Which Way to Switch Business Electricity?
Confused by all the different tariffs and rules that apply to business electricity contracts? Here’s some help… The rates that suppliers charge small businesses for electricity can vary massively. It’s not unusual for one shop to be paying three times the rate as the building next door. The cheapest rate we’ve seen this year is seven pence per unit (Sheffield engineering business) and the highest is 32p (hotel in Scotland). One thing is for certain though… longstanding electricity customers are charged far more than new customers, so it makes sense to switch regularly. Small Print However suppliers don’t make it easy for businesses to switch because, frankly, they don’t want you to! Each supplier has different – and complex – rules about serving notice. The average length of the Terms and Conditions of the ‘Big 6’ energy suppliers is 5,500 words and buried somewhere in the small print is how and when they will allow you to serve notice during a ‘renewal window’. The renewal windows
