If your business is classed as a microbusiness, then you have certain protections when it comes to your business energy bills. Ofgem has set standards that help support and protect micro businesses.
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Is my business a microbusiness?
The UK’s energy regulator Ofgem says that you are classed as a micro business if:
- You have fewer than 10 employees
- You use less than 100,000 kWh of electricity per year
- You use less than 293,000 kWh of gas per year
- Your early turnover is no more than £2 million
Microbusiness energy protection
If your business is classed as a microbusiness by the above standards, then you have certain protections when it comes to your business energy bills. Ofgem has set standards that help support and protect micro businesses. When you sign a new contract with a client they are required to:
- Tell you the contract end date and the latest date you can give the notice to terminate your bill.
- Give you all the key terms of the contract before you agree to it
- Send you the contract terms and conditions within ten days including renewal terms for fixed plans.
When switching with us we will ensure your new supplier is meeting these terms for you through the business process. However, if you have any issues with how this has been done get in touch ad see what our energy experts can do for you.
How to compare energy deals
As a microbusiness you don’t want to be overspending on your energy bills, so keeping on top of them and finding a cheaper deal is important. By comparing energy deals and suppliers you could be saving hundreds for your business expenditure.