Business gas companies are those that hold a specific license to provide the commodity to end users, such as homes and shops. Businesses can be supplied by more than one company and it’s important to do your research before entering into any agreement long term. Businesses should make sure they conduct due diligence on all suppliers including potential discounts when compared with previous agreements or prices currently available.
When it comes to business gas contracts, there are a handful of different considerations to be made to ensure that you are making the right decisions for the business.
Businesses that fail to do this can end up with large annual costs and sometimes go on for decades. Business gas contracts usually have a fixed length of time and then incur an annual price rise so it’s important to make sure you are paying the lowest price possible before entering into any long term deal. Businesses may also find themselves paying extra for other services or contracts such as installation, maintenance and business energy audits.
In some cases, a business also has the potential to qualify for cashback incentives offered by suppliers; but again, it’s important to check that the terms of the contract don’t find you paying for anything else before signing up. Business gas prices can vary hugely which is why it can be useful to use business gas and electric comparison sites and brokers like us to find the cheapest business gas deal, one which is usually unavailable elsewhere.
Business gas contracts can last anything from a few months to several years and sometimes even longer. Businesses are also free to change suppliers as much as they want if they are not getting the deal and service they were promised – a large number of small businesses have benefited from switching suppliers, sometimes more than once. After 1 year into a contract, it is believed that your supplier is unable to offer you the same, cheaper deals that might be available to new customers. This is why we recommend regularly reviewing your contract and provider, and considering switching business gas and power when appropriate.
When we say “when appropriate”, we take into account that business gas contracts can last from one to five years. When you sign with your power supplier, it’s likely to be cheaper than if you shop around. But there are some drawbacks: You’re locked in for the duration of the contract and won’t get a better deal until then. If that doesn’t suit your business needs, don’t hesitate to change suppliers before signing on – there is no cooling-off period which means no penalty or hidden costs when changing providers at any time during your agreement
When making decisions about who will provide electricity supply services for our company we need to make sure they offer competitive rates without compromising quality service delivery; additionally their customer care should demonstrate compassion and understanding by providing live chat as well as other forms of contact options including voice mail where appropriate.
So, you work hard for your money and want to spend it wisely? That’s great! When signing up with one of these companies they often ask if there are any specific items that need energy. It is always helpful to be upfront about this because some providers will only offer the service in bulk packages which can get costly when all those years pass by without a change out date.
If you’re not paying less for Business Gas, you could be missing out on savings of up to £768* a year. Business gas is relatively expensive and can make up more than 50% of your monthly business energy bill, so you could save an overwhelming portion of your yearly expenditure by taking these steps towards a new supplier.
But what are the specific elements that make up the pricing of my business gas plan?
Well, within the business sector, in order to keep up with the high gas consumption demands, restaurants are found to be offered lower unit rates than other businesses.
Alongside this, you are asked to consider the size of your business, as well as the location. If you are in the centre of London and are a larger business, it is likely that you are using more gas than the small, family-owned shop around the corner, and therefore you will be charged more. Your gas usage and pricing is directly indicated by the unit rates in your area alongside the extent of your consumption. Find out more about this here.