Compare Business Energy Prices Today!
Did you know that many businesses across the UK are still overpaying for their business gas and electricity? Don’t continue to make the same mistake, compare your business gas and electricity suppliers today to find the most competition prices and stop missing out on savings of up to 45%* on your energy bills!
*Average savings of 45% can be achieved when compared to your current energy supplier’s standard out of contract rates
Can you really save up to 45%* on your Business Energy Bills?
The short answer is… Yes!
When you come to Exchange Utility to compare business gas and electricity, we will start searching for the most competitive tariffs. Due to our strong presence within the industry, we can find a great range of bespoke rates. You are then able to select the preferred option for you and your business.
Switching your businesses energy supplier can help to significantly reduce your energy overheads. Don’t miss out on our superb business energy savings with our business energy switching services.
We can help you to save up to 45%* without the hassle of having to ring around all of the suppliers yourself to compare business energy prices. Simply fill in the form above or give our team a quick call on 0800 9777 000 and switch your business energy today.
Why use Exchange Utility to Compare Business Gas and Electricity?
✓Our customer support team is one of the best in the industry
✓Comparing gas and electricity with us will save you time and money
✓We have years of experience in the comparison of businesses gas and electricity
✓We have built a solid reputation for being a reliable, impartial and trustworthy comparison company
✓We are able to compare gas and electric prices from industry leaders to find you competitive rates
✓Whenever a business gets in touch with us, we always work hard to get them the most competitive rates
Don’t just take our word for it see what our customers are saying about us on Trustpilot
Call us on 0800 9777 000 or fill in our Business Gas & Electricity Quote above to start saving today.
Switch Your Business Energy With Ease Today
If you are looking to switch your business energy supplier to help reduce your business energy costs, choose Exchange Utility for the fastest switching service, friendly advice, and professional care.
We can help you to switch business gas, business electricity and business water suppliers. Our business energy comparison experts will help you to find a tailored solution by comparing a large range of diverse energy suppliers in order to help you save money on your business energy bills.
We’ve helped thousands of businesses reduce their energy bills across the UK and we know we can help you to do the same, so get in touch with us today.
Thanks to our experience within the industry and our presence, we can source the most competitive tariffs for your business. Our highly experienced energy experts can guide you through the somewhat daunting process of utility management and take the stress away from making the switch to a more competitive rate in the market.
We understand today’s energy customers have a wealth of options available for deciding who to turn to for managing their energy supply. Having the choice of companies with competitive prices is a good thing, but it can seem like a challenge to carry out research and negotiate with these companies. Thankfully, Exchange Utility provide you with an impartial, personalised and professional service regardless of what size business you have. We will guide you through the whole process when it’s time to renew your business energy.
Check out our many customer testimonials from our services page to find out what our customers have to say and how we go the extra mile, leaving no stone unturned when it comes to helping businesses save money on their business utility bills.
Switch and compare your business’s energy now to find savings on better tariffs based on your business usage – you could be overpaying on your gas and electric bills
Switch Business Energy
To get started and enable us to prepare an accurate comparison for you, we will need some information from your utility bill. This will be your meter number, bill period, payment amount and tariff information. Not sure where to get this information or have any further queries? Give us a call for free on 0800 9777 000, and we will provide you with the very best advice and cost effective business solutions.
How will a business energy price comparison benefit my business?
A business energy price comparison from Exchange Utility can save you the time and effort of switching and comparing your current energy provider yourself. We will search on your behalf and find our most competitive market prices for you and your business.
Unlike other companies, we are an impartial service. This means we can advise you on what’s best for you and your business without any agenda or conflicting interests.
How long will it take to switch my business energy provider?
Exchange Utility will ensure that we switch your business energy supplier as soon as possible. The team will handle the whole switching process for you from start to finish. So you have nothing to worry about throughout the whole process.
You can learn more about the switching process by reading our energy switching FAQ for further details.
What do I need to do to get a business energy price comparison?
That’s easy, just fill in our business energy comparison form above and we will compare all our business energy prices for you.
Exchange Utility is the perfect place to start
As one of the largest energy consultancies in the UK we have access to a number of business energy suppliers, from the Big 6, independent suppliers, to suppliers that are very green energy focused.
