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Compare quotes and prices from top business energy suppliers like EDF, E-ON, SSE and many more.
Once you've accepted a quote, we can award you up £40 cashback for switching suppliers.
Whilst businesses often consume far more energy than the average household, not all business energy tariffs are created equally, therefore if you aren’t on the right tariff for your company then you’ll most definitely be overpaying.
With Quidco, you can compare different business energy tariffs to find a deal that works for you. On top of that, you could receive cashback on your savings. So why wait? Read our informative guide to business energy comparison and start saving on your company's bills today.
Typically, there are 5 main types of tariff for commercial energy use.
For your electricity, you still pay the same price per unit (kWh). However, this does not guarantee that your bill will be the same each month; your bill will vary depending on how much energy you consume.
Your unit rates can increase and decrease during the duration of your contract, in line with market activity.
Another term for this is an out-of-contract tariff. It works as a rolling contract with high prices negotiated by suppliers for consumers who haven't signed a formal contract.
Businesses that haven't switched since the deregulation of the energy market. The unit rates that you are charged will fluctuate.
When your contract expires and you haven't arranged a new one, your supplier will place you on a rollover contract. You'll be automatically renewed for another year, and the prices you'll be paying will almost always be among the most expensive offered by the supplier.
Whatever the size of your business, it is important to be on a fixed rate contract as this offers the least amount of risk. Allowing you to calculate your annual usage across the length of the contract with ease.
Whether you’re an SME, large business or corporate, your energy usage will be different depending on the amount of employees and locations you have.
Whether your company uses a standard meter, dial, digital, variable-rate, prepayment, or a smart meter.
Popular providers of business energy are: British Gas business, EDF Energy, E.ON, npower for Business, Scottish Power, SSE, Contract Natural Gas (CNG), Corona Energy, Dual Energy, Gazprom, Haven Power, Opus Energy, and Orsted Energy.
If you’re more energy conscious as a company, then your premiums are likely to cost less. There are various ways you can be more energy efficient, such as installing energy saving light bulbs, not leaving devices on stand-by and keeping lights off when not in use.
Commercial energy quotes are calculated by a few variables with the supplier, while domestic consumers can select from a broad variety of fixed plans. Whereas, commercial energy quotes and packages are tailored to the individual needs of the company.
Businesses can choose from the big 6, or shop around with specialist energy suppliers. The ‘Big 6’ are:
Whilst domestic customers can switch their energy online and have everything sorted out in the background, business suppliers operate differently by offering bespoke packages for each company and their individual requirements.
As the supplier buys the units of energy in bulk at the beginning of the contract, businesses are required to pay for a fixed length contract, which is usually a lot longer than a domestic contract.
Unlike domestic plans, there’s no such thing as a dual fuel tariff for gas and electricity for commercial use.
For commercial use, fixed contracts are typically standard. If you want to cancel early then you will incur a fee.
Similar to domestic energy suppliers, the best rates for energy are often offered to new customers. If your business is due to finish a contract soon, you will likely be rolled over to a new contract which may cost the same or increase. Therefore it’s important to shop around to find the best deal, saving your business money to spend on more important things.
With Quidco, you can compare different business energy tariffs to find a deal that works for you. On top of that, you could receive cashback on your savings.
You can find all the information needed to switch business energy on your most recent bill, these include:
● Your current supplier
● Tariff name and end date
● Your supply type
● How much energy your business uses in kWh or pounds sterling
Charities and not-for-profit organisations are liable for a VAT cut of 15%, bringing the rate down to 5%. Furthermore, they are excluded from the Climate Change Levy (CCL), a tax on commercial energy use that reduces bills by an additional 5%.
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When using the Compare service, you must take reasonable care to answer questions fully and accurately and if you volunteer other information, you must take reasonable care to ensure that the information is not misleading.