Introduction to: Electricity
All businesses need electricity to function and this can take a sizeable chunk out of your outgoings. When switching your business electricity supplier, it is crucial that you secure the best possible deal to keep your business powered and profitable. Fletcher’s Business Solutions can take care of switching, saving you time and giving you value for money. You can access our portal and get a quote that helps you power your business at a low cost.
Step 1: Just send us a bill
Using our innovative technology, we will search the market on your behalf to find a tariff that best suits your business.
Step 2: Choose a tariff
We will send over a selection of the best available rates and help you choose the right tariff and contract length.
Step 3: Leave the rest to us
Our energy experts will take care of everything, from supplier negotiations to managing your energy contracts.
Gas and electric quotes are available in less than 5 days.
We only work with the most trusted and reliable suppliers and have carefully selected the very best to work with. By working with a wide range of suppliers, alongside our advanced software solutions, we can access the best pricing available across the energy market instead of manually comparing quotes from each supplier.
How energy tariffs work
A fixed rate tariff sets the cost of energy for a certain amount of time, typically one year or more, whilst also offering a lot of choice as most energy suppliers offer a fixed rate plan. This means you should be able to choose between the longest fix, the cheapest monthly cost, or find a plan without an early exit fee.
Variable tariffs can go up or down according to the market, which tend to be more flexible and you can normally get out of a variable rate contract without incurring any fees.
Deemed rate contract
This is more commonly known as an out of contract tariff. This tariff is designed for customers with no formally agreed contract.
This is a rolling 28 day contract where the unit rates that a customer is charged can increase and decrease.
If you haven’t arranged a new deal when your contract comes to an end, your supplier will put you on a rollover contract. Your contract will rollover to another year and you will typically be placed on the company’s most expensive plan.
What should you do as a business?
It is always advisable to compare rates to see what your next energy contract will look like if you switch before prices rise further. It also provides you with some budget certainty and to plan for the next few years of your business.
We work with a wide range of suppliers and have over £250 million of energy spend under management, so take advantage of our free energy review before energy prices rise even further!
Contact us today to see how one of our energy experts can help your business.
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