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
By performing credit checks, business energy suppliers are able to determine whether you’re likely to be a dependable customer. If suppliers can ensure that you’ll pay your business gas and electricity bills, they are less likely to end up losing out financially.
Recovering money owed by customers can be a very long and difficult process for business energy suppliers so being able to avoid this is massively important to them.
There are a number of factors that can negatively impact your credit score, including:
Although these are the main areas that credit rating agencies analyse to determine your credit score, there are a number of other factors that will impact your business’s score. If you feel that your credit rating isn’t accurate, it would be massively beneficial to speak to the appropriate credit reference agency about this.
Having a poor credit rating can limit your choice of business energy suppliers as many providers are reluctant supply energy to these businesses. Certain business energy suppliers will accept customers with a poor credit rating, so long as one or more of the following actions occur:
Simply put, if you have a poor credit rating, it is likely that you will pay more for your business energy.
Your business’s poor credit score is not permanent and there are various methods for improving your rating and, in turn, possible business energy tariffs and suppliers. These include:
While you work on improving your credit score, your business will still require energy. Using our simple switching service, one of our energy-switching experts can help you find the best energy quotes no matter your business’s credit score. Click here to receive instant business energy quotes today!
Lorraine was fabulous
"Lorraine was fabulous, so helpful and professional. The team are dedicated, not pushy and it makes a refreshing change to speak with a company who actually want to help and make a real difference. Our business saved over £3000.00 per year moving from British gas so over the 3 years fixed was £9.5k … massive saving! Thank you and we wish you all the best!"This review was posted by Kendall Burton on the 23rd of October 2018
Mark Weeks and the rest of the team…
"Mark Weeks and the rest of the team were helpful and efficient, our switch has gone through smoothly. The deal was great too."This review was posted by Satinder on the 23rd of October 2018
Lorraine - Excellent experience dealing with you!
"I have been talking to Lorraine over the last couple of weeks about switching our gas/electric supplies. Lorraine was more than keen to help and went to a lot of trouble researching the best prices on the market for us. These were all confirmed by emails which allowed me to compare with our current supplier in a clear way. Ultimately our current supplier made an offer we felt was comparable to the best Lorraine had found and we decided to stay with them (B.Gas) but I am very grateful for all of the help she gave me - for no result as it happens. A pleasure dealing with you Lorraine!"This review was posted by Richard Weekley on the 22nd of October 2018
Honest brokers who will actually save you money!
"I dealt with a gentleman called Mark Weeks. He was extremely efficient, helpful and humerous. He saved me 6 pence per/k/hr, quite the saving when your annual bill is over £12,000. I will be using this service again for my water bill!"This review was posted by EDWARD Wickman on the 22nd of October 2018
Cheryl Sreenan delivered excellent…
"Cheryl Sreenan delivered excellent customer service, professional and polite but very natural with it - it's great to deal with someone who knows their job and cares about their customers. Great savings too and a quick switch which is always good. Will be looking to switch other businesses when they are out of contract."This review was posted by Jackie Reeves on the 22nd of October 2018