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Business energy deals
Tired of Overpaying for Energy? Ready to Empower Your Business?
Compare exclusive business energy deals within 60 seconds. We work with a panel of trusted suppliers, so you can switch with confidence.
We are happy that more businesses are choosing to save with
us.
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Join the early adopters making the switch.
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Helping UK firms discover potential savings.
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Explore our online discounts.
Switching is a walk in the park when you work with us.
Compare
In 60 seconds, you can compare the top deals
on the
market online.
Switch
You have the option of switching online or
over the
phone. For the record, we've completed over 300,000 transfers.
Save
To date, we've helped British businesses
save over
£92 million.
Enabling businesses in the UK to save on their business energy
bills.
Energy is important for the proper operation of any business.
Despite
this,
many businesses are stuck on high-cost energy plans that don’t meet their
demands.
The good news is that comparing business energy rates and
finding a
better
deal can be done quickly and easily online or over the phone.
Switch Squid has formed solid relationships with reputable
business
energy
providers, allowing you to take advantage of top-notch energy deals right
away.
We’ve helped several clients save money on their business
energy costs
since
2007, by assisting them in switching to more cost-effective gas and electricity
rates.
It’s one
of the reasons we’ve risen as a top-tier energy comparison services provider for
businesses in
the UK.
Whether you manage a small to medium-sized firm, a major
multinational
organization, or a start-up, you can start saving money on your business energy
bills
immediately by switching to a better deal with Switch Squid.
Why wait to compare business energy rates when a typical Switch
Squid
customer can save more than £1,067?
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With our help, over 358,105 clients have been able to switch
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With our help, customers save over £100 million
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A typical client saves more than £1,067 on average
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We negotiate with the supplier on your behalf.
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All business clients are given a dedicated Account Manager
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Existing customers receive exclusive deals.
As of April 2021, 358,105 consumers had switched, saving £100
million.
Switch Squid has saved clients an average of £1,067 each switch since its debut. This
information was gathered on July 1, 2021.
Annually, the average electricity bill for an SME is £2,400. (With a
consumption below 50,000kWh).
Switching your business energy provider is so much easier
now!
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Get instant quotations: Simply input your postcode and energy usage patterns to get a customized comparison of the best gas and electricity deals available in your area.
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It’s simple: With our top-notch comparison engine, we do all the rigorous work for you and determine your results for a quick, accurate, and reassuring market comparison.
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There is no stress involved: Simply choose the best deal for you and confirm your move. We’ll contact your suppliers and take care of the switching procedure for you, making it as easy as possible.
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Exceptional client service: Throughout the switching process, we’ll keep you informed and you’ll be able to keep track of every step in the process.
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Fully managed accounts – You’ll be assigned a personal Account Manager who will manage your account during the entire process; from switch to renewal.
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We are big on savings. With Switch Squid, you can enjoy huge savings on your business and never spend too much again!
See how much you could save on your energy
bills...
Why your firm should change its energy provider
If you haven’t moved from one business energy supplier to another in recent years,
or if you
have never changed at all, you’ve probably been ‘rolled over’ to a more expensive
charge.
This will most likely result in you overpaying for your company’s energy.
Switch Squid can help you locate the best energy tariffs for your business by
comparing
business energy prices. We use our experience and technology to assist you in
swiftly and
easily switching to the best business energy rates.
OUR BEST ADVICE
Don’t think that switching providers will bring you
a
better bargain! Over 55% of Switch Squid clients keep their current supplier
while still
saving money.
How to go from a more expensive company energy plan to a
cost-effective
one
Most business owners believe they do not have time to change energy
providers,
which is understandable. Since we know we how hectic their schedules are, Switch Squid
has made
comparing business energy quotes as easy and quick as possible.
When you decide to do business with us, you will save time by not
having to go
from supplier to supplier asking for energy estimates to obtain the best rates. You can
find top
energy deals on the market right away by giving us some information about your
business.
Before you begin comparing business energy prices, figure out when
your
current contract is set to end. This will inform you when your 6-month renewal period
begins.
When your current energy contract or bill is up for renewal, it should be explicitly
stated.
Our 3-step process will guide you in determining a good rate if
you’re set
to change business energy.