All of these business energy suppliers can offer tailored rates to meet the needs of your business. Call free now on 0800 9777 000 and speak with one of our business energy experts, or fill out our energy comparison quote form at the top of this page.
Are you ready to cut your energy bills by up to 45%*?
It’s understandable to be sceptical about being able to make such savings, but the reality is that these savings are very possible if you have been with the same energy supplier for an extended period of time. Your old contract rates may no longer be available and you may have been moved on to an “out of contract rate” which could mean you will no longer be getting the most competitive rates for your business.
It’s important to ensure that you do not wait until your contract comes to an end. Unlike domestic customers, you may not have the opportunity to exit the new rolling contract without a financial penalty. So you may have to wait a further 12 months before being able to find a better rate.
With that in mind, do not wait until your contract end date to start looking. Start early to ensure you’re well prepared and ready to switch energy providers if you would like to ensure your business will not be locked into paying more for your gas and/or electricity at the end of your current energy contract.
Has your business recently moved into new premises?
If your business has recently or intends to move into new premises and begins to use gas and/or electricity, the existing supplier could potentially place you onto a “deemed contract” in order to provide you with a gas and/or electricity supply. It’s important to ensure that you find a suitable energy contract for your business as your new energy supplier will be under no obligation to provide you with their most competitive deals, whilst you remain on out of contract.
On a “out of contract rate”? What can you do now?
According to Ofgem, your supplier must not simply allow you to remain on a “out of contract rate” at the end of your current contract deal. They must take all reasonable steps to ensure you are aware of any other contracts available to your business through your current supplier. They must give you reasonable advanced notice of the end date of your contract and inform you what will happen in due course.
Although these offers may help your business save money, they’re often not the most competitive deals in the market, but they will be a better alternative to the energy prices you’re currently paying.
Is switching energy supplier difficult to do?
Your current energy supplier should not make it difficult for you to change supplier once you are out of contract. They are also obligated to let you know prior to the end of your contract when your contract will end and what will happen after the end of your contract. If you plan to switch suppliers, read your current energy contract thoroughly to ensure that your current supplier’s contract isn’t a “roll-over contract”.
If your contract is a roll-over contract and you do not let your current supplier know you intend to leave, it then limits your ability to make your switch to a new energy supplier a smooth one.
If you need help and advice with understanding your current contract and would like to explore your options with a view to switching supplier, our friendly team of knowledgeable energy experts will be able to guide you through the options available to you. Simply call us on 0800 9777 000 or fill in the form above and we can help and advise you on your possible options.
Micro business energy contracts
If your business is considered to be a micro business, energy suppliers are required to put the end date and notice period on all bills for fixed-term contracts.
Ofgem also requires all smaller businesses to notify their suppliers of their intention to switch at the end of their current contract, any time before the notice period. It’s always advisable to be proactive and check what your current supplier will do with your energy contract and billing after your contract end date, as the most competitive options are often found when comparing and switching supplier.
For energy contracts which started on or after 30 April 2015, Ofgem have reduced the maximum notice period for terminating a micro business contract from 90 to 30 days. Smaller businesses are also required to be notified by their current energy supplier around 60 days before a fixed-term ends how much energy they use each year, and provide them with details on how the price of their current contract compares with the new prices.
With this information available, it should make it easier for you to be able to compare the tariffs and prices provided by other suppliers when the current contract ends. Our energy experts at Exchange Utility can help you by comparing the energy suppliers we work with to find you a better plan by either calling us on 0800 9777 000 or by filling in the form above.
Key terms used in energy contracts and what they mean
Below, you will find some of the key terms used when talking about your energy contracts to help you better understand more about your energy contracts and energy bills.
The amount you are billed daily or monthly by your gas and/or electricity supplier for maintenance and other costs, such as maintaining connections to the power and/or gas networks.
When you switch to a domestic energy supplier, you receive a cooling-off period which allows you to change your mind about switching suppliers without penalties. However, the same does not always apply to a business energy contact as the rules for businesses and domestics are different. Therefore, you should always attempt to find a suitable deal before the end of your current contract to ensure you are getting the most competitive deal.
