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Compare business electricity

Switch business electricity deals to save money

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Mon - Fri: 9am - 8pm, Sat: 10am - 4pm, Sun: 12pm - 4pm

The energy price cap doesn't affect business tariffs

The current guidance to stay with your existing energy supplier if you're a domestic energy customer does not apply to business customers.

If you're a business customer and your agreement is coming to an end or has already ended, you could secure yourself a new deal by comparing your options. Out of contract, rates are generally more expensive than those you'll be offered when signing a fixed rate contract. Get a quote to see how much you could save.

We compare a vetted panel of over 20 trusted UK business energy suppliers

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Why compare business electricity rates?

If you own a business you'll know that getting a good price for your electricity can really make a difference to your operating costs. That's why we're working with our business electricity partner, Bionic, to find you the best electricity deals for your business.

Business electricity works similarly to your electricity at home. You pick a supplier from the available tariffs to supply your business with electricity. But unlike your home electricity, business electricity is contract-based. So you're 'locked-in' to a supplier for a set amount of time — usually between 1 and 5 years.

Even if you're used to switching energy suppliers at home, you might still find the business electricity switching process a little confusing.

Together with Bionic we'll outline everything you need to know about comparing and switching business electricity deals. And we'll guide you through the process. Just call 0800 158 5296 to speak to an expert.

How much can my business save by switching electricity suppliers?

Every business has different energy needs. And every commercial electricity contract is designed to meet those unique needs. So it's hard to say exactly how much your business could save.

How much you pay, and could save by switching, depends on the size of your company, the size of its premises, the number of employees, and its overall energy efficiency.

A business electricity quote can help you find out exactly how much you could save.

Compare business electricity deals and save money

Why should I switch business electricity supplier?

There are two main reasons to consider switching your business electricity supplier.

Firstly, price. Switching to a better deal is a quick and easy way to make savings on your business energy. It could also help to keep things running by keeping your costs under control.

Secondly, you might want to switch to a supplier who offers better customer support if you have complicated energy needs. For example, you might need a detailed type of fixed or flexible tariff that suits your specific business better. Or you might just have had a bad experience with your current business electricity supplier.
Give our business partners at Bionic a call on 0800 158 5296 or request a quote to discuss exactly what you need from your next energy contract.

How does switching business electricity rates work?

  • Tell us about your business. Fill in the online form or call directly to discuss your business electricity needs.
  • Pick the best energy deal. See a range of business electricity prices and pick the deal that's best for you.
  • We manage the switch for you. The switch takes around six weeks and won't get in the way of your current electricity usage.
  • Save money by switching. Boost your bottom line with savings on your monthly business electricity bill.

Compare business electricity deals and save money

Need more help?

Is VAT charged on my business electricity bills?

Yes. All businesses need to pay 20% VAT on business electricity, and it cannot be claimed back. If your business uses under a certain amount of energy, you'll pay a reduced rate of 5% VAT. To find out more, check out our guide to business energy VAT rates.

What happens when I switch business electricity?

To start the switching process, you'll need to compare business electricity prices – a quick call to our partner Bionic's business energy team is all it takes. You'll answer a few questions on your business and its electricity use, so we can find a deal to suit the needs and budget of your business.

The more accurate your answers, the more accurate our quotes will be. Try to dig out a recent bill and have the following information to hand:

  • The name of your current electricity supplier
  • The name of your tariff, and its end date
  • Your supply type
  • How much electricity your business uses
  • The MPAN number from your electricity meter (this might be on your bill).
We'll then show you a selection of tariffs from a range of providers, then all you need to do is pick the most suitable option. We'll get the switch in motion and your new electricity supplier will organise the switch with your existing supplier.

The switch should take around 6 weeks. There'll be no disruption to your electricity supply, not even on the day of the switch.

Your electricity will still enter your workplace via the existing cables, it's just the company supplying it that changes.

Once you've made the switch, you'll need to take an electricity meter reading on the day of the switchover, so your old supplier can issue your final bill.

How does a business electricity switch work?

We've partnered with Bionic to find their best business electricity deals for your business. Call now on 0800 158 5296, or enter your details to schedule a call back when it's a good time for you.

A business energy expert will ask you a few questions to understand your business and find your best commercial electricity deal.

You can leave the rest to us. We'll take care of the switch and you'll be saving money in no time.

What else should I know about switching business electricity?

Switching to a better deal really is simple, especially with the Bionic business energy team on hand to take out all the hassle.

But there are a few more things you need to know before you compare business electricity suppliers, such as:

  • You can't compare business electricity prices until your existing energy deal has entered its ‘renewal window’. This is usually between 1 and 6 months before your deal's end date. Your supplier will get in touch with the offer of a new deal during this window, and that's when you should run a comparison to find a better deal.

  • Your company is likely to be subject to a credit check.

  • If you have a current supplier you'll need to give them notice. If you don't, you could be rolled over to a standard contract which is typically more expensive.

  • If you're in debt with your current supplier, you could be refused to switch until that debt is cleared (unless you're on a deemed tariff)

  • If you have a large business, you can install commercial energy meters that update every 30 minutes, instead of every hour. Or you can choose multiple meters which report your energy more accurately.

  • You'll need multiple meters if you run a business across more than one site. It may save time and money to consolidate your electricity supply into a single, multi-site package, with one supplier and one renewal date.
For further information about business energy, have a look at our business energy guides.

How long does it take to switch business energy suppliers?

Running a business energy comparison to find the best deals takes a matter of minutes. But your switch won t be completed until your current deal has ended. So the switch can take anything from a couple of weeks to a matter of months, depending on the length of your switching window.

Your switching window is a timeframe set aside towards the end of your current deal. It gives you time to compare prices and arrange a new deal when your current one ends.

It often makes sense to compare deals and switch as soon as your window opens, to make sure your switch is in place before your current deal ends. If you don t arrange a new deal, your supplier will simply roll you over onto more expensive rates.

Switching early can also mean you lock in lower rates if prices go up between your switching window opening and your current deal ending. And signing up to a longer-term deal can mean you benefit from cheap business energy for longer. That s because your rates are fixed for a greater length of time, meaning they could be protected from a number of price hikes.

Will the switch mean the electrical supply to my business is interrupted?

No. When you switch business electricity, it's just the suppliers that change – your energy is still supplied through the existing cables, meaning there's no need for work at your premises and no interruption to your supply. The only time you might see any disruption to your supply is if you need a new business electricity meter installing at your premises.

Why should I compare and switch business electricity with Confused.com?

Comparing business electricity with Confused.com helps take all the hassle out of switching.

Just enter your postcode to start a quote and we'll use smart data to find most of the information we need. We'll just need a few more details from you and we can quickly compare business electricity prices from our panel of trusted UK electricity providers, including British Gas, EDF Energy, Octopus Energy, SSE, Scottish Power and more.

A business energy expert will talk you through your options on a quick call. You choose the one you like best, and we'll handle the rest of the switch. No unnecessary form-filling and no hassle.

No matter how much electricity your business uses, we could help you save money - give our tech-enabled expert team at Bionic a call now on 0800 158 5296 or request a quote to see how much you could save.
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