Step 01
Complete our simple comparison
engine
Fill out our simple comparison tool. By
simply
entering your postcode, selecting the fuel you’d like to compare, and
completing a
few contact details, you can now compare the newest business energy tariffs
with
Switch Squid.
Step 02
Choose the deal that’s right for
you
Select the best deal for you. We’ll present
you with
the most competitive energy tariffs on the market, allowing you to select
the best
option for your company. You can purchase online or speak with one of our
knowledgeable advisors over the phone.
Step 03
Relax and save!
Once you’ve found a terrific deal for your
company,
we’ll handle all of the talks with your new and old suppliers to make the
transition
as seamless as possible.
Suppliers for business energy
In the UK, there are presently over 50 business energy suppliers
offering a
variety of benefits and services to consumers.
While getting a good bargain is crucial, it shouldn’t be your sole
concern
when switching energy providers. You’ll need to find a service provider who can meet
your
company’s specific requirements.
Many companies stick with their original supplier or one they switched
to
several years ago. Unfortunately, loyalty is rarely rewarded in the energy market. In
most
circumstances, new consumers will have access to the best prices offered by an energy
provider.
You can get the best offers from our recommended providers when you
compare
business energy suppliers with Switch Squid.
Selecting an energy provider for your business
Switch Squid has enabled companies of different sizes to select the
leading
business energy provider for their needs.
With our diverse selection of suppliers and tariffs, you can rest
assured that
you will obtain the best business energy price without having to waste time looking
around.
The six major energy providers for businesses
The main six energy suppliers are well-known to most people. Despite rising
competition,
the big six continue to dominate the domestic and non-domestic properties.
The major six energy suppliers are frequently viewed as the best options when it
comes
to switching suppliers for business energy because they are organized and
notable firms.
Independent business energy providers
Independent suppliers play a significant part in the business energy sector,
which has a
diverse pool of suppliers.
Because the market caters to a wide range of business sizes and types, many
independent
suppliers are focusing on particular needs. Examples include gas-only providers,
large-business suppliers, and renewable energy providers.
Green business energy providers
Green business energy suppliers provide renewable energy rates. In recent years,
the
number of energy companies offering green energy solutions to businesses has
significantly increased.
Wind, solar, and water are the major sources of renewable energy sources used to
generate electricity. Any non-renewable energy consumed is neutralized by
investing in
environmental projects.
Best rated business energy providers
When it comes to identifying suppliers for your entity’s energy, it’s important
to
examine more than just the price. Your new supplier must provide great customer
service.
Switch Squid provides information about all its suppliers, as well as supplier
ratings
based on accumulated reviews from Google-approved review partners.
What is the average cost of energy for a business?
Switch Squid leverages its industry expertise and long-standing
partnerships
with energy suppliers to provide you with the best offers on the market, hence
minimizing your
company’s energy costs.
Nevertheless, several firms are unaware of how much they should be
spending on
gas and electricity. This can result in entities spending substantially more on energy
than they
need to, leading to an increase in unnecessary costs.
Calculating business energy plans
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Customer’s location
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Size of business premises
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Customer’s current energy provider
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Customer’s current business expenditure
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Customer’s current kWh unit consumption and your standing charges
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The type of meter which the customer has (economy 7, standard, maximum demand, or half-hourly).
When you ask for business energy offers, all these criteria will
be taken
into account. You will be presented with several energy comparisons based on this
information, which
will provide you with details on:
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The unit rate during the day (kWh)
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The unit rate during the night
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Customer’s current energy provider
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standing charge i.e. a flat rate you have to pay for energy, regardless of how much you use
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Fixed-term period (where applicable)
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The forecasted yearly bill
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The forecasted monthly bill
Saving money on your business’s energy bills can be as simple as
following
these guidelines.
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Opt for energy-saving LED or CFL bulbs
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Start using light sensor switches
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Do not leave computers and laptops on standby, turn them off instead
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Put in place a temperature control to minimize heating costs
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Consider investing in a business energy audit
What are the different tariff types in the energy industry?
Business energy rates explained
The rates of your business energy will comprise of two major
charges:
Price per kilowatt hour (kWh) and standing charges.
