Business Energy Suppliers Guide
Looking for the best business energy supplier? It doesn't have to be hard. We work with many trusted business energy suppliers to help you find good prices for gas and electricity.
We've pulled together some easy-to-understand tips below to help you pick the right supplier.
Want to see how much you could save? Just use our tool to compare prices from reliable suppliers.
Find Your Next Business Energy Supplier From Our Panel of Trusted Suppliers
Who Are The Largest Business Energy Suppliers?
When choosing a large business energy supplier, you will typically find familiar names like:
- British Gas
- EDF Energy
- E.ON
- Npower Business Solutions
- Shell Energy
These suppliers often handle a large portion of the market, offering various tariffs and services tailored to different business needs.
However, there are more than a few specialised suppliers that offer niche solutions and competitive rates like:
- Drax
- Crown Gas & Power
- Yü Energy
- SmartestEnergy
How To Compare Business Energy Suppliers
Comparing business energy suppliers effectively is crucial for securing the best deal. Here’s our streamlined three-step process:
1. Fill in your business details
Provide accurate information about your business, including your location, business type, and estimated energy consumption. Accurate information gives you the most accurate quotes
2. View prices and tariff options
Once your details are entered, we will check your meter type and either give you a list of online prices or an option for us to contact you with matrix pricing from our suppliers. You might also be entered into a tendering process where our supplier panel can offer you their best price to win your custom.
3. Choose the supplier that best suits your needs
Consider factors beyond just pricing, such as customer service, renewable energy options, and contract flexibility, and we will handle the rest of the process from there, including transferring you over from your previous supplier.
How Do I Switch To A Different Business Energy Supplier?
Switching business energy suppliers is a straightforward process. Once you’ve selected your preferred supplier and tariff, our experts will:
- Prepare a Letter of Authority (LOA) - This document grants us authority to act on your behalf during the switching process.
- Send the LOA for your signature - simply sign and return the LOA, and we’ll handle the rest.
- Manage the switching process - We’ll coordinate with your current and new suppliers to ensure a smooth transition, minimising any disruption to your business operations.
Can My Business Energy Supplier Stop My Switch?
In most cases, your business energy supplier cannot prevent you from switching. However, they may object if you have any outstanding debts or unpaid bills, if you are in breach of your current contract terms, or if any metering issues need to be resolved.
Ensuring your account is up to date and complying with your contract terms will minimise the risk of any issues during the switching process.
What Do I Do If My Business Energy Supplier Has Gone Bust?
If your business energy supplier ceases trading, don’t worry. Ofgem, the energy regulator, has established a process to protect customers.
Firstly, Ofgem will appoint a Supplier of Last Resort (SoLR), this means that a chosen supplier will automatically take over your energy supplier to ensure continuity. Your energy supplier will continue uninterrupted and you won’t experience any power outages.
You may be placed on a deemed contract, which means that your SoLR has put you on a temporary contract with higher rates.
Despite being moved to a new supplier, you can shop for a new energy supplier that better suits your business needs.
Ofgem prioritises protecting customers during supplier failures, ensuring a seamless transition to a new provider.