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There is one thing that startups, SMEs, and successful million-pound businesses have in common: they want to save as much money as possible.
However, with the tariff you’re on now, chances are you’re paying too much for your electricity.
At Watt Utilities, we help businesses save as much as 45% per year by switching them to an energy provider that is better suited for their business’s needs.
Switch to a new business electricity supplier in 21 days with our 100% hassle-free process. With Watt Utilities, all you need to do is fill out a form, choose a supplier, and start the switch.
The only thing you need to do is to pop your details into a form. Using information like your postcode, address, and energy usage, we’ll provide you with a list of better deals to choose from.
With Watt, you can save money and time. Using our unique algorithm, we will search for the best deals from the top suppliers in the U.K. Our experts will compare prices so that you don’t have to.
Once you’ve chosen your new supplier, we will take care of everything. We guarantee a straightforward, simple, and stress-free process. You don’t have to do a thing!
Let’s face it -- no one has the time to compare hundreds of electricity providers. That’s why we’ve developed the most convenient comparison tool that allows you to compare a wide range of energy tariffs without having to spend too much time.
When you compare prices with us, you can save hundreds of pounds each year. That means you’ll have more money to spend on expanding your business.
Through our long-standing relationships with some of the best energy suppliers in the U.K., you can gain access to exclusive deals. Our energy experts will help you find the cheapest deals on the market and make sure that they meet your business’s needs.
We can facilitate the switch for you. All you have to do is to provide us with your information, and we’ll do the rest.
If you’d prefer to speak with a member of our team, feel free to call us at 0161 8338661. We would love to answer any concerns you might have.
At Watt Utilities, we help customers find the best electricity supplier for their business. When you compare electricity prices with us, you’ll gain access to hundreds of exclusive deals from our selection of trusted energy suppliers.
Our specialists will find the most suitable electricity supplier that meets your business’s requirements. If cost is your concern, we’ve got you covered. Our goal is to help you reduce your electricity bills, saving your business as much money as possible.
Compare the best business electricity suppliers in just four simple steps!
Before we can start searching for the best electricity tariff, we’ll need some information about your business, including:
Our cutting-edge online comparison tool sifts through hundreds of electricity deals from the U.K.’s top-rated energy providers. After comparing each tariff with your current contract, we’ll prepare a list of the best business electricity suppliers for you to choose from.
Don’t worry -- we’ll make sure you understand each tariff. Should you have questions or concerns about a certain energy deal, our experts will provide you with additional information to help you make an informed decision. We can even help negotiate better deals on your behalf!
Once you’ve made your choice, our team will get in touch with your old energy supplier to let them know that you’re switching. All you need to do is to sit back, relax, and wait for your new electricity deal to take effect!
Switching business electricity providers has never been this easy. Once you choose a tariff, the Watt team will facilitate the switch and complete it within three weeks. We’ll take care of everything for you.
Comparing business electricity suppliers can be a daunting task. With hundreds of suppliers to choose from, where do you begin?
At Watt Utilities, you won’t just get to save money -- you will also get to save time. To help speed things up, we’ve put together a list of the best business energy suppliers in the U.K.:
The “Big Six” are the U.K.’s largest energy suppliers. Together, they are responsible for supplying electricity to 79% of households in Great Britain. The team at Watt have compiled the pros and cons of each energy supplier, taken from authentic customer reviews online.
British Gas is the U.K.’s original gas supplier. A subsidiary of Centrica PLC, it supplies electricity to more than 15 million homes and 350,000 businesses within the U.K. Being the largest energy provider in the U.K., British Gas boasts a wealth of experience.
Pros of British Gas:
Cons of British Gas:
EDF Energy supplies energy to more than 5.7 million customers in the U.K., 200,000 of which are SMEs and large businesses. The company is based in France and has been in the industry since 2002. EDF Energy is currently Great Britain’s largest generator of zero-carbon energy.
Pros of EDF Energy:
Cons of EDF Energy:
#3 E.ON Energy
Based in Germany. E.ON Energy supplies electricity to over 33 million customers across 30 countries. It currently serves around 3.8 million customers in the U.K. Formerly known as Powergen, E.ON Energy is best known for its contributions to renewable energy.
Pros of E.ON Energy:
Cons of E.ON Energy:
Formerly known as RWE Npower, this energy supplier serves over 6.5 million customers in the U.K. In 2019, Npower was acquired by E.ON, although both entities remain separate.
Pros of Npower:
Cons of Npower:
Scottish Power was initially a nationalised company but was bought by Iberdrola in 2006. The company invests in renewable energy, with numerous wind farms in Ireland, Wales, Scotland, and England. Scottish Power currently serves 5.3 million customers within the U.K.
