What matters most to you when buying anything?
Is it the quality of the craftsmanship? The ease of purchase? Incredible salesmanship?
It’d be nice to say yes to any of these things.
But we humans care about one thing more than anything else. Money.
Saving money is on par of equal importance with gaining money – it is an incredibly strong guiding hand of consumer purchasing decisions.
The reality of the matter is that price holds the most influence over what we buy, when we buy, and how much we buy. All the other stuff is just an added bonus.
So, with this in mind, who is the cheapest gas supplier in the UK?
Influencers of price
There are around 60 different energy suppliers in the UK – it would be wonderfully simple if they all just offered one price for all of their customers from every walk of life. But they don’t.
Energy suppliers seem quite happy to have an incredibly complex pricing system to calculate how much individual customers should pay to the penny. All in the name of squeezing out all of the profit they can.
But what are the sort of things that influence the price of gas contracts?
- Location
- Consumption
- Date of Contract Start
- Broker Commission
- Standing Charges
- Unit Price
- Meter Costs
- Installation Costs
- Maintenance and Servicing
- ‘New Customer’ Status
The cheapest price (by circumstance, of course)
Your personal circumstances will play a huge part in who the cheapest energy supplier will be. Those in rural Wales will find the prices for gas entirely different to those in London.
We decided the best way to demonstrate the insanity that is the UK energy market is by concocting the table below. Using all of the data available to us and using real genuine prices, we have found the suppliers that are strongest in three main categories.
The table is divided into three sections: the supplier at hand, the area of dominance, and the description of the particular area they excel in. We’ve completed a search for a small business customer in London, and from the top ten cheapest gas suppliers found the strongest for each category.
| Supplier | Area of Dominance | Description |
| Dyce Energy | Annual Cost | This is the estimated total cost for the year. |
| Osso Gas | Unit Price | The price per unit of energy consumed. |
| Yorkshire Gas and Power | Standing Charge | Fixed cost per day of supply. |
Simple, right? Not really.
Luckily, we have access to supplier prices to analyse like this… Most customer don’t.
The only tool that comes close to being able to offer this type of insight is dedicated price comparison websites. This is why so many commercial customers turn to brokers for help.
A change to any single one of those variables underneath the table will result in an entirely different batch of prices to calculate.
Are smaller suppliers worth the risk?
What risk?
This idea that smaller suppliers are somehow ‘riskier’ than the big six is somewhat baseless.
The only thing that smaller suppliers are known for, is being significantly cheaper than the big six…
Figures from June 2019, Source: choose.co.uk
Smaller suppliers may actually offer the cheapest price for your business gas! It may seem a little fishy how small suppliers can beat the prices of vast national companies… But it’s not!
How do they manage these prices then?
- Much lower overhead costs
- Exempt from expensive obligations (Like the £140 Warm Home Discount)
Value added features
There is much more to finding the best gas contract for your business than just price these days. Because of the incredible competition in the marketplace now, it has opened the door for other features to think about. Some other thoughts to include in your decision-making process are:
- Payment method
- Type of plan
- Is green energy important to you
- Length of contract
- Exit fees and cancellations
Source: choose.co.uk
How to find the cheapest gas supplier, for you
The entire premise of this article is based on a slight trick question.
There really is no ‘cheapest’ gas supplier in the UK. It is circumstantial.
Plus, the only thing that really matters to customers is that they get the best price possible.
So, the original question should have been something more like ‘How do I find the cheapest gas supplier?’
The best way to be certain you are getting a great deal on your business gas is to head to –
www.energybrokers.co.uk/gas/procurement
With over twenty years of experience in energy procurement, Energy Solutions are wonderfully situated to provide the market insight that customers crave.
Get in contact today, to see how much money you could save on your next gas contract!
Google Snippets
How to find cheapest gas?
The best method to finding the cheapest gas contract is to contact an energy broker or energy procurement expert. Price comparison sites are great, but do not compare to the market knowledge of brokers.
Cheapest gas UK?
Due to the incredible variability of gas contract prices in the UK, there can’t really be said to be a ‘cheapest’ supplier. It is worth contacting a broker to assess the cheapest gas contract for your business.
Who is cheapest gas supplier UK?
There is no one cheapest gas supplier in the UK unfortunately. Price varies massively by customer, so it is worth speaking to a broker to find out what contract is best for you.