Save on your next business energy contract
Your current energy contract is coming to an end, and you've received your renewal letter increasing your prices by 45%. Does this sound familiar? Let PowerExperts help reduce your costs.
Most business customers don't feel that managing energy bills is a priority. However, with the average invoice for SMEs at £2,600 per year, even small savings start to add up.
We help all types of companies in the UK. Our experts source prices from a range of trusted suppliers then arrange the switch on your behalf.
Which electricity contract is best?
The market to supply electricity is extremely competitive with all energy companies competing aggressively for your business.
Whether you have a small shop, required half hourly tendering, or need multi-site quotes, we can help. Simply complete our online quotation form to compare the latest prices.
Read more about electricity rates »
What about gas supplies?
The extensive PowerExperts gas panel ensures your business gets access to the whole market, not just the household names.
Combining electricity and gas together as a dual fuel contract could provide further discounts. We also offer bespoke pricing for larger users of gas using real-time market data.
Read more about our gas products »
The fastest method to find market leading kWh prices is to get an online quote. You can undertake this in one of three ways, and it only takes 10 minutes of your time each year. You could save your business thousands of pounds per year by investing your time into comparing prices. Large corporations could see substantial savings from changing to an alternative supplier.
Firstly, ensure your deal is due for renewal, you can terminate your contract in time, and change your terms.
Switch your business
Almost all commercial contracts have fixed prices for at least one year. If you don't switch your contract, it will roll over automatically for a further 12 months. Your unit rates will increase by 50%-70% then tie your business into these higher prices for another year.
PowerExperts also offer group buying opportunities for larger commercial users. We combine several companies together when tendering which can reduce the unit costs by a further 10%.
Renewal reminder service
Ensure you never miss out on your renewal options again by using our free reminder service. Ask our customer services team when you call.
To avoid unnecessary spending, simply log on to PowerExperts.co.uk. We present no-obligation quotes based on your consumption data, your meter type and the UK region in which you reside. Prices are different across the country so may vary between similar industries by location.
The volatile nature of the energy market ensures businesses could get vastly different pricing depending on the time of year. During the winter, rates are usually higher than the summer months because of wholesale pricing fluctuations. On average we can achieve the following prices:
- A 03 electric meter with a consumption of 16,000 kWh per year got a unit price of 8.50p/kWh with a daily standing charge of 22p/day.
- A 04 electric meter using 28,000 kWh per year has a unit price of 9.10p/kWh and a standing charge of 23p/day.
- Gas meters using an average 20,000 kWh per year could get a unit price of 2.5p/kWh with a standing charge of 60p/day.
Direct negotiation can also obtain lower prices. The examples shown above are for one-year contracts. Higher rates are charged for rollover contracts if you let your contract renew automatically. If you terminate your contract but forget to renew, then you're charged "out of contract" rates that are at least 120% higher than standard tariffs.
Timing is essential in the energy market. Once you're in a new contract, you can't cancel during the term of the agreement.
Page last updated: 25th May 2016