Switch Once, Switch Forever!

Coronavirus continues to be a large market driver, with the government performing a balancing act between easing measures, new cases and enforced localised lockdowns.

At the beginning of the year, the wholesale price of oil was almost 40% higher than it currently is now: above $60/bbl. In March, as the virus spread and more countries reported cases of infections, the energy market dropped, with Brent dipping below $50/bbl. Come April, as countries went into lockdown with businesses closing and travel restrictions in place, wholesale prices plunged below $20/bbl, hitting an 18-year low.

However, there are promising signs of a recovering economy. UK economic activity has improved over the summer months as coronavirus restrictions have eased and government support measures have encouraged consumer spending. With this in mind, now is the perfect time to secure the most affordable energy provider to power your business and help drive up your profit margins.

Understanding your energy bills and searching the market for the best tariff when it comes to business energy can be complex and confusing, especially compared to searching for a domestic deal. We can help remove this arduous task and save your time, stress and money on your energy bills.

How can Switch Once, Switch forever help?

With the launch of our Switch Once, Switch Forever service, there is now a way to streamline the switching process. Every time your contract is up for renewal, we will make sure you are always on a great deal, without you having to lift a finger. The process requires only a few easy steps:

YOU SIGN UP

Sign up to our Switch Once, Switch Forever service and select the contract and supplier preferences you’d like us to follow.

WE SEARCH

Each time your contract is up for renewal, we compare the market against your chosen preferences to find the best deal suited to you.

YOU SAVE

We take care of all the contract admin and supplier negotiations, whilst keeping you updated throughout the entire process.

WE REPEAT

The next time your contract is up for renewal, we repeat the process to ensure you are always on a great deal.

Contact us today to opt into the free switching service at utilities@fletchbiz.co.uk or visit our website to learn more about how you can save both time and money.

Energy Contracts: Fixed Rate or Blend & Extend?

There are many types of energy contracts that your business can benefit from. But here is a look at two contracts styles that can give you either a steady or a flexible option to save money on your energy.

Standard Fixed Rate

The Standard Fixed Rate is the simplest rate and, for that reason, the most common option for businesses with a fixed rate contract. You agree to all of your total energy costs upfront, safeguarding you from unexpected price hikes in the energy sector.

These contracts are favoured by businesses that prefer long-term predictability. If you’re a business owner, you can calculate your energy budget for the duration of your contract, allowing you to focus on other areas of your business.

Are there any limitations with a fixed contract?

Are there any limitations with a fixed contract? Yes there are.

While they provide protection against future energy price rises, they also prevent you from taking advantages of any falls in the market. This also applies to businesses that have unknowingly signed up to a Fixed Rate Contract at a high rate. This can often prove troublesome when attempting to renegotiate your terms, especially if an exit fee is included in the deal.

Blend & Extend

A blend & extend plan allows you to purchase energy at a reduced price and distribute the cost of energy over a longer period. This is great for businesses concerned with high energy rates at the time of their renewal.

Unlike a Standard Fixed Rate contract, the blend & extend plan is beneficial for clients who have secured long term contracts before energy prices have plummeted. By renegotiating your contract at the end of the financial year this way, you can improve your budget planning, reduce spending and secure and more flexible plan.

A word of warning however. Blend and extend clauses are notoriously difficult to negotiate because suppliers will often limit how many they can approve of in one financial year. In addition, the clause is only available to you if you’re in a deregulated market or if you buy energy from a third-party supplier.

New Online Course for CSCS Green Card

The Online Level 1 Health and Safety in a Construction Environment course is designed for those working on construction sites and is a requirement for those wishing to apply for a CSCS Green Card. In compliance with the CITB (Construction Industry Training Board), anyone who works on a construction site must be a CSCS Green Card Holder.

We provide this course through a market leading examination system that delivers the final assessment directly to the candidate through the internet. This is monitored using screen sharing and web am facilities, allowing you to receive a CSCS Green Card quickly and easily without the hassle of visiting an exam centre.

The courses will be available on June 1st and is one of our premium courses that will be offered at just £99.99. Please call us on 01327 366 900 or email info@fletchbiz if you require more information and want to find out more about the process.

Purchase a Samsung Galaxy S20+ or S20 Ultra and claim a FREE Samsung Galaxy Watch Active

Purchase a new Samsung Galaxy S20 Plus or S20 Ultra before 26th May 2020 and claim a Samsung Galaxy Watch Active for free. You can choose between two of Samsung’s new flagship phones with smooth displays and 5G support and get an extra device built to enhance wellbeing and fitness.

The Samsung Galaxy Watch Active helps optimize workouts and monitors your progress by tracking up to 40 exercises. So you can track your progress while keeping in shape during lockdown.

Contact us on 01327 366 900 or info@fletchbiz.co.uk for more information on this exclusive deal!