Why Switch Your Business Energy Supplier?

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When you have a business to manage, your utility bills will usually be the last thing on your mind. After all, with a never-ending list of responsibilities, meetings to attend, clients to keep happy, and workers to pay, lowering your energy expenditures is probably the least of your priorities.

With electricity and gas bills on the rise in recent years, it is worth moving it up on your priority list, to closely monitor your energy consumption. Reducing the amount of energy your business consumes can result in significant cost savings, allowing you to invest in other areas of your business.

For many business owners, trade has slowed since the lockdown, but it need not be a reason to put everything on hold. You can use the extra time to fine-tune your business operations – in this case, switching your energy supplier – and save a bit of cash.

Business utility bills, like home energy bills, frequently increase in price when the initial fixed time expires. That is why it is critical to determine whether you are overpaying for your business energy plan. The average small business uses 22,500 kWh a month for gas and 32,500 kWh of electricity per month based on per annum energy use.

Switching Your Energy Supplier?

To save cost and reduce your business energy consumption, switching your supplier is a great place to start from. This can assist businesses in minimising their carbon footprint, thereby increasing your business’s corporate social responsibility (CSR), contributing to its viability, and creating a better environment for everyone.

Switching suppliers can be time-consuming and difficult, but at Range Communications, we take care of the hassle for you, saving you both time and money. We provide a service akin to searching around for cheaper vehicle insurance, but for your business’s electricity and gas needs.

Before Switching

Before you can evaluate your business energy consumption, you must first determine what tariff you are on. This information can either be found on a recent energy statement or by contacting your current energy supplier directly. Having a recent metre reading on hand, as well as your metre point administration number (MPAN) and metre point reference number (MPRN), can aid in providing accurate and timely quotes.

It is also a good idea to check if you are on a fixed-price electricity or gas plan and know when it is due for renewal. Fixed-price plans frequently contain a fee for terminating your current business energy contract early, but do not let that deter you, as even with the fee factored in, you can still save on some costs.

Switching

When you have made the decision to switch, you should notify your current energy supplier as soon as possible. Make sure to give as much notice as possible, as you may be charged a switching fee if you do not. Do well to inform them when you want them to stop supplying you, and hand it over to the new provider.

After that, sign your contract with the new supplier and confirm when they will begin supplying you with energy. On the day you switch, email your recent accurate metre readings to both companies, so you pay the correct amount.

Post Switching

If we source your new energy supplier, after the switching contract has been signed, we ensure everything goes on as agreed. This includes making sure the go-live date occurs as planned, and reviewing your rates and new contract expiration date again.

Need our help getting the best energy deal for your business? At Range Communications, we talk to all major suppliers to source your business the cheapest electricity and gas prices to save you money on your utility bills. Contact us today!

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