Commercial Electricity Tariffs

Commercial Electricity Tariffs

With the price of energy rising, you may have looked at your company's electricity bills and wished there was a way to cut down on this significant monthly outgoing. You may have considered switching supplier but dismissed the idea as unlikely to produce the kind of savings that would really make a difference to your company. How much variation can there really be between commercial electricity tariffs? Surely the cost of electricity is entirely dependant on the price of the fuels used to generate it -- mostly coal, oil and gas, expensive commodities that just keep going up in price.

This isn't the whole picture of energy in the UK, however. While the cost of electricity is obviously dependant to a degree on the price of the fuel used to generate it, there's considerable variation between the cost of different fuel sources. Coal, oil and gas aren't the whole story: electricity is also generated from nuclear power, as well as from sustainable sources such as wind farms or hydroelectric plants. This results in different costs to the supplier depending on the resources that they are using, meaning that one supplier may be charging more highly than another to offset costs. Companies that obtain their electricity from a variety of sources may have more attractive pricing than ones that are more closely wedded to a particular fuel source.

Many electricity suppliers generate their own electricity, especially big names like Npower or British Gas. Some suppliers also buy their electricity from elsewhere, however, allowing them to shop around for the cheapest deals and pass the savings onto you as lower commercial electricity tariffs.

Many electricity suppliers these days have other areas of business. British Gas, for example, supplies gas as well as electricity and also offers phone and broadband Internet services. A company with a lot of different income streams may be able to keep electricity costs down since it can make up the drop in income elsewhere.

Besides the costs of fuel, there are other factors affecting the tariffs that you pay. Smaller companies, especially companies that only serve a few regions rather than the whole of the UK, are often less well-known that larger ones. These suppliers may be more likely to offer reduced rates to win over new customers, as are newcomers to the energy market. Switching suppliers also means that you join your next supplier as a new customer. Many companies have special deals for new customers as a way of attracting people away from their existing suppliers and you can take advantage of these deals. A company that's rolling out a new product, such as a "green" energy tariff, may want to ensure a good initial uptake in order to make the product cost effective; you can benefit from such deals.

It's clear, then, that switching to a different electricity supplier can be a great way to cut your bills. Tracking down the most cost-effective energy solutions can seem like an arduous task, though. It's fairly easy to compare two or three big-name companies -- but what about all the smaller suppliers, the electricity resellers and regional companies? You may not even have heard of some smaller names and recent arrivals. For example, did you know that Telecom Plus may be able to offer you a good deal on electricity? There could be a dozen or more electricity supply options to sift through.

The good news is that you don't have to do any of this hard work yourself. You can obtain a quote within seconds, just by filling in our easy-to-use web form. We compare every single electricity supply option in the UK, from big names like E.ON, Npower and Atlantic Electric all the way down to smaller companies and regional suppliers that you might not otherwise have considered. We take up-to-the-minute information and automatically match it to the details you provide to ensure that our quotes are always the very best available. Why wait? Fill in your details now and find out how much you could save.