainable energy options. The agility to adapt to new and potentially lower-cost energy tariffs ensures that businesses are not inadvertently overspending on energy. In essence, making informed decisions about when to switch energy tariffs—ideally, considering this action multiple times throughout the contract duration—empowers businesses to optimize their energy expenditures, contributing to their overall financial health and sustainability goals.
What are the latest business energy tariffs
When looking for the best business energy tariffs, it’s worth knowing what rates similar-sized businesses are paying for their gas and electricity.
To find out what the average business gas & business electricity prices per kWh are in 2023, check out the table below:
Latest business gas rates in 2024
| Business size | Gas unit price per kWh | Gas daily standing charge |
| Micro Business | 9.8p | 53.1p |
| Small Business | 9.1p | 65.7p |
| Medium Business | 8.7p | 111.8p |
| Large Business | 8.5p | 121.1p |
Latest business electricity rates in 2024
| Business size | Electricity unit price per kWh | Electricity daily standing charge |
| Micro Business | 29.9p | 63.7p |
| Small Business | 29.3p | 84.9p |
| Medium Business | 28.7p | 85.8p |
| Large Business | 28.9p | 84.2p |
Business Energy Tariffs FAQs
Comparing energy tariffs is important to ensure you are getting the best deal for your electricity and gas supply. Prices and terms vary significantly between suppliers, so comparison can help you save money and find a tariff that suits your energy usage and needs.
You can compare energy tariffs by using online comparison tools and websites. These platforms allow you to input your energy usage details and preferences to find and compare different tariffs and suppliers available in your area.
To accurately compare energy tariffs, you will need:
- Your current energy supplier and tariff name
- Your annual energy consumption in kWh (kilowatt-hours) or your monthly/quarterly bills
- Your postcode to check the availability of tariffs in your area
Yes, if you’re directly responsible for paying the energy bills, you typically have the right to switch tariffs or suppliers. However, it’s always best to check your rental agreement or discuss with your landlord first.
If you’re moving business premises, there are a number of things you need to do:
- Contact your energy provider and tell them when you’ll be leaving the premises
- Provide a final meter reading and keep a copy for your records
- Leave Direct Debits in place until your contract has been fully terminated.
When you get to your new business premises it’s essential you set up a new energy contract as soon as possible to prevent you from being overcharged for your business energy:
- Take meter readings as soon as you move in
- Compare energy prices as soon as possible
- Choose a new supplier and give them your meter readings and confirm the date you moved in
You will need to make sure you’re choosing the best deal for your business when switching your business energy supplier. To accurately compare quotes, you will need the following details which you’ll find on your energy bill:
- Your supplier name
- Your monthly payment amount
- Current energy consumption and unit rate (kWh)
- Your MPAN number, also known as supplier number
With this information, you will be able to compare new quotes against your current rate. When you find the right deal for you, you can switch your business energy.
Compare electricity only In Great Britain, around four million households do not use mains gas for heating, according to Ofgem. Just over half of all non-gas households use electricity as their primary heating source.
If you don’t require a gas tariff for your home, you can search for separate electricity-only tariffs. When you compare energy prices with Uswitch, we’ll ask if you use gas in your home. If you answer no, we’ll show you electricity-only tariffs that could save you money.
If you use both gas and electricity but want to compare tariffs from different suppliers, you can choose to see these separately by choosing ‘show me electricity plans’ on your results page.
Compare gas only while most households use electricity and will require both an electricity and gas plan, you can also choose to have separate brokers and suppliers or tariffs for each fuel.
There are a number of gas-only suppliers and many standard energy suppliers also offer separate gas-only tariffs.
If you’d like to compare gas tariffs with Energy tariffs, simply run an energy comparison and select ‘show me gas-only plans’ on your results page. You’ll be able to easily compare gas-only plans and dual-fuel tariffs to see which is the best energy deal for you.
If you don’t want to switch energy suppliers, you still might be able to find a cheap gas and electricity deal with an energy tariff. If you haven’t switched energy before it’s likely that you’re on your provider’s standard variable or default tariff, which is typically the most expensive type of plan on offer. You can use an energy tariff to switch to a cheaper energy deal from your current provider if you’re happy with the service but want to save on your energy bills.
We only work with trusted energy suppliers and run a yearly customer satisfaction report so you can see how each supplier performs in a wide range of categories from customer service to value for money, green services to smart meter installation. Click on ‘plan info’ in your energy comparison results and we’ll show you the supplier’s star rating based on real customer reviews. You can also learn more about each of the suppliers we work with here.
The best gas and electricity supplier for you won’t necessarily be the cheapest. You can use Uswitch to filter by what’s important to you, whether that’s a large supplier or one that offers green energy plans.
We also know customer service is important, so we’ve assigned each supplier star ratings based on our energy customer satisfaction report to help you compare energy suppliers, from the well-known ‘big six’ to the smaller suppliers you might not be so familiar with.
The cheapest energy supplier for someone else isn’t necessarily the cheapest for you. That’s why we compare energy suppliers tailored to you to get the best energy deals.
