Are you paying too much for your business energy?
Loyalty is costing the business energy market a £7 billion price tag
In a study carried out by the Competition and Markets Authority (CMA) it was found that a staggering £7 billion is being wasted by businesses which have been overpaying on their gas and electricity bills. And yet, this massive overspend could easily be avoided.
If you fail to shop around for your business energy rates before your energy contract end date (or before your notice period) you are automatically rolled over to your provider’s standard tariff. These rollover tariffs can be up to 40% more expensive than if you looked elsewhere or renegotiated.
Half of the businesses who are customers of the Big Six energy firms haven’t changed provider in five years – meaning they are probably on the company’s standard tariff. This can be up to 116% more expensive than other tariffs. It’s been found that 45% of small businesses are on these, so this is definitely something to check up on.
What can you do to save on your business energy costs?
At Energy Contract Renewals, we work with you to find and compare tariffs in a simple, transparent and unbiased way, backed by our industry knowledge to help you make an informed choice for your business, as well as offering one point of contact for all your support needs.
We're an independent energy consultant, giving you impartial, unbiased advice & support to help you achieve lower business energy costs.
We save you time because we understand that running your business is your priority, so we will free up your time by doing all the work – all you need to do is decide which option is right for you.
Our service is entirely free for you to use. We get paid by our partner suppliers. You don't pay us anything!
Our team are industry experts, as well as savings specialists, who monitor the markets daily to help you make an informed decision.
We don't just stop at rates; we also provide a one stop service for all your support needs.
4 easy steps for business energy savings
1. We talk: We talk & you tell us about your bills
2. We search: We search live market information to find a better deal that’s right for you
3. You decide: We’ll talk through your options and you can decide what you want to do
4. You save: Once you’ve decided on the right option for you, we’ll notify your chosen supplier and it’s all done, leaving you to enjoy your savings
Download the CMA Report now
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