Business Energy Costs Post-Brexit
North West businesses need to act quickly to secure their energy prices, before Brexit cost increases With the...Read More
You may have wondered if you’re eligible to organise a business energy contract if you are one of the many people who has started their business up from home. Our guide explains the criteria required to use a business energy tariff when working at home!
If you are a sole trader and you work from home, you may be eligible to organise a business energy contract. If you meet certain criteria, you will also qualify as a micro business which will allow you to receive more protection from suppliers than if you were a larger business.
You are considered to be a micro business if you:
To be eligible for switching from a domestic contract to business energy tariffs, you need to prove that you run a business from your home and that a large portion of the energy consumed is for business purposes – usually 50% of your energy usage. 50% may need high, but you can include your heating, lighti, g and electricity usage in this figure. Appliances that you would use regardless of your business operating at home do not come under this figure so households fridges, for example, will not be included in the business electricity usage.
After a CMA investigation, micro businesses now have regulations protecting them from brokers and suppliers attempting to advantage.
Energy companies are required to inform you when your end date and notice period is on all fixed term contract bills. Micro businesses also benefit from a shorter notice period, now 30 days instead of 90 for most businesses.
Micro businesses can notify their current suppliers that they wish to switch energy contracts at any point in their contract. However, the official switch will not be completed until their current contract is completed. When it is time to renew your energy contract, suppliers must approach micro businesses and inform them of how much energy they have used throughout the contract, and what other deals are available to them for when they want to switch.
If you run your business from home, get in touch with us today on 0800 411 8830 to see if you are eligible to switch contracts from domestic to commercial. If you believe you are eligible, we can help you compare a range of business gas and electricity tariffs. Use our easy online comparison service to start comparing energy tariffs today!
Excellent service from Bhavni Manek
"Excellent service from Bhavni Manek. No pressure, made sure I understood exactly what the switch process entailed. Got me a great deal. Well done."This review was posted by Phil Whitehouse on the 17th of August 2019
Omar was a great help
"Omar was a great help, easy to understand"This review was posted by Tom Jenkins on the 16th of August 2019
Above and beyond...
"What superb service provided by Cheryl, very patient and nothing was too much trouble for her; above and beyond as we used to say. There is nothing exciting about switching suppliers but Cheryl managed to make the whole process painless and stress free, prices were great as well and as a charity that is good news. Many thanks Cheryl."This review was posted by Lynn Disley on the 16th of August 2019
Lorraine was very helpful and friendly…
"Lorraine was very helpful and friendly while helping me switch my business electricity to a much better deal, saving me thousands over the contract term. This was my first time using this service and I will now use it for my other sites and will also recommend it."This review was posted by Cheryl Simpson on the 16th of August 2019
"Great service x"This review was posted by James Tucker on the 15th of August 2019