Energy suppliers vary their pricing by region and your bill will also depend on your usage. Different energy suppliers also target different types of household, so some might offer their cheapest gas and electricity deal to a family home with high usage, while someone living alone with low usage might find a cheap energy deal with a different supplier.
Ofgem’s Default Tariff Cap, better known as the energy price cap, sets a maximum rate that suppliers can charge for their standard variable or default tariffs. While this price cap currently stops suppliers charging more than £1,277 on average for standard variable tariffs, these are typically the most expensive type of tariffs and prices can rise when the cap is reviewed twice a year. When the price cap was previously changed in October 2020, the cheapest fixed tariff at that time was more than £200 cheaper than the price cap level. Find out more about the energy price cap in our guide.
If you’re on your supplier’s standard or default tariff, now’s the time to switch energy. If you’re on one of these plans it’s very likely that you can get a cheaper energy deal by switching to a fixed plan. If you’re already on a fixed deal, you might want to wait until you can switch without having to pay any exit fees. This is normally around 49 days before your contract comes to an end. To maximise your savings, it’s a good habit to switch every time your fixed plan is due to end. Not sure when your plan ends? Compare energy prices with us and we’ll let you know if you can switch without exit fees.
To find the cheapest gas and electricity deals you’ll need to shop around once your fixed plan has ended. After your plan’s end date you’ll likely be rolled onto a standard tariff, which is the most expensive type of plan.
If you’ve never switched or haven’t done so for a while, it’s likely you can find a cheaper energy deal in minutes with Uswitch. Simply enter a few details and search for a cheap energy deal.
Energy Tariff
You might not even need to switch away from your supplier to find a cheap energy tariff. Check to see if your current supplier has a cheap gas and electricity deal on offer — the cheapest energy supplier for you could be the one you’re already with.
Your gas and electricity bills are largely dependent on usage, but there are other reasons your bills might have gone up recently:
1. Your fixed price plan ended
A fixed price energy plan protects against price rises. These plans do end though, and when they do you get automatically rolled on to a new plan with different rates. This is often a standard variable tariff or default tariff, the most expensive type of energy plan on offer.
2. Your energy supplier has raised prices
If you’re on a standard variable or default tariff, your energy supplier can raise their gas and electricity prices at any time.
3. Your bills are based on estimated meter readings
Check that your bill is based on actual readings of your gas and electricity meters rather than estimated ones. It’s important to take your own readings so that you get charged accurately. Or consider getting a smart meter, which provides real-time meter readings and can help you monitor your energy usage — you can request one from your supplier or switch to a smart meter tariff.
Which is the cheapest electricity supplier? The cost of electricity tariffs can vary from supplier to supplier and month to month. In general, the cheapest electricity suppliers are British Gas Lite, Energy Tariff. However, it’s important to check all the deals currently available before you switch.
The average electricity rate is 13.19 cents per kilowatt hour (kWh). The average price a residential customer in the United States pays for electricity is 13.31 cents per kWh.
A standing charge is a fixed cost that remains the same regardless of the amount of energy you consume.
A standing charge is used to cover the costs that your energy provider incurs supplying you gas and electricity, for things such as: Keeping your house connected to the UK energy network.
Where can I find my electricity MPAN? Your MPAN is on your electricity or dual fuel bill, usually in a box marked ‘Supply Number’. It’s 21 digits long and begins with ‘S’. You’ll only need the last 12 or 13 digits
Cheapest energy Supplier in the UK.
- SSE
- British Gas Lite
- Valda Energy
- Edf Energy
- Eon Energy
- Positive energy
- Total Gas and Power
- Scottish Power
- Utilitia energy
- OPUS Energy
Who is eligible for the Energy tariffs Bills Discount Scheme?
The Energy tariffs Bills Discount scheme is open to those with a fixed non-domestic energy contract signed on or after December 1, 2021. This includes new fixed-rate contracts, deemed, out-of-contract, and variable-rate contracts. If you are a large business on a flexible purchase or similar contract, you may be eligible for the scheme. It might be worth finding out if your business falls into the Energy Trade Intensive Industries category as the scheme works differently for them. There are some conditions attached, however. If your unit rates are below the government’s minimum threshold, you won’t be able to participate in the scheme. And if not all of the maximum discount is needed to get your rates to the government threshold level, you will only receive a partial discount. For most businesses, the following discount and threshold rates apply: Gas – A maximum of £0.00697 (around 0.7p per kWh) off the difference between the wholesale element of the unit rate you pay to your business gas supplier and the price threshold of 10.70p per kWh. Electricity – £0.01961 (about 2.0p per kWh) off the difference between the wholesale element of the unit rate you pay to your business electricity supplier and the price threshold of 30.20p per kWh. If your business is in one of the Energy Trade Intensive Industries, then the following discount and threshold rates apply: Gas – 4.0p off the difference between the wholesale element of the unit rate you pay to your supplier and the price threshold of 9.9p per kWh. Electricity – 8.9p off the difference between the wholesale element of the unit rate you pay to your supplier and the price threshold of 18.5p per kWh.
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