What happens when you do not switch when your commercial contract expires? You will usually just be switched over to the supplier s out of contract prices after the contract has ended. These can sometimes be a lot higher than your initial installation charges and can lead to as much as a 50% hike in your energy bills. This is one reason why so many business people avoid switching suppliers during their contracts. However, this should not be the case for all of us.
When a contract expires, you are still legally obligated to pay for the energy tariffs that were agreed upon. Therefore, it is important to find a business energy supplier that will offer you a good price that is not affected by a contract termination. You can do this by comparing your existing supplier with others that remain in business in your area. Although the internet does make this task a lot easier, a more effective way to compare providers is to contact the companies directly to ask about their current energy tariffs. Find out how much they charge per kwh, average monthly rates, and their standard annual charges.
Once you receive these quotes from the four different suppliers, you should take a moment to compare them side by side. There are several ways to compare business energy suppliers, such as calling, visiting their retail stores, and searching using key words. Before making your final decision, make sure to ask each supplier the same questions so that you can get a general sense of their customer service. If you feel that the staff at a particular supplier is less helpful or knowledgeable than others, then look elsewhere.
As soon as you have found a business energy supplier with whom you feel comfortable, it is time to review your current supplier’s services. The best way to find out what your electricity supplier provides is to call them yourself. If you are still happy with them after speaking to a few representatives, then keep them on your “approved” list. This will allow you to continue to enjoy their services for a long time to come.
You may also want to consider asking for a gas and electricity comparison. Although many of the big UK Gas & Electricity suppliers offer a variety of tariff plans, they can sometimes end up charging more than competitors. With a gas and electricity comparison, you could save money and find a better deal than you are currently paying.
It is important to remember that competition in the UK energy market means that there are numerous new suppliers on the market. These days, energy providers are fighting for your business. As a result, many of them are willing to slash their prices to attract customers. However, before agreeing to any supplier’s deals, it is worth comparing their prices with other providers. This could go a long way towards helping you get a better deal.