FAQ About Business Energy Capacity, Costs, And More

As a business owner, you are not expected to know the ins and outs of business energy solutions. Below, we’re going to answer some common queries.

What is a smart meter?
A standard meter is one that reads how much gas and electricity you have used. A smart meter is an advanced version of this. It will send the reading directly to your energy supplier, ensuring that you benefit from an accurate bill.

Do you need to have a server room?
You don’t need to have a server room. It all depends on the nature of your business and the sort of tech you are running. It’s a good idea to look into the likes of Unified Communications By Gamma if you’re looking to run your business tech as efficiently as possible. 

How long does it take to switch business energy supplier?
Unless you are not currently in a contract, you will not be able to switch immediately. It depends on your current contract end date. You can only begin the registration process with a new supplier within 28 days in advance of your contract’s end date. Your switch will then go live on the day your other contract ends. 

What is a rollover contract?
A rollover contract is one that automatically renews at the end of the contract. You may not even be notified of the renewal. 

How much money will I save if I switch supplier?
This depends on your current contract, the supplier you choose, and a number of other factors, such as energy use. The best thing to do is use a comparison website, and they will then get back to you with their bespoke quotes so that you can discover the cheapest deal for you.

I am moving premises, what happens to my energy supplier?
If you are moving to a new location, you will typically pick up the previous tenant’s supplier. However, you should look into this in advance because you could end up paying out of contract fees. 

Will my business be interrupted if I switch energy supplier?
No. Your business won’t be interrupted or experience any downtime. Your gas and electricity are still going to be coming from the same place. You are simply going to have a different company that is sending you the bill. 

Can I get energy deals that are specific for charities and Not-for-Profit organisations?
As is the case for all businesses and organisations, you will receive a bespoke quote. Nevertheless, there are some discounts that you will be eligible for. You won’t need to pay the Climate Change Levy (CCL). You will also be eligible for a VAT reduction; reducing the amount of VAT you need to pay to 5 per cent. Don’t merely assume that all discounts are automatically applied, though. Double-check that this is so. 

What information do I need to have with me when I switch business energy supplier?
Simply locate a recent energy bill and this should have all of the details you need. This includes the name of your current supplier, the contract end date, the tariff you are on, the supply type, and how much energy your business utilises in kWh.

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