Moving Premises and Business Energy
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The investigation found that 45% of SMEs and micro-businesses are on pricey default rollover tariffs, paying well above the odds for their gas and electricity.
Following their investigation, The CMA has recommended that suppliers end expensive automatic rollover tariffs and reduce termination fees. They also want to encourage businesses to switch suppliers, even suggesting that micro-businesses be included in a database that will be searchable by rival suppliers.
Why? Well, there are a few reasons. Do you recognise any of them?
Rolling over onto a default tariff is the path of least resistance, and might be seen as preferable to reading the small print on contracts. Energy paperwork can be confusing at the best of times, with renewal windows and potential termination fees to deal with.
Small business owners already wearing multiple ‘hats’. Adding energy comparison into the mix can seem like one responsibility too many. There are now so many energy providers out there – from the big six to small providers – that gaining a comprehensive view of the market is a weighty task.
Switching energy provider is akin to saving energy – it’s something you know you should do, but somehow it just doesn’t happen,. According to consumer psychologist Philip Graves, the reason for this is hard-wired into our brains. The savings promised by switching energy providers aren’t instant – you won’t see the money in the bank tomorrow, or even in a week’s time. That makes them harder to imagine and therefore less attractive.
What’s more, we don’t really think about our energy supplier that much, and when we do it’s usually in a negative way – e.g. after news stories about price rises and rip offs . This makes us think of energy itself as a depressing topic, and therefore we become resistant to thinking about it at all.
You may be sceptical about how much you could actually save – which is a real shame considering that some businesses can save up to 70% on their bills by switching to a cheaper tariff.
You may be overestimating the effort it takes to switch. Yes, if you try and do everything yourself things can get very complicated very quickly. However, by using an impartial broker you can streamline the process, and let somebody else do the legwork.
Whichever reason applies to you, there really is no reason not to compare energy tariffs. Our process is quick and easy – just fill in the online form to get your quote, or give us a call on 0800 411 8830. Our expert switchers know the energy market inside out, and will do find you the best deal possible, with minimum fuss. What do you have to lose?
A lovely lady called Bhavni phoned me …
"A lovely lady called Bhavni phoned me very quickly after I went online. She couldn't have been more helpful, explaining all the different rates for me. She managed to save me a huge amount per year - gave me her direct phone number if I needed to phone again - like gold-dust! even gave me a termination letter to send to my supplier. Couldn't have been easier and will definitely use again - and hope I get to speak to Bhavni again. Thanks again"This review was posted by Julie Dickie on the 17th of January 2018
Excellent service and hassle free
"Excellent service and hassle free, Jessica Purnell handled everything for me and got us a great deal, even giving advice on how to cancel the previous contract. Thank You"This review was posted by Neville Blenkinsopp on the 17th of January 2018
"Brilliant service - very quick to the point and explained everything very well! Would recommend to anyone who is looking to change their electricity supplier."This review was posted by Jess on the 17th of January 2018
Excellent service straight to the point …
"Excellent service straight to the point and the process was painless!"This review was posted by Nick K on the 16th of January 2018
I wanted to switch energy supplier as …
"I wanted to switch energy supplier as had been with current one for a number of years but prices had increased quite a lot. I dealt with an extremely helpful person called Bhavni Manek, she made this a very quick and easy experience and would use the company again if they are all as great as she was"This review was posted by amanda green on the 15th of January 2018