If there is one thing that the energy industry is known for – it is being bloody difficult to understand.
There seems to be more jargon, hidden fees, shady brokers, and weird rules than you can shake a stick at. There are millions spent on fancy advertising campaigns, hours spent on public relations, and departments set up with only one intention in mind – getting you, the customer, to sign their supply contract.
But all of this kind of misses the point.
Unless you are looking for a specific product type (green gas, for example) to meet your business needs – there is only one metric that counts. It’s how much you have to pay for your energy!
It amazes me that there has not been more emphasis on this factor – if a company can supply the cheapest energy in the UK, it would be my first port of call when finding a supplier.
The Variability of Price
But, as we will all find out at some point during our adult life, nothing is ever simple when dealing with energy suppliers…
There are around 60 different energy suppliers that provide gas and electricity across the UK. Each of these suppliers will calculate the prices they offer to customers differently. We have created a non-exhaustive list of some of the lesser-known factors that affect pricing:
- Location
- Consumption
- Date of Contract Start
- Broker Commission
- Standing Charges
- Unit Price
- Meter Costs
- Installation Costs
- Maintenance and Servicing
- ‘New Customer’ Status
The Cheapest Prices, by circumstance
As you can probably tell by now, personal circumstance plays a huge part in which energy contract is the cheapest for you.
In order to demonstrate the utter insanity that is energy contract pricing, we have concocted the table below. Using all of the data available to us we have calculated (using real, genuine prices) which supplier offers the best prices in three main categories.
We have split up the table into three sections: The supplier at hand, the particular area of dominance, and the description of the charge.
| Supplier | Area of Dominance | Description |
| EDF Energy Online | Annual Cost | This is the estimated total cost for the year. |
| EDF Energy Online | Unit Price | The price per unit of energy consumed. |
| Utilita Energy | Standing Charge | Fixed cost per day of supply. |
| Based on a small business in London with AQ of 75,000 kWh, paying by DD, single rate 03 meter, and start date of 1/6/21. |
Simple, right? Not really.
Luckily, we have access to supplier prices to analyse like this… You don’t. The only tool that comes close to being able to offer this type of insight is dedicated price comparison websites.
A change to any single one of those variables underneath the table will result in an entirely different batch of prices to calculate.
Now the scale of the problem becomes apparent.
The Big Six – All bark, No Bite
Although they may be the biggest suppliers in the UK – this does not mean they are the cheapest. Due to the incredible power and market share that these companies hold, this is how the narrative of ‘bigger is better’ is perpetuated.
When it comes to energy, however, size isn’t everything.
Recently, smaller suppliers have found reasonable success by offering their supply at much lower prices
The Only Way to Guarantee the Cheapest Energy
It may seem like a little bit of a strange way to finish this article – but seriously, don’t waste your money or time looking for the cheapest deal.
This way of thinking doesn’t really work when looking for energy contracts for your business.
As we have already covered, there are so many factors that come into play when calculating your monthly billing. It’s not just things that you can control like consumption, but also silly little things like your postcode or the month of the year you are looking to sign a contract…
This ultimately means that you have a snowman’s chance in hell of ever finding the cheapest contract.
So, just give up and sign the first contract you stumble across, right?
No! Speak to Energy Solutions.
Energy Solutions – Snowman Specialists
I really like the Snowman metaphor, so we’re keeping it going. Deal with it.
Back to the point at hand – there is really only one way that you will be able to truly find the cheapest energy contract available, and that is to sit back and relax while Energy Solutions do all the work.
Unless you are willing to commit the many hours it takes to understand even the simplest of pricing matrixes, of course.
Energy Solutions have over twenty years worth of energy procurement experience, which has resulted in a few competitive advantages over competitors:
- Incredible prices: Twenty years of building partnerships with suppliers = exclusive prices.
- Peace of Mind: For the entire lifetime of your contract, we will validate all bills and invoices sent to you. Always pay what you are supposed to.
- Personal Advisors: Ever unsure about something? We’re there to help.
- Dedicated Brokers: Our business is finding the best prices for customers, it is what we do.
- Knowledge Source: The energy market is forever changing due to legislation and taxes – we will tell you what this means for your business, before it happens.
- Transparency: We aim to break the mould on how brokers operate. We spend a fair chunk of time preparing informative articles to save our customers money.
The best way to be certain you’re getting a great deal on your business electricity is to contact Energy Solutions today!
Contact us in the following ways to receive a quote – we look forward to hearing from you!
Our website: www.energybrokers.co.uk
Our phone number: 0131 610 1688
Our E-mail: nick@energybrokers.co.uk
Google Snippets
Who has the cheapest gas for businesses?
Who has the cheapest electricity for business?
There is no way of telling who can offer the cheapest gas for your business without first telling us a little about your circumstance – get in touch now and we will provide a comprehensive quote for you.
How to find the cheapest gas for business?
It is difficult to complete this research yourself. The simplest way is to contact an energy procurement specialist like www.energybrokers.co.uk
How to find the cheapest electricity for business?
It is difficult to complete this research yourself. The simplest way is to contact an energy procurement specialist like www.energybrokers.co.uk
How to get cheap energy?
How to get cheap electricity?
If you are prepared to complete extensive market research, then simply contact as many suppliers as possible to receive quotes. Or, contact an energy procurement specialist to do this for you.
How to get cheap gas?
If you are prepared to complete extensive market research, then simply contact as many suppliers as possible to receive quotes. Or, contact an energy procurement specialist to do this for you.
For more information about this post and how Energy Solutions can help with your Electricity, Gas, or Water, click on the links, or check out the contact details at the bottom of the page.