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Finding the Best Gas Deal for Your Business

Finding the Best Gas Deal for Your Business

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Last updated: 20 May 2020

Running a business is not easy, and it can be expensive too. You have to spend money to make money. With so many things to think about, from paying staff and rent to insurance and supplies, it can be easy to overlook your energy tariffs. But by comparing providers and switching, you could save hundreds if not thousands of pounds for your business. This guide will help you to know what to look for when searching for a better business gas deal, and what you can do to make sure you’re getting the best tariff.

Why should I switch my business gas?

Gas isn’t something you can really opt out of. It’s an essential part of both our homes and businesses, from keeping your shop or office warm during the winter or powering the kitchen in your restaurant.

Whoever you get your gas off, the product stays the same. It’s supplied through the same pipes and powers things in the same way. But that doesn’t mean you should always be content with your supplier.

The most obvious reason for switching your gas supply is to save money. Just like switching suppliers for your home can push down your bills, switching gas suppliers for your business can do the same, but the savings can be even greater. Some businesses could save thousands of pounds each year by switching.

There could be other reasons you’re not happy with your current supplier. Maybe you needed support or advice before, but the customer service wasn’t up to scratch? Or maybe your business wants to move over to a more environmentally friendly and sustainable supplier.

Whatever your reasons for switching your business gas supply, we try to make the process easier for you. Get a quote today, and see how much you could save.

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How do I find the best business gas deal?

There’s no one-size-fits-all tariff for business gas – each quote is bespoke and tailored for the specific requirements of your business. That’s why it’s always worth doing a quick price comparison and compare as many suppliers and quotes as you can so you can find the best deal available.

The size of your business and its specific needs will affect the price of your gas tariff. If you have a big office or shop, then you have a large area to heat and therefore you will expect to pay higher prices for your gas. The same goes if your business naturally uses a lot of gas, for example if it’s a restaurant.

The price you pay for your energy will also depend on the wholesale price of gas and electricity. Therefore, it can often be cheaper in the long run to get a fixed rate tariff, as the unit price of gas will stay the same for the term of your contract. If wholesale gas prices were to go up, then your business won’t be affected by any price hikes. At the same time, however, if gas prices were to fall then your business won’t see any benefit either.

Fixed tariffs usually last between one to three years but can sometimes be up to four years long. If you want to switch suppliers in the middle of a fixed term contract, then you will usually have to pay an exit fee. Therefore, when choosing a fixed rate tariff, you should think carefully about how long you want it to run for. You may have plans to relocate or expand your business soon, in which case you could benefit from getting a shorter term. This will make your life easier when it comes to switching again.

All business gas tariffs will be priced by the unit cost of energy, plus a standing charge for the daily use of your gas regardless of how much is used. You should always look for the lowest unit cost of energy when finding the best business gas deal. You will be charged on how much gas your business is using, so the more you use, the more you will pay. That’s why it’s important to look for low unit costs, so you can save money on your business’s gas bills.

How does switching gas for my business work?

Finding a better tariff and switching your business gas supplier doesn’t require a lot of effort. You just need to answer a few questions about yourself and your business, and we will provide you with a list of tariffs available to you that you can switch over to and start saving money.

Once you’ve chosen a new deal and confirmed the switch, your new supplier will handle the process for you. Nothing needs to be changed or installed in your workplace as the pipes will stay the same, and your gas supply won’t be switched off at any point. All you must do is pay off any outstanding debt to your previous supplier and take one last meter reading before the switch.

What information do I need to switch business gas?

To compare business gas tariffs and find the best quotes, you will need to provide us with some information about yourselves. The process is simple and quick, and any information you may not know off the top of your head could probably be found on a recent energy bill.

You will need to tell us the postcode of your business, as some companies will only supply gas to certain areas of the country. You will also need to provide us with the name of your current gas supplier, the date your current contract ends, your typical gas consumption and a meter reading.

Once you provide us with this information, we will get back to you with a list of quotes that you can compare. Just choose one that works for your business and start saving money.

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Danny Lord

Author: Danny Lord

Danny is our Editor-in-Chief, and has been writing news and guides for comparison sites for the last five years.

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Business energy suppliers

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  • Dual Energy
  • EDF Energy
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  • Gazprom
  • Npower
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  • Opus Energy
  • Scottish Power

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