Kilowatt-hour (kWh)
Energy companies use the kilowatt-hour (kWh) as a unit of
measurement
to determine how much energy they use per hour. Therefore, if you aim at getting
the
best offer when comparing energy rates, knowing how much you’re paying for
energy per
hour is a good place to start.
The amount of energy you use will be determined by the size of
your
company and the nature of your work.
For instance, a small business (one with 1 to 9 employees)
consumes
between 5,000 and 15,000 kWh per year, which is not much more than the average
UK
household. This equates to approximately 25 kWh every day.
The level of consumption differs for every type of industry.
Whereas
small and medium-sized firms can consume up to 65,000 kWh per year, large
businesses,
such as factories, can use up to 20 million kWh per year! That’s why it’s
necessary to
evaluate all your options and ensure you’re receiving the best value
possible.
Plusnet Mastercard or prepaid debit card
A standing charge is a daily rate charged by an energy company
for the
cost of maintaining your property on the energy network.
Regardless of how much energy you consume on any given day,
you will
be charged a standing fee.
Businesses that operate seasonally or only consume energy a
few days a
week are offered a no-standing-charge tariff, which can reduce their standing
charge to
zero in exchange for a somewhat higher price per kWh.
Energy tariff for your business
When comparing corporate energy, it’s necessary to understand
which
tariff type would best meet your company’s demands.
The best tariff for you will be determined by the nature of
your
business operations, means of payment for your energy, and the type of energy
you want
to consume.
Some of the most popular tariff types are listed
below:
This type of business energy tariff implies that you’ll pay a
fixed
amount of money regardless of how much energy you consume (per kWh unit).
Businesses usually opt for this type of tariff because it
ensures
consistent monthly invoicing and protects against energy price hikes if the
market
conditions change.
When comparing energy prices for businesses, please find out
how long
prices are fixed before changing to another supplier. Business energy suppliers
can
decide to fix their energy contracts for up to five years in certain
situations.
Variable-rate tariff
A variable-rate business energy tariff is one where the price
you pay
per unit of energy consumed can change during the contract period.
Even though you will miss out on the convenience of constant
billing
provided by a fixed price tariff, you will benefit if your energy prices are
reduced.
If businesses are willing to accept the possibility of unit
rate
rises, then variable rate tariffs will work well for them.
No standing charge tariff
The major advantage of a no-standing-charge tariff is that you
will
only be charged for the energy you consume. However, it comes at a higher unit
price per
kWh.
The no-standing charge tariff is ideal for seasonal firms or
businesses that are only open for one or two days a week.
If your company is open all year and uses a lot of energy, a
no-standing charge rate may not be the best option for you.
Multi-rate tariff
A multi-rate business tariff allows a company to pay a cheaper
unit
rate during non-peak hours. These include Economy 7 and Economy 10
tariffs.
These tariffs are most appropriate for firms that are mostly
open and
utilize energy in the evenings or on weekends.
Since your unit rate is likely to be higher during peak hours
than on
other tariffs, it’s best to only convert to a multi-rate tariff if you will use
the
majority of your energy during off-peak hours.
Green energy tariff
Any energy obtained from renewable sources that do not use up
the
Earth’s resources is referred to as green energy. This can be accomplished by
the use of
renewable electricity, renewable gas, or neutralization of carbon.
Green energy tariffs are now available from a growing number
of
suppliers, giving businesses more options than ever before.
Even though green energy tariffs were always thought to be
more
expensive than other tariffs, lately, there are various green energy tariffs for
businesses that are way cheaper.
When you choose to compare business energy with Switch Squid,
you can
select from a wide pool of green energy suppliers to ensure that you’re getting
the best
offer for your entity.
Reliable business energy offers
Switch Squid allows you to get customized business energy
quotes from
a variety of reputable energy providers.
We do the legwork for you when it comes to finding the best energy offers.
There’s no
need to waste time going from company to company to compare quotations when you
can just
fill out our short online form.
You should do the following before comparing business
energy
quotes:
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Get to know the expiry date of your business energy contract
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Obtain a copy of your MPAN and MPRN numbers
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Consider the tariff type you’d like to change to
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Consider your preferred contract period
What are the benefits of working with a business
energy broker?
