Once upon a time, businesses had British Gas as the sole option for buying business gas. However, with increased business in every sector, multiple gas suppliers have started a business. This has allowed various business firms to have a wide variety of options to choose from as per their needs.
Gas suppliers have customized rates for the ranges of businesses they deal with and various discounts and tariffs that help in reducing gas bills. The need to switch to another gas supplier is mostly because of the rates, however, there’s more to it.
There are certain ways in which business gas bills might be reduced in the UK. Utility Bidder is an efficient platform to seek help from.
- Business gas rates – Suppliers levy charges on businesses based on two different prices. Unit cost is the charge that businesses pay per unit of energy. The second cost that suppliers charge is standing cost which is for transportation and maintenance. Another important thing to focus on is the kind of gas contract you are opting for.
There are five options laid out before you. A fixed-term contract means the cost remains the same throughout the period you use the gas. Depending on the volume you use, you either pay more or less.
In a Variable contract, suppliers charge you according to the market activity. Deemed contract rate is applied on businesses that failed to choose a new contract, tariffs are high and businesses do not prefer it.
A 28-day contract uses high charges and variable rates. Rollover contact means your supplier assumes that you wish to continue and extends your previous contract.
- Details – Many businesses simply focus on rates and finding gas suppliers who offer cheaper rates is hassle-free. However, many prefer to look for perks like easy mode of payment, transportation facilities, excellent customer service, and longer contract options, etc.
You need to be vocal about your requirements before finalizing your gas supplier.
- Brokers – Get a copy of your latest gas bill and start searching for an efficient gas supply broker. They are people who work with you as well as the gas suppliers. After you have successfully hired a professional for the task, they will either commission or share a portion of your savings.
They will then negotiate with gas suppliers on your behalf, ask all the significant questions and get you the best possible deal. These people are much more accustomed to the industry. Therefore, they will know suppliers who are better suited for your business.
- Long-term contracts – It is tricky to enter into a long-term contract with a gas supplier. But, once you have found the best-suited one for your business, long-term contracts offer advantages like exclusive discounts, better customer relationship status, and priority during times of urgency, etc.
You will also be made aware of better deals and excellent discounts by brokers or suppliers.
Gas supply is a huge commitment in any business. Therefore, be wise while selecting your supplier and make sure to check reviews online.
