2nd August 2016

FastGuide – Business Energy

Here is your two-minute guide to business energy switching.

1. All the information that you need is on your electricity and gas bill – dig them out and take a look – don’t be bamboozled by the bill – help is at hand.

2. The easiest way to save money on your energy costs is to switch supplier.

3. Suppliers are bound to honour your switching without interruption to your business. Ofgem is the regulator who polices the suppliers.

4. If you are in contract with a supplier, the end-date is on your electricity and gas bill. If you are on a ‘deemed’ contract (out of contract) you will be paying on average 80% more than you should be.

5. Here is our TOO MUCH Table:

  Standing Charge (per day) Per Unit (kilowatt per hour)
Electricity 23 pence 11 pence
Gas 0 pence  3 pence

Too Much! 


6. You can go through the switching process even if your contract renewal is some time away – it may be worth switching whilst the energy markets are low.

7. There are over 25 energy suppliers to choose from including “The Big 6”.

8. Get a pot of tea (or a bucket) and call as many suppliers as possible – you will need to be in a patient mood. Don’t forget to have your bills at hand.

9. Use a switching service to gain access to the full energy market. You can do this online or via telephone. The most painless option is to share your previous electricity and gas bills in confidence.

10. Email your details to one of our Switchologists™, and a human being in the UK will get back to you with the options to save. Remember you are not committed to do anything until you sign a contract – there’s nothing to lose.


Our promise: We will never share your information with a third party other than the supplier that you choose.

#Energy #Energy Guides

Jess is part of the SwitchMy content team. She's worked with some of the energy sector's best known brands and helps us demystify business energy for SwitchMy users.

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