When choosing a business gas supplier, there are several things to consider. These include: Fixed rate vs. variable rate, Green business gas, and No standing charge. Choosing the right option is crucial to ensuring you get the best deal possible for your business. In this article, we’ll examine some of the options available and how they may affect your business.
Fixed rate
When comparing business gas contracts, fixed rate contracts are often the best option. With a fixed rate, your monthly bill will stay the same regardless of how many units you consume. In contrast, with a variable rate, the price of your gas will fluctuate depending on market prices. You can switch from a variable rate to a fixed rate with just 30 days’ notice. In this way, you can avoid the fluctuations in business gas prices.
Variable rate
Variable rate business gas is an alternative to the more expensive fixed rate of gas, but there are some differences between the two. Fixed rate customers are billed at a fixed rate, while variable rate customers are charged on a variable basis. In other words, the variable rate varies depending on market prices. This means that if the price of natural gas drops, the bill will be lower. Likewise, if the market price increases, the bill will be higher. If you find this type of business gas unsuitable for your needs, you can cancel it by giving 30 days notice, or switch to a fixed rate.
Green business gas
A green business gas supply is an energy source that is produced from renewable energy. This type of gas is certified and will offset carbon emissions in your business. SSE Green Gas is one example of a green business gas provider.
No standing charge
A standing charge is a charge that is added to business energy bills every day, irrespective of how much you use. It covers the cost of providing energy and paying for things like meter reading and maintenance. It can be found on your utility bill and varies depending on the type of business energy tariff you choose.
Rollover or deemed contract
Business gas contracts are available from different suppliers and are usually for five years or more. The energy for these contracts is often cheaper than standard energy, as the suppliers purchase it in bulk. However, you will have to shop around a little to find the cheapest deal. Furthermore, there is no cooling-off period for business gas contracts, which means that once you’ve signed up, you cannot cancel it.
VAT
If you run a business and you’re looking to lower your gas and electricity costs, you might qualify for a VAT on Business Gas UK discount. This is an exemption for businesses that meet certain criteria, including 60% of their energy usage being domestic. Your supplier will have information about your eligibility on their website.
Flexible tariffs
A flexible business gas tariff is a great way for businesses to get the best possible deal on their gas bill. These contracts usually last for five years, and because the energy is bought in bulk, it will be cheaper than other plans. Although the length of the contract can be a disadvantage, it will give you time to shop around. One drawback is that there is no cooling-off period, so if you decide that you do not like the deal, you cannot cancel it.
Location
Before signing up for a business gas contract, it’s worth scouting for the best deal in your area. The best deals often depend on a variety of factors. Understanding these factors is essential when switching suppliers.
Length of contract
Whether you’re a new business or you’ve been using business gas for a while, it’s important to understand the length of business gas contracts. While there are some exceptions to this rule, it’s typically best to sign a long-term contract. This will give you a longer window to shop around and reduce the cost of your gas.
Suppliers’ customer service
When looking for a business gas supplier, the reliability and quality of customer service are critical aspects to look for. Most business gas suppliers have a dedicated client service manager to take care of all your gas needs.
