Finding the best energy supplier for small businesses

Article posted

28th Nov 2023

Read time

3-6 min read

Author

Mollie Pinnington

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In the ever-evolving landscape of energy providers, small businesses often face the daunting task of selecting the most suitable and cost-effective supplier to power their operations. With a myriad of options available, each offering varying tariffs, contract terms, and customer service packages, the decision-making process can be overwhelming.

To simplify this process, it's crucial to identify the factors that matter most to your business. Consider your energy consumption patterns, budget constraints, and environmental priorities. Do you operate during peak hours or rely heavily on machinery that demands high energy usage? Are you committed to reducing your carbon footprint and sourcing renewable energy?

Assessing Your Small Business Energy Needs

Before embarking on your supplier search, it's essential to understand your business's energy consumption patterns. This involves gathering your past energy bills to analyze usage trends and identify peak periods. Additionally, consider your future growth plans and any anticipated changes in energy demand.

Once you have a clear understanding of your consumption patterns, you can narrow down your supplier options based on their expertise in catering to businesses with similar energy needs. This will ensure you receive tailored solutions that align with your specific requirements.

 

Budget Considerations

 

Finding the Most Cost-Effective Solution

Energy costs can significantly impact your business's bottom line, making it crucial to find a supplier that offers competitive rates and flexible contract terms. Compare various tariffs, including fixed-price and variable-rate options, to determine which best aligns with your budget and risk tolerance.

Don't overlook the potential savings associated with green energy tariffs. While these tariffs may initially appear more expensive, the long-term cost savings and environmental benefits can make them a worthwhile investment.

 

Prioritizing Environmental Sustainability

As environmental consciousness grows among consumers and businesses, the demand for renewable energy sources is on the rise. Many energy suppliers now offer tariffs that exclusively source electricity from renewable sources, such as solar, wind, and hydro power.

By choosing a green energy tariff, your business can demonstrate its commitment to sustainability and reduce its environmental impact. This can enhance your brand reputation and attract environmentally conscious customers.

 

Evaluating Customer Service and Additional Perks

Beyond competitive rates and environmental initiatives, consider the customer service provided by each supplier. Responsive and knowledgeable customer support is essential for addressing billing issues, resolving technical glitches, and providing guidance on energy optimization strategies.

Some suppliers offer additional perks, such as online energy management tools, smart meter installation, and energy-efficiency rebates, which can further enhance your business's energy efficiency and reduce costs.

 

Top Energy Suppliers for Small Businesses

Based on factors such as competitive rates, customer service, and environmental commitment, here are some of the top energy suppliers for small businesses:

  • OVO Energy: OVO Energy offers a range of flexible tariffs, including fixed-price and variable-rate options, catering to diverse business needs.
  • EDF Energy: EDF Energy provides a comprehensive suite of energy solutions, including renewable energy tariffs, smart meter installation, and energy efficiency audits.
  • SSE Energy: SSE Energy provides a range of tariffs tailored to the specific needs of small businesses, including those with high energy consumption patterns.

Remember, the best energy supplier for your small business will depend on your unique circumstances and priorities. Carefully evaluate your energy needs, budget, environmental goals, and customer service requirements to make an informed decision that aligns with your business's long-term success.

If you're looking to save money on your energy bills then why not get in touch today? The relationships Resolve Energy has developed with over 24 of the UK’s biggest business energy suppliers allows our energy experts to source the best business energy rates available for your company right when you need them. Request a free quote today and start saving money on your energy.

Looking to pay less on your energy bills?

Get a free quote today