DCP228 and Business Electricity
What is DCP228? DCP228 is a regulation to be introduced by Ofgem in April 2018 which will change the way busin...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!
"Great Service! Cheryl found us a fantastic rate and led us through the process quickly. Would definately recommend. Thank You Cheryl"This review was posted by Worldcare Skip Hire Ltd on the 14th of December 2018
"Cheryl was very helpful on the telephone and rang back when promised with the information promised. Think we have secured reasonable electricity deals for our business needs. I would not hesitate to use this company again if needed."This review was posted by D Mac on the 13th of December 2018
Great Customer Service!
"Switched both our Gas and Electricity tariffs using Switch My Business today- had a fantastic experience. Cheryl was very polite and understood that i needed to go back to the Charity Committee before agreeing to anything. Some companies can be quite forceful but Switch my Business and Cheryl in particular have been nothing but helpful. We will be using them again! Thank you."This review was posted by Trentham Preschool on the 12th of December 2018
"Bhavni is a pleasure to deal with. She is very helpful and knowledgeable and having a direct contact is so refreshing instead of dealing with usually frustrating energy companies. I highly recommend."This review was posted by Esme on the 12th of December 2018
Fantastic Switch Experience Cheryl Sreenan
"Fantastic Switch Experience, Cheryl Sreenan was extremely helpful the phone call for switching took less than 10 minutes. I couldn't have asked for a better service in going through this process. Thank You"This review was posted by Sam Barlow on the 11th of December 2018