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Switching just got simpler for micro businesses


  • 45% of micro businesses are stuck on expensive deals
  • New regulations from the CMA will make it easier for these businesses to cut their energy bills
  • Micro businesses have been shown to be the most disengaged business energy consumers
  • The CMA believes that the regulations could lead to ‘significant’ savings

A 2 year investigation into the energy market by the Competition and Markets Authority (CMA) has resulted in a series of regulations, which came into force this week.

The report found that suppliers were making it difficult for micro businesses to get value for money on their energy bills. A combination of lack of available information, poor communication, and costly exit fees had left almost half of micro businesses on notoriously expensive out of contract rates.

The CMA has suggested a number of measures, which suppliers must comply with, to make switching easier. These include:

  • Suppliers must clearly state their prices online or include a list to a price comparison website
  • Micro businesses will be able to leave auto rollover (out of contract) tariffs without incurring an exit fee
  • Suppliers will have to display their out of contract rates on their websites – so that users can easily see how much money they could be saving

The news has been welcomed by Ofgem. Dermot Nolan, Ofgem’s chief executive said:

“This is a big change in the way the market works. Micro businesses will also be able to leave more expensive auto-rollover default tariffs without paying an exit fee, freeing them to switch to a better deal.”

At Switch My Business we’ll compare the whole market for you, from the big six to small boutique suppliers. What’s more, we’re independent, so we won’t give you the hard-sell.

Call 0800 411 8830 for a free quote, or use our online quote form.

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Excellent, 9.7 / 10

thank you nicole for your kind help to…

"thank you nicole for your kind help to set up my business electric account fantastic service and your personal touch thank you"

This review was posted by Sam Raju on the 19th of February 2018

Aaron Gallagher recently helped me…

"Aaron Gallagher recently helped me switch the gas and electricity supply for our business. He was extremely helpful and well informed which was great for me as I know nothing in this area! He saved us a small fortune and dealt with all of the switch for us which again was extremely helpful as it wasn't completely straightforward. Thanks again for you help Aaron, it was so appreciated."

This review was posted by Rachel on the 17th of February 2018

A better deal for our Village Hall

"I recently used this company to get a better energy deal for our local village hall. Other companies were quite pushy but Lorraine and Bhavni from SwitchMyBusiness were much more professional. They sent me useful information by email enabling me and the village hall committee to make a decision about which supplier to use. The switch was done by phone and when the energy provider sent the paper work to the wrong address Bhavni sorted it out straight away. I saved over £1000 for the charity."

This review was posted by Irene Winter on the 16th of February 2018

Good Service

"Lorraine was great and very helpful. We negotiated and received a good deal on our supply."

This review was posted by Edwina Nash on the 16th of February 2018

The SME Personal Switcher

"The SME Personal Switcher, Lorraine Carey was really helpful."

This review was posted by Cross Fabrications on the 16th of February 2018