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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, 9.8 / 10

Very helpful & straight forward

"Ian Howell was excellent, help me find a good deal and the process was very smoth."

This review was posted by Sam on the 17th of October 2017

Nicole Borneuf contacted me by e mail

"Nicole Borneuf contacted me by e mail. Didn't keep bothering me. Happy to recommend"

This review was posted by Mr Gareth Wigdahl on the 16th of October 2017

Good clear advice and saved me money …

"Good clear advice and saved me money without any pressure thanks Bhavni"

This review was posted by Sam Weston on the 16th of October 2017

Excellent advice from Ian

"Excellent advice from Ian"

This review was posted by Steve Tunnicliffe on the 13th of October 2017

Switching Suppliers can be really …

"Switching Suppliers can be really stressful, but luckily Bhavni was assigned to me. She really helped break everything down and made everything simple. Amazing member of staff for Switchmybusiness.com Due to Her helpfulness I will be returning to switchmybusiness.com again in the future."

This review was posted by Dean on the 12th of October 2017