Whatever industry your business operates in, it will rely on energy to either light and heat a workspace, or run essential equipment – so you’ll want to make sure your on the lowest rates possible, and the best way to do that is to compare business energy contracts and switch supplier at the end of your current deal.
The UKPower team are experts in business energy, and it’s our job to compare the market for the best business and domestic deals for our customers. Give our energy experts a call now on 0800 326 5517 to see how much your business could save.
Different businesses have different demands, and that’s why there are multiple energy tariffs - it all depends on the need. Securing the right energy deal for your business can reduce cost, bring your contracts into line with each other and allow you a more manageable hold on your utility bills.
There are 5 main types of energy bill. These are:
It doesn’t matter the size of your business, the aim is to get onto a fixed-term deal. Although business energy contracts might not feel important, they’re a good place to reduce your overheads with little effort.
If you’re currently on a deal that you’re not happy with, or you think you’re paying too much for your gas and electricity, compare prices online with us or give our experts a call on 0800 326 5517.
Business rates aren’t only there for large companies. Smaller businesses or sole traders can benefit too. Even if you work from home (which will usually mean you can define yourself as a microbusiness), you can still have a commercial tariff. If this is you, you can even profit from shorter notice periods and shorter cooling periods, not dissimilar to that of a domestic customer.
A microbusiness is defined by the European Commission (EC) as a venture with fewer than 10 employees and a turnover or balance sheet total of less than €2 million. In order to qualify for a microbusiness energy contract though, the criteria is slightly different, and your business must use less than 200,000 kWh of gas or 55,000 kWh of electricity a year.
There is one key figure that matters to an energy supplier when judging your eligibility for a commercial contract in your home. You must use around 50% of your home’s energy running your business to qualify. This might seem quite a lot, but simply using the lighting, power sources for computers and heating can push you towards and over that limit.
When you’re trying to calculate how much energy you use, do remember that estimating using for business electricity contracts shouldn’t reflect any appliances that would have been used regardless of whether you were home or not. We’re talking fridges and freezers, etc. This wouldn’t count towards what is classed as commercial use.
If you need help or advice on classification, then give our team of experts a call. They know these issues inside and out and are always willing to help.
There are specific parameters of classification for what energy companies define as a large business. If your company consumes more than 55,000 kWh of electricity per year, or more than 200,000 kWh of gas per year is considered large or industrial.
Of course, this is a large amount of energy. If you can reduce the cost per unit used even by a little, your overall overheads will plummet. Whether you’re looking for a new business gas contract, looking to reduce your electricity bill, or just looking for advice, we’re here to help. UKPower offers a completely free service to all customers, so why wait to give us a call? The sooner you ring, the sooner you can reduce your costs.