Business Electricity Suppliers

Finding a dependable and cost-effective business electricity supplier is not just a matter of convenience but a strategic essential for all businesses. The consequences of receiving an erratic supply and facing exorbitant charges for energy usage can be detrimental to a company’s financial health. Then there is the considersation of sustainable energy and the responsiblity being put on companies to be greener thinking in their energy use.

There have been so many changes in the energy supplier market in the last few years, it is hard to keep track of who is doing what and deciding who to choose as a supplier has become a minefield.

That is where using a business electric consultant like Business Electric can help. We are across the latest industry news, changes, special offers and customer service reviews.

When we retrieve quotes for a commercial energy supply, we take into account the reliability, customer service and tariff cost of each provider. This allows you to look at the quotes with confidence, knowing that each supplier has been vetted and offers a great level of service.

With all of this information at your fingertips, you can make an informed decision for your business.

The Importance of a Reliable Energy Supply

A reliable stream of energy is the lifeblood of any business or commercial property. Interruptions or fluctuations in the power supply can disrupt operations, leading to downtime, loss of productivity, and potential damage to equipment. The financial ramifications of such disruptions underscore the critical importance of choosing a business electricity supplier that guarantees a stable and dependable energy supply.

Understanding the energy needs of your business is the first step in ensuring a reliable supply. Conducting an energy audit can help identify patterns of usage, peak demand periods, and potential areas for energy efficiency improvements. Armed with this information, businesses can communicate their specific requirements to potential suppliers, ensuring a more tailored and effective energy solution.

Comprehensive Evaluation of Quotes

When seeking a commercial energy supply, the process begins with the retrieval of quotes from various providers. However, it’s not merely about comparing the numbers. A thorough evaluation involves considering the reliability, customer service, and tariff costs of each provider. Reliability ensures a consistent energy supply, customer service addresses potential issues promptly, and competitive tariff costs contribute to cost-effectiveness.

Reliability goes beyond the capacity to provide a steady stream of electricity. It encompasses factors such as the provider’s track record in responding to outages, the resilience of their infrastructure, and their commitment to preventive maintenance. Customer service becomes a crucial aspect during unexpected events, and businesses should prioritise suppliers with responsive and efficient customer support.

Tariff costs, while significant, should not be the sole determining factor. Understanding the nuances of the tariff structure, including any hidden fees or peak hour charges, is vital. Some suppliers offer flexible tariffs that can align with a business’s operational schedule, potentially providing cost savings during off-peak hours.

Businesses should approach the quote retrieval process with a discerning eye, ensuring that each supplier has been vetted comprehensively. This meticulous assessment instils confidence in the quotes received, knowing that the chosen supplier not only meets the basic criteria but also offers a superior level of service.

The Big Six

Often mentioned in the realm of business energy providers is the group known as “the Big Six.” This collective term encompasses companies that stand out as the oldest and most well-established providers in the UK energy market.  The historical “Big Six” have been E-ON, nPower, British Gas, SSE, Scottish Power, and EDF Energy.

But nPower have been taken over by E.ON and OVO Energy have taken over SSE. Octopus took over Shell Energy at the end of last year along with several struggling smaller energy companies, so that begs the question of where they now sit in the pecking order?

nPower and SSE still have their own branding, but all of these changes have completed changed the energy supplier landscape and the dominance of the traditional Big Six is no more.

While some of these names still hold significant market share, there are also some lesser-known emerging names in the energy marketing that should be considered alongside the old guard.

Octopus Energy, Opus Energy,  OVO Energy and Ecotricity are now being talked about in the Top 10 energy suppliers in the UK and should be ones to take into consideration alongside the other six.

Understanding the evolving dynamics of the energy market is crucial for businesses navigating the complex landscape of electricity suppliers. The industry is undergoing a notable shift towards sustainability and renewable energy sources. Many providers now offer green energy solutions, allowing businesses to contribute to environmental conservation while meeting their energy demands.

As businesses consider their long-term energy strategies, exploring these sustainable options can align with corporate social responsibility initiatives and position the company as environmentally conscious. Renewable energy sources, such as wind or solar power, not only contribute to a reduced carbon footprint but can also provide long-term cost stability as the technology continues to advance.

It’s advisable for businesses to engage with energy providers who demonstrate a commitment to sustainability. Enquiring about their renewable energy offerings, participation in carbon offset programs, and adherence to environmental certifications can guide businesses towards making choices that align with their values and contribute to a greener future.

Flexibility in Provider Selection

The business energy market is dynamic, with numerous alternative providers offering competitive solutions. Exploring beyond the established giants can unveil options that cater specifically to a business’s unique needs, potentially providing more personalised services or cost-effective solutions.

Businesses should leverage their purchasing power and explore various providers to find the best fit for their operations. By diversifying options and considering newer entrants, companies can stay agile in an ever-changing market.

Smaller, more nimble providers might offer greater flexibility in contract terms, personalised service, and the ability to adapt to the unique demands of a particular industry.

Plus, it is crucial for businesses to be proactive in negotiating contracts. Energy providers may be willing to customise packages, offer additional services, or provide discounts based on the volume of energy consumption. Establishing a strong partnership with a supplier through open communication and negotiation can lead to a more beneficial and cost-effective arrangement.

While the Big Six supplier landscape very different now, businesses should embrace flexibility in their approach to energy procurement. Exploring alternative providers and sustainable energy solutions not only ensures cost-effectiveness, but also positions the business as a responsible corporate entity in the modern, environmentally conscious landscape.

As the energy market continues to evolve, businesses that remain adaptable and informed will thrive in ensuring a reliable and sustainable energy supply for years to come.

Changing supplier

There is a lot of work that goes in to ensuring a change in energy supplier is the right move for a business. If you’re unhappy with the current energy supply that your business’ property has, you may want to consider changing the business energy supplier that you’re with. You don’t have to worry about all of the above. Be rest assured that we take into consideration all of the key points above and our team of energy experts are able to do all of the legwork of finding a new and suitable tariff for you. In fact, our previous customers have reported that they’ve saved more than half a day by using our service; time that can be better-spent elsewhere.

We’re completely impartial and will never push you into one of the business electricity suppliers that we retrieve quotes from. This means that the choice is completely yours – we’re just here to help make the process easier.

To make the switch today and have a look at what you could be saving, head over to our comparison tool. We save our average customer 60% on their annual electricity and heating bills, and you could be next in line to see the savings yourself.