To speak to a knowledgeable energy expert about your options, call us on 0800 9777 000 or fill in the form above.
If you have recently moved into a new business premises without agreeing a contract with a supplier, you may be on what is known as a “deemed contract” for your gas and/or electricity supply. This means that you are on an “out of contract rate” and may not be getting the best deal, so it would be advisable to seek out a new energy supplier.
Your energy supplier will charge you a fixed price per kWh for your gas and/or electricity which will not change for the set period of time set out in your energy contract(s).
If your energy supplier has provided you with a fixed term tariff, this will have a fixed end date which you should be made aware of before agreeing to the energy contract. Details of any fixed term tariff your business energy is on should outlined within your energy contract.
Some suppliers are now able to offer businesses a more environmentally friendly energy supply by providing electricity and gas from renewable or carbon neutral sources. These tariffs are known as green tariffs allowing businesses to further improve their own green credentials and environmental impact.
A kilowatt-hour is a unit of measurement which is used to measure the energy consumption of businesses using both electricity and gas.
Whether your business uses electricity or gas, you will be supplied with a meter in order to determine how much gas and/or electricity your business is using.
A meter reading will allow the energy supplier to determine how much your business has consumed and accurately bill you for your current usage.
A micro business is a non-domestic consumer and is defined as one that meets one of the following;
✓ A business that employs fewer than 10 employees
✓ An annual turnover or balance sheet no greater than 2 million euros
✓ Uses no more than 100,000 kWh of electricity per year
✓ Uses no more than 293,000 kWh of gas per year
According to the fsb.org.uk, there were 5.7 million private businesses in the UK at the start of 2017, with microbusiness.ac.uk suggesting that there were 5.15 million micro businesses in the UK in 2015.
Here at Exchange Utility, we help businesses of all sizes to ensure you’re receiving the right deal from our panel of energy suppliers. Simply call our knowledgeable energy experts on 0800 9777 000 or fill in the form above to get started.
A megawatt-hour is a unit of measurement which is equal to 1000 kWh
The government has set in place a requirement for all energy companies to install smart meters for their domestic and small business customers by the end of 2020.
One of the main differences between one of the older, traditional energy meters and a smart meter will be in how the meter is read by the energy companies. Smart meters, unlike the older, traditional meters will communicate directly with your energy supplier in near real-time. This should mean you’re only ever going to be billed and pay for the energy you use and cut down on meter reading submission errors.
Older meters rely on one of three methods; an estimated reading, a customer’s reading or somebody physically visiting your premises to read the meter.
Along with the unit price you pay on the amount of energy your business consumes, you will also be billed a standing charge. This is a fixed daily or monthly amount that you pay your gas and/or electricity supplier for maintenance and other costs, such as maintaining your connection to the gas and/or power network.
The Big Six is a term widely used to describe the biggest UK energy companies, supplying both gas and electricity to domestic and business customers. These days, the Big Six energy companies in the UK are commonly identified as follows; British Gas, EDF Energy, E.ON, Npower, Scottish Power and SSE.
As of Q1 2018, they accounted for 77% of the Domestic Gas supply market share, down from nearly 100% at the beginning of Q1 2011 and 78% of the Domestic Electricity supply market share, down from nearly 100% at the beginning of Q1 2011.
The market share for other suppliers (defined as those who have individual market shares below 1% in either gas or electricity) rose to 10% market share between Q1 2017 and Q1 2018. That’s a 4% increase within 12 months showing that increased competition amongst suppliers is helping to give both domestic customers and business customers even more reason to shop around for the most favourable deals.
A unit rate is the contractual amount being charged per unit of gas and/or electricity being consumed according to the gas and/or electricity meter.
A variable tariff allows the energy supplier to alter the standing charge and/or unit rate(s) without needing to wait until the end of your energy contract.
Ready to see how much you could save?
Whether you have more questions you’d like answering about your businesses energy bills, or you’re ready to find out for yourself if your business could be making significant savings on your energy bills, give our friendly and knowledgeable business energy team a call now on 0800 9777 000 or alternatively, fill in the form above.