Power to the people – tips on managing your business electricity strategy

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All small business owners know that electricity is an essential part of day-to-day operations. Whether it’s running a restaurant or an IT consultancy, businesses can’t function without a constant, reliable source of energy and for many company owners, finding a supplier that will deliver competitive prices alongside great customer service is a priority.

Setting up your business electricity supply is slightly different to setting up your home electricity supply, but fortunately it needn’t be any more complicated.
Here are some helpful tips to keep your company energy smart.

How do I find a business electricity supplier?

The majority of energy suppliers in the UK, including British Gas, will offer both
domestic and business energy. Business energy contracts are structured in a different way to household contracts, as the needs can be quite diverse, and the pricing structure will also vary. It’s worth spending some time familiarising yourself with the business energy sector and ensuring that you are on the right plan for your requirements.

What if my business moves?

When moving to new premises or expanding your business, there is usually a lot of red-tape to wrestle with, but it’s important to ensure that you investigate your electricity rates and contact your supplier as soon as possible. If you haven’t set up a new agreement, you could be charged a “deemed rate” by the energy supplier. This is a pre-set rate for the premises you occupy and is usually higher than pre-arranged contracted rates.

Electricity meters for business

Meter technology has come a long way in recent years and is much more sophisticated, which means you’re able to gain greater visibility around the energy your business uses.

Installing a business electricity smart meter, which is used to measure your energy usage rather than relying on manual meter readings, is a great way to not only take control of your business’ energy costs. It will also allow you to see the immediate impact of any electricity-saving measures or initiatives you implement.

For more on business electricity, visit British Gas Business to find the latest updates and technology available to keep your business up-to-date.

The views, opinions and positions expressed within the British Gas Business Blog are those of the author alone and do not represent those of British Gas. The accuracy, completeness and validity of any statements made within this blog are not guaranteed. British Gas accepts no liability for any errors, omissions or representations. The copyright in the content within the British Gas Business Blog belongs to the authors of such content and any liability with regards to infringement of intellectual property rights remains with them. For more information about the mix of fuels used to generate our electricity simply visit britishgas.co.uk/business/about-us. You can find information about how to make a complaint at britishgas.co.uk/business/complaints.