The recent announcement by the major energy companies in the UK is great news for home owners. Though most of their customers won’t see the benefit of the lower tariffs until the spring.
Business uses won’t see a reduction though as virtually every commercial business with a metered supply of gas or electricity is in a contract. Your current supplier won’t be breaking the contract to provide you with a lower tariff.
Commercial organisations need to continue to be aware of the terms of their contracts with their current supplier and be mindful of the roll-over trap. I’m still finding examples of businesses that unwittingly have been rolled into a new contract at non-market rates for another twelve or even twenty four months. A client in St Albans who runs a pizza franchise saved 36% on his gas bill when renewing through commercial energy brokers Utilitrack last week. That represented over £1700 of his current spend. I’d say that represents a lot of profit from a lot of pizzas.
If you are a commercial business and need an impartial, independent and trusted broker please Utilitrack on 0845 604 1484.