Understandably, dealing with energy contracts isn’t a top
concern for most business owners.
You may gain from experienced industry knowledge and
access to the best offers on the market by partnering with a commercial
energy broker. Because brokers have a close relationship with energy
providers, they canto negotiate lower commercial energy rates than regular
clients.
A business energy broker can then offer pieces of advice
and respond to any questions you may have about the tariffs that are
available to you.
Using Switch Squid to compare business energy
Once you’ve selected a tariff, a corporate energy broker
like Switch Squid will manage the rest of the procedure for you.
Switch Squid will assign a dedicated account manager to
you who will keep you informed about the status of your movement and respond
to any queries you might have. You can also get updates online using our
Track My Switch service at any time.
Our energy experts will also notify you when your business
energy contract is about to expire so that you can avoid costly rollover
contracts.
Energy for large businesses
Large-scale energy efficiency solutions
When it comes to gas and electricity, large corporations in
most cases have unique demands. Businesses may use Switch Squid’s corporate
energy solutions to get the best rates for gas and electricity.
You will be obliged to install a half-hourly meter if your
firm has a maximum demand of 100kW or more in any half-hour period. Businesses
with a peak demand of 70kW and above will also be able to switch to half-hourly
meters if they want to.
A half-hourly meter provides reliable invoicing services by
directly sending meter readings to your supplier every half hour.
Switch Squid’s corporate energy professionals can assist you
with everything from installing a new half-hourly meter to switching your
current tariff.
Several customers have switched to cheaper tariffs as a result
of our assistance, saving millions of dollars. Our commitment to saving money
for our customers doesn’t end there. When you switch to Switch Squid today, you
can take advantage of our great water and telecoms
discounts.
FAQs about Business Energy
What information should I have in order to switch
business energy?
When switching your business’s energy supplier, you’ll
want to be sure you’re getting the best offer possible. To compare quotes
accurately, you’ll have to access the energy bill and get the following
information:
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Supplier name
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Monthly payment amount
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Current energy usage and unit rate (kWh)
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MPAN number, also known as supplier number
You’ll be able to compare new bids to your existing rate
using this information. You can swap your business energy once you’ve found
the appropriate price for you.
What should I do if I'm relocating my
business?
If you’re relocating your business, there are a few things
that you have to do:
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Get in touch with your energy provider and let them know when you’ll be vacating the premises
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Submit a final meter reading and reserve a copy for your records
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Keep your direct debits until your contract is properly canceled.
You must set up a new energy contract as soon as you
arrive at your new business location to avoid being overcharged for your
business energy:
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Take note of the meter reading as soon as you move in
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Compare energy rates sooner than later
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Select a new supplier, provide them with your meter readings and validate the date you moved in
How do I change my company's utilities?
It’s simple to switch commercial utilities. Simply begin by
researching utility prices, then click “switch now” to finalize your transfer
online once you’ve discovered the best offer for your company.
Switch Squid also handles supplier negotiations, making the
entire procedure as simple as possible for the customer.
How long is the switching process?
It takes between 4 and 6 weeks to transfer from one
supplier to another once you’ve found a new, cheaper rate. Allow us to take
care of everything so that you can make better use of your time.
Your electricity will not be cut off as a result of the
move because it is a seamless transfer. If there are any transfer
complications, we’ll keep you informed. Please contact your particular
Account Manager if you have any questions before or after the transfer.
Will switching create any problems for my
business?
Your supply will not be disrupted, so everything will
continue as usual! We’ll communicate with your current supplier and handle
all of the details. When the changeover is complete, we’ll also notify you.
How much money do I save if I switch my energy
supplier?
The amount of money you can save is determined by how much
energy you use. However, businesses with an average annual power cost of
£2,400 (usage less than 50,000kWh) can save up to £943 by switching.
How would you define a deemed contract?
When you move into new premises, a deemed contract for
both gas and electricity is already established.
If your current contract expires but you continue to use
energy, you may also be put to a deemed contract.
A deemed contract usually costs 80% more than a negotiated
contract. If you’re on a fixed contract, comparing business energy tariffs
could save you a lot of money.
Gas & Electricity
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