Business energy prices, much like home bills, are broadly increasing across the country. However, the overarching energy crisis doesn’t mean that you might not be able to find a better deal. From costs to customer service reasons, there are plenty of reasons that 2025 might be the perfect time to make a business energy switch and find a new provider.
This piece will explore why it might be a good idea to change business energy suppliers in the new year, touching on a range of economic, ideological and preferential reasons that are important to consider.
Considerations to make before a business energy switch
You might already feel ready to switch business energy suppliers, however, it’s important to do some checks and balances before you start looking at comparison sites and such. A proper awareness of where you’re currently positioned will make any sort of switch a lot more straightforward and well-informed.
- Any existing contract terms. Many contracts aren’t simple enough to leave at a moment’s notice, so take time to understand where you stand in that context.
- Standard charges & cost-per-unit. These costs, listed in kWh will indicate how your current deal stacks up to alternatives.
- How much energy you currently use. This will help you to calculate how much a new deal is likely to cost you after a switch.
Reasons to switch business energy suppliers
Cost
Cost is probably the most important reason that management might choose to make a business energy switch. Profit needs to outrun overhead costs for a business to be sustainable, with energy bills being an easy place to make a difference.
When considering cost, pay mind to:
- Price-per-unit
- Extra costs (government tax/new installations)
- Whether costs are fixed or can be inflated over time
Customer service & contract terms
It’s not all about cold hard numbers – business owners need to consider their tolerance for working with a certain supplier. This encompasses both customer service and the terms of the contract offered by the supplier. If the customer service team has been lacklustre, it’s worth contacting alternative suppliers directly to assess their communication skills, as well as checking review platforms like TrustPilot.
Contracts should be checked for stipulations such as:
- Term fixation (whether fixed or rolling)
- Cancellation fees
- Flexibility to leave if dissatisfied early on
- Fixation of rates (whether prices can rise or not)
- Provision of resources (smart meters etc)
Environmental goals
A business energy switch could be necessitated by a desire to take positive steps in the direction of sustainability or environmental care. For example, some providers might offer options such as wind power or source their energy from less polluting sources, such as nuclear power plants. If you’re interested in becoming more sustainable in the new year, your current choice might not be the best business energy supplier for your priorities.
Is 2025 your time to switch?
If the issues raised in this piece feel familiar or strike resonance with you, then it’s likely time to consider making a switch. Just remember to pay mind to your cost requirements, how your current supplier relationship feels and what your environmental goals are for the next year. With these factors at the front of your brain, comparing suppliers and finding the perfect business energy quote should come naturally.