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Compare Business Electricity Prices
To make this a hassle free process for you and enable you to avoid all the trouble of sifting through tens of hundreds of suppliers, the team of specialists and our network of trusted industry partners make Online Energy your best option.
- Enter your address, business or postcode in the box
- Provide some extra details
- Get your prices!
Prefer to leave it to the experts? Get a bespoke quote instead.
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How to switch business electricity suppliers?
Business electricity prices can take effect on your business’s budget If you are not on the right contract. Luckily, we can help you find out how to get the best business electricity quote today.
Before switching to a better contract, you first need to ensure that you are doing a price comparison of different business electricity suppliers. This step of switching your contract could be daunting when it comes to researching on your own. However, we have a free price comparison tool that you can use to compare electricity prices from lots of different suppliers and find the best service for you today.
How to compare business electricity for the best business energy quotes?
When doing a business electricity price comparison, you need to consider several things such as:
- How long do you want to be on this contract?
- What price are you paying now?
- Which suppliers are offering the best prices in the market?
However, this information can take a while to go through if you do not have the procurement expertise within your business to do so. We have a dedicated team of energy experts here at online energy and we can find you the best business Electricity contracts that will fit your business needs and meet your usage demands. By providing us with some details we can retrieve several prices from our trusted suppliers within minutes.
How much does business electricity cost?
Your electricity prices could depend on many things such as:
- Business location
- Types of business
- Size of business
These factors will determine your electricity consumption. This is the amount of electricity that is used to run your business. This will be measured in kWh which will make up your unit rate. The other part of your bill will be made up by your standing charge.
Your business electricity bill will also be determined by things such as:
- Transmission costs
- Distribution costs
- Climate change levies
Why should you switch electricity suppliers?
When you get a new contract with an electricity supplier the rates will be the most competitive in the market which means it will be a lot slower than the supplier’s rates for a standard variable tariff which is what you will most likely be on if you have never compared electricity prices before or switched to a fixed-rate deal a while ago. By staying on this type of tariff you’re paying a lot more than you need to on your electricity bills.
Details needed to compare business electricity prices
A Business energy comparison doesn't have to be difficult. All we need from you is some information then our energy experts will do the leg work for you. The details we will need to find the best business energy tariffs are:
- Business address
- MPAN (this can be found on your latest electricity bill)
- Consumption (energy usage)
- Electricity Contract end date
- your current electricity supplier
If you don't have all the details we need, don't worry - we can still find your prices. The more information you can give us, the better we can compare business energy prices that are suitable for you.
Once you have provided us with your details, we will be able to do a business electricity comparison. We will find you the most suitable electricity contracts for your business.
We make sure you’re paying a fair and cheap unit rate. As well as ensuring we pick suppliers with the best customer service to take care of your business electricity needs.
We work with some of the biggest and best energy suppliers (UK)
- British Gas
- Scottish Power
- Crown Gas & Power
We only work with well-trusted electricity suppliers to make sure that our energy customers are getting the best prices possible for their business needs. We have strong connections with our electricity suppliers which means you could save money when switching through Online Energy.
What are the costs involved for business electricity rates?
Many different components can add to electricity prices such as location, usage, tariff type, current market state, and size of your business. However luckily for you, there are several things you can do to reduce the price of your electricity tariff such as:
- Reduce electricity usage - This could be ensuring everything that uses electricity is switched off when it is not in use. Such as lights, computers, monitors, or machinery. Just your lights alone can be responsible for 40% of your business electricity use.
- Educate staff - Make sure your employees know how much money it is costing the business to leave the lights or the monitors on. Also, try to help them become more eco-friendly around the office or workplace. This could help reduce electricity consumption and save money. Your employees are also domestic customers, this will not only save you money in the office but save everyone money on their energy bills which are causing many family issues at the moment.
- Do a business electricity supplier comparison - Making sure you are comparing and switching electricity suppliers when needed is important to see what deals there are in the business energy market to get the best energy deals possible.
Why should you switch electricity suppliers?
When you get a new contract with an electricity supplier the rates will be the most competitive in the market which means they will be a lot lower than the supplier’s rates for a standard variable tariff which is what you will most likely be on if you have never compared electricity prices before or you switched to a fixed-rate deal a while ago. By staying on this type of tariff you’re paying a lot more than you need to on your electricity bills.
What are the different tariff options for a business electricity supplier?
Business energy suppliers offer fixed-rate tariffs as well as flexible tariffs. Unlike domestic customers unfortunately business customers cannot opt for a dual fuel gas and electricity contract. However, you can negotiate your prices with energy companies for your business energy rates, which is why it is worth it to compare energy prices and suppliers. The different electricity tariff options could be:
Standard variable tariff
The price of this could be a lot higher than you need to be paying. Make sure to compare electricity prices to ensure you’re not paying over what you need to.
The cost of the unit of electricity is fixed for the length of your deal. Your bills will still fluctuate depending on how much electricity is used each month, but you won’t be affected by any changes in market prices.
With this type of contract your unit rate can increase or decrease depending on market activity. However, there is an element of risk with this type of contract as when demand spikes or supply falls short then your electricity prices are going to be affected.
Two rate tariffs
This could be an economy of 7 or 10 contracts. This type of contract will mean you pay a day rate and a night rate. The day rate will be slightly higher than a fixed rate price. However, your nightly rate will be significantly lower than your day rate, saving money overall if your business runs throughout the night.
The most popular type of business electricity tariffs
For most businesses that run just throughout the day the most popular type of tariff is fixed-rate tariffs. This is because the cost of electricity will stay the same throughout the length of your deal.
However, if you run a 24-hour business or a business that is open long hours you may consider having a two-rate tariff which will mean that you will pay less for your electricity in off-peak hours.
Why use Online Energy?
We work with some of the biggest energy suppliers in the UK which means that we can offer you some of the best electricity prices there are on the market. Due to our strong connection with UK suppliers, we can offer better prices than you might find by going elsewhere. Finally, by working with online energy all we need is your details and we can cover the rest. We contact your new suppliers and asset up your new contract which makes the transition smooth and stress-free for you.Compare Electricity Prices Now
Why not also compare business gas prices with us?
If you’re going to save money on your electricity contract with us why not also compare gas prices and see how much you can save today?Compare Gas Prices