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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!
Thank you Lorraine for all your help…
"Thank you Lorraine for all your help today. Switching our business energy provider was so easy with you and you found us a fantastic deal. Many thanks, Sandra Harwood."This review was posted by Sandra Harwood on the 31st of March 2020
great help in difficult times
"thank you Cheryl for your help today and sorting me a great deal under very different circumstances"This review was posted by Yvonne Fagan on the 30th of March 2020
Thank you Mark Street,
"Thank you Mark Street, Thank you for your swift and professional response to my inquiry and your friendly service."This review was posted by Anna Jensen on the 30th of March 2020
Thanks again Mark Weeks!
"As a result of such good service from Mark Weeks with a previous energy contract I came straight back for help with another and again, I could not fault the service."This review was posted by Lowther Farms on the 28th of March 2020
"Had brilliant service from Mark. Very polite, informative, brilliant service. Kept me informed every step of the way. Very smooth transition. Highly recommended. Thank you Mark, brilliant service."This review was posted by HILLs on the 27th of March 2020