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The energy situation in the UK has been tough for small businesses. With winter approaching and no government assistance announced since January, business owners are left with limited options. The upcoming Autumn statement in November may bring some hope for further support.
Your business gas bill is mainly made up of two charges - the unit cost (measured in kWh) for the actual gas you use, and the standing charge that covers the cost of getting gas to your door.
Choose between fixed rate (stable price), variable rate (price can fluctuate), deemed rate (higher cost, no contract), or rollover (high rates between contracts).
The standard VAT rate for gas is 20%, but you may qualify for a 5% reduction if you meet specific criteria.
As sustainability becomes a top trend, consider suppliers offering renewable energy. Octopus Energy is a top choice for this.
Excellent customer support is vital when selecting your energy provider. Check ratings and reviews for reliable service.
|Unit Price per kWh
|Standing Charge (per day)
|Security and reliability, mid-range pricing, Best known for Security and Reliability
|Transparency and affordability
100% renewable energy option for smaller businesses, Best known for transparency
|Top choice for renewable energy, competitive rates, Best for renewable energy
|Discounts and rewards, variety of sustainable products for greener businesses, Best for discounts and rewards
To find the lowest price for your business gas, estimate your annual usage, prefer fixed-rate tariffs, and know your rate type. Some suppliers offer discounts if you combine gas and electricity contracts. When seeking a quote, be ready with:
Your MPRN (Meter Point Reference Number)
Your annual gas usage
Typical gas usage times
Electricity usage, if you're considering dual energy contracts
Contract expiration date, if applicable
Non-domestic customers can get an automatic discount through the government's Energy Bill Relief scheme until April 2024. Additional support is available for businesses with high gas usage or small energy needs. Be flexible with your payment method, understand your contract terms, conduct an energy audit, and consider energy-efficient technology.
Switching suppliers is straightforward. Your new supplier will handle the switch. You'll need information from your gas bill and your current supplier. Pay any outstanding fees to close your account. If there's credit, you can request a refund.
Business gas costs depend on various factors:
Location (rural areas pay more)
Business size (special products for small businesses)
Business sector (manufacturers vs. drop shippers)
Type of tariff (default vs. standard variable)
Strength of the pound
Supply and demand (weather conditions and energy demand)
We've covered key information on gas suppliers, how to choose one, and how to switch. If you're ready to switch or just want more information, use our free online web form to get suitable quotes for your business gas needs. It's quick and hassle-free!
Just visit Lloyd Energy and you can compare business gas suppliers among top energy suppliers and get your prioritized quote in 60 seconds.