Your Business Energy: Don’t Get Caught Out By Rollover Rates!
As a busy business owner, you may feel there are not enough hours in the day to secure your next energy contract. You know you’ll get around to it, but when you’ll get around to it is another matter. But renewing your gas and electricity supply contracts is something you simply can’t afford to ignore. With rollover charges almost always being seriously poor value, early action is key to securing the best possible deal for your business.
Do you know you can lock prices in early?
When renewing your energy contracts, suppliers will have you believe that you don’t need to do anything until your contract is almost up, often getting in touch with you to renew around 60 days before your end date. However, you can actually lock in your rates from around 12 months before, and the longer you leave it, the more likely you’ll drop into the variable rate which is invariably significantly higher. Plus with market increases, it’s in your best interest to get a quotation early in order to secure a lower unit rate.
Don’t miss out on price savings
The savings available when looking for a new energy contract can be substantial, so it’s essential to compare providers. While larger businesses tend to be savvy when it comes to finding price savings on their supply, many SMEs are put off from shopping around because the energy market is complex, time-consuming, and at times frustrating for business owners. In fact, Ofgem report that over half of businesses have not engaged in the energy market for the past 12 months. *
Our energy expert Partner can take the pressure off by searching the market for you. They’re entirely independent of all of the UK’s major energy suppliers – plus given their significant buying power, we can negotiate the best possible price. To see if we can help your business save money, contact us on;
Phone: 0800 566 8726
Email: peter.roberts@provantageprocurement.co.uk
Mobile: 07827 014303