Energy News 16/06/2017
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Business gas rates vary depending on a variety of different factors such as whether you are in a contract, if you’ve rolled over or if you are renewing with your current supplier.
These rates are applied to customers who have gone past their current contract end date and not accepted their renewal prices or switched to another provider. If a business gas contract hasn’t been renewed, the supplier will charge out of contract rates, which are usually much higher than the business gas rates under a new contract.
If you’ve just moved into new business premises, you are likely on deemed rates. This type of contract applies when a business uses the current business gas supplier of new premises. If you’ve only just moved in you won’t be in a contract with anyone – you won’t have agreed to switch to a different supplier so you will be on ‘deemed rates’, so-called because you are ‘deemed’ to have automatically taken a contract with the current provider.
Business energy contracts are usually for a period of between one and three years. You should always keep track of when your contract is due to end because you may have a certain period of time in which you can switch to another tariff or provider. This switching window can be anything from 120 days before your contract end date to just 30 days before the end of the contract.
During this renewal period, you should receive a renewal letter which will tell you what your renewal prices will be. If you don’t do anything at this point then you could end up rolling over.
You may think that this is much easier and saves you time searching for new prices. But by simply rolling over into another contract with the same supplier, you could be wasting thousands of pounds a year. Often renewal rates are much higher than rates you could get by switching to another business gas provider, sometimes as much as 80% higher.
SwitchMyBusiness.com can help you find better renewal rates and, if you switch business gas suppliers with us, we’ll remind you when your contract is due for renewal. Even if you’re not yet a SwitchMyBusiness.com customer, tell us your renewal date and we’ll remind you when your contract is due for renewal and offer a free no-obligation business gas comparison.
If you haven’t compared business gas suppliers in a while, you might be surprised at how cheap business gas tariffs are. Some SMEs find that it is cheaper to pay a termination fee and change business gas supplier. Finding the best business gas is not always simple, though: commercial gas rates can depend on factors including location, consumption and contract length.
Our dedicated business gas experts can guide you through the minefield of commercial gas tariffs in just 20 minutes. We do all the hard work, including communicating with business energy suppliers so you can get on with running your company.
Our dedicated page has lots more information about business gas.
"Very easy. Bea Luseni very efficient & knowledgeable."This review was posted by Alan Duffy on the 31st of March 2017
Super helpful and easy to work with
"Recommend this company in a heartbeat - Nicole Borneuf was super easy to talk to, was not pushy in the slightest, very helpful and replied with all my questions very professionally and did all she could to help. I had to deal with a few companies to sort my business energy out, all but Nicole were too pushy for my liking and I refused to follow through with them. Thank Nicole - you are a credit to your company, thank you for making the stressful energy change so easy."This review was posted by Mia Drew on the 29th of March 2017
An Extremely Competent Company
"Switch my business has not only helped my SME secure a good energy deal for the second year running but Jessica swiftly found a alternative supplier for me when I was let down on the day of switching by the new contractual provider I had chosen some 4 months previously. Being suddenly out of contract and without provider is everyone's energy nightmare. Greatest thanks."This review was posted by S McMillan on the 29th of March 2017
Helpful, friendly and we saved lots of money!
"Jessica Purnell was helpful and friendly, she made the whole process easy and simple AND we saved lots of money thanks Jess"This review was posted by Melanie Baker on the 23rd of March 2017
Quick & Easy
"Kabibi was very helpful and the whole process was very efficient. The one small reservation I had was that I was phoned up by Kabibi almost immediately having received my online quote - which wasn't enough time for me to finish reading the quotes! Fortunately she was able to assist me in a greater savings on both Gas & Electricity, and so as long as the switchover is seamless I will remain very happy with the service."This review was posted by Amanda Brown on the 21st of March 2017