| Businesses that purchase significant amounts of energy, whether gas or electric, can usually benefit from lower bills if they research the market and compare power tariffs.
If you compare business gas prices for example, you’ll typically discover that the amount you get quoted will change significantly from one power company to the next. The process of business gas price comparison needs to take into account the projected gas consumption over the coming year and then match that to the most suitable tariff.
Stop to think about it and you’ll realise that gas is gas and so what power companies can do is try to de-commoditise it by offering their products in different price packages according to overall usage levels, when in the year that consumption is likely to be highest and lowest or whether it will be or variable. For any individual business there is probably going to be one supplier whose gas price tariff best matches their demand. Get the match right and you can often save a massive amount on your business gas or electricity costs.
And so it with electricity. The process of business electricity price comparison is the same. You can usually find one supplier who, because of their electricity tariff structure will be able to provide you with your energy needs at a lower price than the rest.
But you can only take advantage of different prices in the gas and electricity markets if you are prepared to shop around. The process is difficult and demands good industry
knowledge. For most businesses it makes best sense to employ an energy broker to do the job for you. Even better if you can get one who operates on a no-fee basis too.
