PowerExperts
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Save on your next business energy contract

Help with energy renewalsYour 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.

The A-Z guide to reducing your energy Bills

Which electricity contract is best?

Energy saving lightbulbThe market to supply commercial electricity is extremely competitive with all the 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 you find the cheapest deal.

Find out more

What about gas supplies?

Gas flameThe 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.

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Business energy tendering guide

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.

Step 1: Contract termination

Firstly, ensure your deal is due for renewal, you can terminate your contract in time, and change your terms.

Step 2: 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.

Step 3: Engage in advanced solutions

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%.

Step 4: 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.

What are some example prices for SME gas and electricity?

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:

Business energy example prices chart

Profile Fuel Usage Unit Price Standing Charge
03 SME Electric 16,000 kWh 8.50p/kWh 22p/day
04 SME Electric 28,000 kWh 9.10p/kWh 23p/day
03 SME Electric 7,400 kWh 11.20p/kWh 25p/day
03 SME Electric 9,600 kWh 10.50p/kWh 21p/day
06 SME Gas 22,000 kWh 2.72p/kWh 61p/day

Direct negotiation can also obtain lower prices.

The examples shown 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.

What affects the price I pay?

Although wholesale prices fluctuate on a daily basis, the energy companies usually keep their tariffs flat throughout the year. The following items influence the price you pay:

  • 1: The wholesale market moves by more than 10%.
  • 2: Demand for gas or electricity increases or decrease by 10%.
  • 3: The government introduces additional taxes to cover initiatives such as smart meters or environmental investment.
  • 4: Competitive pressure in the marketplace could affect rates.
  • 5: The UK region your business resides.
  • 6: Your meter type, rating, and structure.
  • 7: How much energy your business uses each year.

Tariff prices are usually lower during the summer months because demand on the National Grid is at its lowest.

How do I obtain the best energy deals?

Knowing the right time to strike a new price is key. You can either play the market yourself or use a specialist energy broker who has vast experience of how the industry works.

Each supplier operates a pricing matrix that adds up to thousands of permutations across the UK. Prices vary by meter type, region, and consumption. Renewal rates are always higher than new customer tariffs.

To get the lowest possible price for your unique circumstances, it's either best to use a broker or a comparison website that looks at the whole market for you. Both services are free of charge and usually impartial of any particular supplier.

All tariffs display a daily standing charge together with a unit cost for each kWh used. Added to this are various government levies and business VAT.