Pros of Scottish Power:
Cons of Scottish Power:
Scottish and Southern Energy (SSE) was established in 1990. Based in Scotland, SSE serves around 9.1 million customers, making it the second-largest energy supplier in the U.K. In 2020, OVO Energy acquired SSE’s domestic energy services.
Pros of SSE:
Cons of SSE:
If you want to learn more about the Big Six, the specialists at Watt Utilities would be delighted to provide you with the information you need. We also recommend taking a look at online customer reviews of the suppliers mentioned above.
The Big Six may be the biggest energy suppliers in the U.K., but that doesn’t mean they’re the only ones you should choose from. There is a growing number of less well-known energy providers in the country -- you may even find that these smaller suppliers offer better electricity rates and customer service!
Comparing electricity suppliers one by one is an incredibly time-consuming task -- it’s nearly impossible to do! That’s why we’ve created an online tool that shows only the deals that are better than your current energy contract.
Remember -- there’s no such thing as a perfect energy supplier. Factors such as the location, energy usage, and size of your business can influence whether a certain supplier will be the ideal choice. That’s why it is crucial to compare business electricity providers before switching suppliers.
Energy providers that have been in the industry for years know what they’re doing. When searching for the best business electricity supplier, it’s important to gauge whether they have the expertise. Additionally, consider the company’s reputation. Are they responsive? Do they take complaints seriously? One way to determine this is by reading customer reviews.
Energy suppliers typically offer a fixed-rate energy plan and a variable rate plan. Under a fixed-rate energy plan, your rate remains unchanged throughout your contract. On the other hand, under a variable-rate plan, your rate changes according to the current market price. This means that when prices go up, so does your rate.
Another factor to consider is the length of the contract. Whether you choose a six-month or a thirty-six-month contract is entirely up to you, but keep in mind that short-term plans are often more expensive than long-term ones.
On average, medium-sized businesses use 35,000-kilowatt-hours of electricity each year. On the other hand, large businesses consume around 90,000-kilowatt-hours of electricity. Small or micro-businesses tend to use anywhere between 15,000 and 25,000-kilowatt-hours of electricity per year.
It depends. Since business customers will use more electricity than non-domestic customers, energy providers tend to charge lower rates for business electricity. However, businesses will have to pay a higher value-added tax (VAT) of around 20% -- that’s 15% higher than the 5% VAT charged for domestic users.
Additionally, domestic customers are subject to price caps, which means that they never have to pay above a predetermined amount. There are no price caps in place for business customers, hence, they may be more expensive.
The answer is no, provided that not more than 40% of the electricity is used for business. This means that if you go beyond the de minimis threshold of 33-kilowatt-hours per day or 1,000-kilowatt-hours per month, you may have to sign a business electricity contract. If you’re unsure about your usage, it’s best to consult the experts at Watt Utilities. Our team will be able to help determine the best course of action for your situation.
Businesses pay 20% VAT for their electricity use. However, this does not apply to the following:
In such cases, businesses will have to pay only 5% VAT.
To calculate how much a small business would have to pay for electricity each year, simply use the following equation:
Energy use * price per kWh + daily standing charge * 365
For instance, a small business using 10,000 kWh per year, at a standard £0.14/kWh, with a daily standing charge of £0.50 p would have to pay £1582.5 annually.
We will need information about your business and your current energy contract, such as:
Most of this information can be found in your electricity bill.
Not at all. At Watt Utilities, we will facilitate the switch from start to finish. Once we’ve notified your old supplier that you’ll be switching suppliers, your new supplier will take over. You will experience zero disruptions throughout the entire process.
Suppliers that have signed up to the Energy Switch Guarantee have twenty-one days or three weeks to complete the switch. However, some suppliers may wait until the end of the fourteen-day “cooling off” period to initiate the switching process. The process may take longer if your new supplier does not have the details they need.
If you’re planning on moving your business, whether to a co-working space or an entire office building, you need to find out who supplies the electricity to the property you’re transferring to. Then, you should change the account name to your business name.
Don’t forget to take the meter reading at your old premises before you move, as you will still have to pay your outstanding bills.
Green electricity is eco-friendly electricity. It refers to renewable sources of energy such as solar, wind, hydro, biogas, and more. Green energy does not produce harmful greenhouse gas emissions, unlike ‘traditional’ sources of energy such as coal and oil. If you’re thinking of going green, there are plenty of tariffs that may be available to you. Ask the experts at Watt Utilities to learn more.
Ready to save more and spend less? Let’s start by comparing business electricity prices.
Need more information? Call 0161 8338661 today.