If you own your own business, it’s likely that you’ll need to find a business gas supplier. It can seem like such an easy task – just pick a company who’ll supply your business gas, plug it into the gas supplies and off you go. Unfortunately, it doesn’t work that way. Each business gas supplier will provide their services in different ways, and it’s important for you to understand the differences between them. You need to make sure you choose a company who will reliably supply your business with gas, especially if you’re operating a pub, club or office building.
One of the biggest mistakes that small to medium-sized business owners make is to think that they’ll save money by switching to a company that offers the cheapest service. Although this may sound tempting, in most cases you’ll actually save money by going with a bigger company who offers more flexible contracts. Contracts tend to be less restrictive in the initial stages of a deal, which means you might be able to sign up for a three-year deal for example. But unlike domestic gas, with gas business supplies you can usually switch provider at any time and since you’re already in a fixed contract, you’ll most likely be tied to that price for a certain period of time. Unless you’re willing to cough up some termination fees, you’ll most likely be stuck in a one-way business gas supply contract for the duration of your contract.
Contracts can also vary quite substantially based on when your contract ends. Some people choose to renew their existing deal as it’s a good idea to get a standard rate until the next renewal (provided it hasn’t expired yet). Others will want to go elsewhere completely. However, it’s important to realise that if you do choose to cancel your current supplier contract during the current one, your tariff will end there – even if you continue to receive gas from another supplier. So, if you think that you could benefit from a change then you should definitely speak to your current supplier to see whether they’ll allow you to keep their services.
However, not all suppliers are so willing to take the risk of letting business owners continue to use their services after a contract expires. There are a number of reasons why many gas and electricity suppliers won’t want to let you keep your old gas and electricity contracts. For example, they can feel that your business relies on them for reliability and security. They also fear that leaving your gas and electricity supply deals could lead to a decline in customer numbers. On top of all that, the cost of running these gas and electricity tariffs can soon cripple small businesses that rely heavily on them for their livelihood.
As well as the above reasons, sometimes the company that is being charged with paying the exit fee may be a company that is totally unrelated to your gas and electricity needs. This is why it’s so important to read the contract carefully. Be sure to identify the name of your current supplier and the exit fee payable. Many suppliers charge an exit fee regardless of whether they have been made aware that your contract has expired. To avoid this fee, ensure that you only contact your gas and electricity suppliers if absolutely necessary and you’ve checked with the UK government to see whether the exit fee charged applies to you or not.
Finding out about your business gas prices per kwh can make a huge difference to both your bottom line and the success of your business. With the amount of competition that’s out there today, it’s vital that you’re able to secure the best deal possible. When you work with a specialist provider that’s been approved by British Gas, you can get the kind of information you need to secure the best possible deal at the lowest price available. They’ll help you compare between multiple providers, so you can work with one that offers the best value for money and lets you make the most efficient use of your energy. Don’t let your business go uncompensated – work with a supplier who understands your needs and wants to work with you every step of the way.