Gas
Looking to switch your business gas supply?
Looking to switch your business gas supply?
When looking to switch your business gas it is important to remember business gas plans are more complicated compared to domestic plans. Commercial gas plans are calculated based on your business’ size, gas consumption and your location.
Gas prices have significantly dropped in the last year due to oil and gas suppliers offering more competitive rates. Making this a great time to look at switching your supplier and finding a great rate for your business.
Today, many business owners are putting off switching gas suppliers with most stating the reason as finding the task of contacting suppliers for quotes too time-consuming. However, by not switching you could be costing your business money especially if you are out of contract.
How can we help you switch?
Our team of energy advisors can do the majority of the work for you so you can carry on with your business.
We will ask you a few simple questions to help us get an understanding of your energy usage and needs. Then our team will go off and compare your individual requirements against all the available commercial gas deals on the market.
Once we find you the best deal possible we will walk you through the switching process step by step. Making sure you are happy and understand your contract and it’s rates before your sign and switch.
Useful Information On Business Electricity
Meter Point Reference Number (MPR)
The MPR, Meter point Reference, number can be found on your last gas bill and consists of one long number with up to 10 digits. It may be located somewhere at the top or bottom of the bill. The number does not contain any letters.
Type of Contracts
Fixed Term
A fixed term contract offers a pre-agreed unit rate for the defined period of the contract. A contract length is commonly between one and four years.
Rollover Contracts
A rollover contract are also known as assumptive renewal contract. If you have not put a new contract in place by the end of your current contract your supplier will place you on a rollover contract.
Rollover contracts are not ideal as they typically have inflated rates but many businesses fall into the trap of auto-renewal contracts. It is important to keep a note of your contract renewal date so you can make sure you are always on the best deal and can shop around to find the best rates.
Deemed Rates
Deemed rates, also known as out-of-contract rates, come into effect when a business gas customer has just moved property or during the interim between the end of a contract and the start of a new contract switching over.
Type of Charges
The simplist way to check if you are paying over the odds for your business gas is by checking what price you are paying per unit (kWh)
Unit Cost
The unit rate is the cost for each unit of energy used (kWh). Every business will be offered different rates based on their size and consumption. On average a small to medium business will be charged between 3 and 4 pence per unit of gas.
Standing Charge
A standing charge is a fixed daily cost which each business pays to cover the cost of supplying your business premises with gas. The charge covers maintenance, meter readings and connecting your premises to the network.
If you would like more information about gas rates and contracts or you have any further questions get in touch with our energy team at info@utilityboard.co.uk
Would you like to know more?
We are very approachable and would love to hear from you. Feel free to call, message or ping us or simply complete the enquiry form and we will get back in touch.