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The truth about changing your company energy

Oct 21, 2016 | Insurance

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Many UK SMEs may understandably be frustrated to realise how much cash is spent.

Fiction: Energy bills are too confusing.

Fact: 1 out of 10 say they do not comprehend their bills and 4 out of 5 SMEs state their energy bills are unclear. However, the only thing you need to find is a copy of your energy bill to check out the contract renewal date. You can use the Small Print Pointer tool that will show you where your key contract dates are if you’re uncertain.

Fiction: I’ll have to notify my present supplier about the energy switch.

Fact: 6 out of 10 SMEs had a poor customer experience when they engaged with the energy provider. You do not desire to be striving to reach your energy provider through telephone, email and online only to say the contact is over. No worries! Typically, we can contact your previous supplier for you or offer you a termination template that will accelerate the process.

Fiction: I can’t change my energy provider because it is a leased property.

Fact: Unless your tenancy contract comprises energy prices that must be paid directly to your own landlord, you can change your business energy provider any time.

Fiction: Switching my energy supplier will temporarily cut on my energy supply.

Fact: It is simply false. Your service will not be interrupted as energy will be furnished through the same pipes.

Fiction: The switching process is overly complicated.

Fact: The present process can be complicated, 71% of SMEs believe it should be more easy to switch your energy supplier. Moreover, 1 in 5 businesses who attempted to switch supplier ended up staying with their existing provider. You can either talk to our team of advisors or request an electricity or a gas estimate online. Neither of these will take more than 10 minutes.

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