Can I have a business energy contract if I work from home?
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There was a 6% increase in oil prices in March as traders worried that hostilities in Yemen would disrupt supplies. So far this hasn’t been the case but prices have again increased and the cost of Brent crude oil has gone up by about $9 a barrel in the last six weeks to around $65.
The continuing conflict in Yemen is still playing a part in these price rises. But it’s unlikely they will go back up to the previous levels any time soon.
Gas is a by-product of oil exploration and production. Over the last few years a number of different sources of gas have emerged including shale gas. But gas prices are still strongly linked to oil prices because of overlap in production and exploration.
Gas prices are linked to electricity prices because gas is used to generate electricity. This means oil prices can have an impact on both business electricity and gas costs.
But business gas and electricity prices haven’t fallen as much as had been hoped as a result of lower oil prices – partly due to government levies on bills.
Now, as economies around the world recover, oil consumption is expected to increase. And when consumption goes up prices can increase. While there’s a glut of oil at the moment, prices aren’t likely to increase rapidly in the short term. But they will start to go up.
If your business energy contract is due for renewal now or over the next few months it’s important to make the most of these lower energy prices.
Use a compare and switch site to find a better deal. Fix your contract and benefit from these lower prices for the next two, three or even four years. Knowing exactly how much your energy will cost will allow you to make better long term decisions.
SwitchMyBusiness.com offers a straightforward solution, cutting bills by up to 70%, with exclusive supplier rates. Thousands of businesses have already saved an average of £747 per switched meter with a call that takes less than five minutes. For an impartial expert option, fill in the form at the top right of this page or call 0800 411 8830
"Very easy. Bea Luseni very efficient & knowledgeable."This review was posted by Alan Duffy on the 31st of March 2017
Super helpful and easy to work with
"Recommend this company in a heartbeat - Nicole Borneuf was super easy to talk to, was not pushy in the slightest, very helpful and replied with all my questions very professionally and did all she could to help. I had to deal with a few companies to sort my business energy out, all but Nicole were too pushy for my liking and I refused to follow through with them. Thank Nicole - you are a credit to your company, thank you for making the stressful energy change so easy."This review was posted by Mia Drew on the 29th of March 2017
An Extremely Competent Company
"Switch my business has not only helped my SME secure a good energy deal for the second year running but Jessica swiftly found a alternative supplier for me when I was let down on the day of switching by the new contractual provider I had chosen some 4 months previously. Being suddenly out of contract and without provider is everyone's energy nightmare. Greatest thanks."This review was posted by S McMillan on the 29th of March 2017
Helpful, friendly and we saved lots of money!
"Jessica Purnell was helpful and friendly, she made the whole process easy and simple AND we saved lots of money thanks Jess"This review was posted by Melanie Baker on the 23rd of March 2017
Quick & Easy
"Kabibi was very helpful and the whole process was very efficient. The one small reservation I had was that I was phoned up by Kabibi almost immediately having received my online quote - which wasn't enough time for me to finish reading the quotes! Fortunately she was able to assist me in a greater savings on both Gas & Electricity, and so as long as the switchover is seamless I will remain very happy with the service."This review was posted by Amanda Brown on the 21st of March 2017