How to Switch to a Cheaper and Greener Business Electricity Supplier

Step 1 – Compare different green electricity suppliers and tariffs.

You can use an Ofgem-accredited price comparison website to find out which suppliers offer green electricity tariffs and how much they charge. Green electricity tariffs are those that use 100% renewable sources, such as wind, solar, hydro or biomass, to generate electricity. Some suppliers also offer carbon offsetting or green gas options to make your energy supply even greener. By comparing different green electricity suppliers and tariffs, you can find the best deal for your business and see how much you can save on your energy bills. You can also check the customer reviews and ratings of each supplier and see how they perform on customer service, complaints handling, billing accuracy and environmental impact. You should also look for any incentives or discounts that the suppliers may offer, such as fixed prices, cashback, loyalty rewards or referral schemes.

Step 2 – Check your current contract and exit fees.

Before you switch, you should check the terms and conditions of your current contract and see if there are any exit fees or penalties for leaving early. You should also check when your contract ends and if you need to give notice to your current supplier. If you are on a standard variable tariff (SVT), you can switch at any time without paying any fees. However, if you are on a fixed-term contract, you may have to pay an exit fee if you switch before the end of the term. The exit fee can vary depending on the supplier and the length of the contract, but it is usually around £30 per fuel. You should weigh up the potential savings from switching against the exit fee and see if it is worth it. You can also check if your current supplier offers a green electricity tariff and see if you can switch to it without paying a fee. Alternatively, you can visit this website to find out more about how to switch to a cheaper and greener business electricity supplier.

Step 3 – Contact your chosen supplier and arrange the switch.

Once you have found a green electricity tariff that suits your needs and budget, you can contact the supplier and sign up for the new contract. You will need to provide some details, such as your postcode, current supplier, current tariff, annual energy usage or costs, and payment method. You can switch online or by phone, depending on the supplier. The switching process is simple and hassle-free, as your new supplier will handle everything for you. You don’t need to contact your current supplier or change any wiring or equipment at your premises. The only thing you need to do is take a meter reading on the day of the switch and give it to your new supplier. This will ensure that you don’t pay for any energy that you didn’t use.

Step 4 – Notify your current supplier and pay any outstanding bills.

Your new supplier will contact your current supplier and arrange the switch for you. You don’t need to do anything else, except take a meter reading on the day of the switch and give it to your new supplier. This will ensure that you don’t pay for any energy that you didn’t use. You should also pay any outstanding bills to your current supplier before the switch is complete. Your current supplier will send you a final bill within six weeks of the switch. You should check the final bill carefully and make sure it is accurate and based on the meter reading you provided. If there are any errors or discrepancies, you should contact your current supplier and ask them to correct them.

Step 5 – Enjoy the benefits of cheaper and greener electricity for your business.

The switch should be completed within a maximum of three weeks from the date you agreed to the new contract. You will have a 14-day cooling-off period during which you can cancel the switch without paying a fee if you change your mind. Once the switch is done, you can enjoy lower energy bills and a lower environmental impact from your business electricity supply. You can also monitor your energy usage and savings online or through an app provided by your new supplier. You can also check if there are any ways to improve your energy efficiency and reduce your consumption further, such as installing smart meters, LED lights, insulation or renewable energy systems.