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!
Excellent service provided by Lorraine…
"Excellent service provided by Lorraine Carey. Not only was she efficient, cheerfully & pleasant but took all the hassle out switching service providers"This review was posted by Norwegian Log Buildings Ltd on the 22nd of March 2018
Arron Newton made the switch process very easy
"Arron Newton helped me with our business switch - he was extremely well informed about the energy market and helped me find the best deal. The process was very easy."This review was posted by sue nolan on the 22nd of March 2018
"Everything was explained clearly by the representative, Mark Weeks, and it made the renewal of our utility supplier painless. Prices quoted were competitive and we were able to secure a better price than expected. The process was quick and efficiently dealt with. Jim, owner of Four Seasons Greengrocers, Crediton, Devon"This review was posted by Jim Bond on the 21st of March 2018
"Lorraine, the agent who attended to me, was extremely efficient and professional. The quotations obtained were very competitive and presented in an easily understandable format. All queries were attended to and replies forthcoming speedily. As a representative of the organisation, I could only present the proposals I obtained and, unfortunately, the committee elected to use another company. From my point of view, Lorraine made my task to gather all relevant details very easy and her attitude was professional and courteous throughout. I have no reservations in recommending SmB to other businesses who seek to change energy suppliers."This review was posted by Two Locks Church on the 20th of March 2018
Can not recommend highly enough
"Can not recommend highly enough. Pamwan was an absolute delight to deal with. Very thorough and patient which made the whole experience easy and straightforward."This review was posted by Kirby Marie on the 20th of March 2018