UK Business Electricity Suppliers - Better Prices For All Business

 Autumn Broughton
  May 27, 2019

Electric Suppliers

Admittedly, finding the best business electricity providers isn’t an easy task for businesses.

There are over fifty different business energy providers in the United Kingdom alone, each providing their own conditions, contracts, and rates.

Consequently, you must have a hard time trying to find the best business electricity prices for your business.

Let's look at business energy suppliers with the best deals:

The 5 Best UK-based Business Energy Providers

  1. British Gas

British Gas is the largest of all UK energy providers and supplies energy to around twelve million homes and about half a million businesses across the UK.

Pros

  • 3-year contracts available (guaranteed rate safeguarded against price increases)

  • Competitive rates

  • Great for multi-site businesses

  • Provides meter installation and smart meters

Cons

  • More expensive than many other providers

  • A minimum 1-year contract that is difficult to leave early

  1. Utility Warehouse

An excellent option for those starting new businesses since you can get your landline, electricity, gas, and mobile broadband all in one simple bill. Interesting, right?

Pros

  • Ideal for multi-site businesses

  • All businesses have dedicated account managers

  • One bill for multiple services

  • No contracts

  • Gold client rewards

  • Good Trust pilot rating

Cons

  • Quotes only available upon request

  1. Bulb

The bulb was started on the basis of providing 100% renewable electricity, better service, and efficiency to UK businesses, at an overall affordable cost. Bulb’s main objective is transparency, so they clearly outline their pricing details on their site.

Pros

  • Best rated on Trustpilot

  • Competitive rates

  • One tariff for transparency

  • No fixed contracts

  • No exit fees

  • Great for multi-site businesses

  • 100% renewable electricity

Cons

  • The bulb doesn’t supply to sole traders

  1. YU Energy

YU Energy offers transparent contracts and startup-friendly rates for business electricity.

They also focus on improving customer experience and learn from the mistakes of the big 6 energy providers to ensure they provide the best contracts and rates for businesses in the UK.

Pros

  • Several tariff options available

  • Offer fixed price tariffs

  • Competitive pricing

Cons

  • Limited online information

  1. Opus Energy

Opus Energy supplies free smart meters to all new clients. They currently supply to over 150,000 business in the UK and are part of the GDF SUEZ group.

Pros

  • Great customer services

  • 90 percent of their electricity is generated renewably

  • Business Clusters

Cons

  • Quotes only available on request

  • Poor Trustpilot score

What to Look For in a Business Energy Supplier

  • Account Management Service

Is there someone dedicated to understanding your businesses, can handle all your inquiries both efficiently and quickly, and who will put your needs first?

  • Affordability

Best-business practice should always be to get the most competitive rate for business energy.

  • Dependability

Honesty on delivery, affordable in pricing and consistency in service are all important things you will want from any business electricity supplier.

  • Flexibility

Small businesses are always growing and changing, and you’ll need a provider that will be able to keep up.

  • Fixed Price Contracts

Does the business energy provider in question offer price stability for the whole length of the contract? This is crucial, as it’ll afford you the peace of mind that will help you to focus on expanding your business.

  • Payment Options

Is there the ability to pay by Direct Debit? This is useful as it’s one of the most reliable, quick and convenient ways to pay your bills.

  • Efficiency Advice

Suppliers should offer expert advice on how you could save money by utilizing your energy more efficiently.

3 Important Things to Consider When Choosing a Business Energy Provider

While any business tries to keep outgoings and costs down, many overlook the simple things, like comparing who offers the best rates.

Below are three points you should definitely look out for when choosing a business energy providers.

  1. Cost

The cost of electricity or gas should be the first thing you take into account when looking for a provider.

Ideally, you should be looking for a fixed price, fixed-term contracts, so that you know exactly how much you will be paying in the future, and for how long.

  1. Levels of Service

While low-cost deals and suppliers can seem attractive, the levels of service that are associated often leave a lot to be desired.

Look for a supplier that offers dedicated customer support service that will look after your account, reviewing your energy needs and providing support and insight whenever you need it.

  1. Do They Offer Any Extras as Part of the Service?

In addition to looking at good value energy suppliers, and the level of customer service that they provide, you might also be interested in the other initiatives or services that the suppliers are involved with.

Some energy providers will provide you with a smart meter, which removes estimated bills and lets you monitor your energy consumption, enabling you to make informed decisions on your energy consumption.

After taking into account these three points and conducting some research, you’ll be able to make an informed decision on which business energy provider you should choose, and which one best suits the needs of your business.

Conclusion

Finding the best supplier to do business within the field of business electricity suppliers can often take a little effort and time, though it’ll score much higher than just blindly entering into a contract.

Businessmen are in business to make money, and that means making sure that every billable kilowatt per hour counts.

UK Business Electricity Suppliers - Better Prices For All Business

Autumn Broughton

Autumn Broughton is a writer, author, and editor from the Midwest. She studied English and American Literature in her college days, and shortly after began pursuit of producing informative articles and entertaining pieces for a variety of online businesses and websites. She has been both published and self-publish, currently has a small collection of short-read books on Amazon, and is currently working on the production of entertainment pieces for BuzzFeed. In a world that is comprised of language, words, text, and literature, she always likes to ask: what does your world look like?

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