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British Gas Business Electricity
The UK’s biggest energy supplier, British Gas (www.britishgasbusiness.co.uk) is offering savings of up to 15% on business gas and electricity rates, adding to the popularity that has already brought it 925,000 business customers and the Crystal Mark accreditation for its “jargon free” contracts.
As well as getting one of the most trusted names in energy, customers who switch to British Gas Business Electricity will get some of the cheapest electricity on the market.
As well as the great savings to be had, all British Gas Business customers benefit from a personalised service, with their own dedicated account manager just a phone call away.
Its popular Fixed Term, Fixed Price contracts offer a set price for a set length of time, so you can have peace of mind that your energy costs won’t suddenly be hiked up. You’ll also have access to free energy efficiency advice, helping you to save even more money by cutting down your energy consumption and helping the planet at the same time.
You have the option to pay by either Direct Debit or BACs, but paying by Direct Debit means that you’ll never miss a payment and you’ll also be able to take advantage of even more savings.
Finally, all contracts - including gas - are portable, so you won’t incur any hidden costs if you decide to move premises, and all can be managed online.
How do I switch?
Switching to British Gas Business is easy - just fill in a simple form to get your quote and apply online, and British Gas will take care of all the paperwork and make sure that your switch goes as smoothly as possible.
It usually takes between six and eight weeks for your switch to go through, but customers should check that they’re not currently tied to a different supplier as business energy contracts differ from domestic contracts, usually lasting between two and five years.
What tariffs are available?
A number of different contracts are available for British Gas Business Electricity:
Fixed term: These contracts are set for a fixed period of time, ranging from three months to seven years
Evergreen contracts: These regularly renewing contracts refresh after a set period, at which point you have the choice of allowing the contract to continue for a new contracted supply period or give notice that you’re leaving
Fixed price or Indexation: A fixed price contract sets your electricity costs for the duration of the contract, while an indexation contract ties costs to the wholesale electricity market. This poses a higher risk if wholesale costs rise, but because of this it’s often cheaper than a fixed price contract
Half-hourly: A half-hourly metered account for customers using more than 100kw
Non half-hourly: A non half-hourly metered account for customers using less than 100kw
Renewable source electricity: Getting your electricity from a renewable source is not only great for the environment, it will also mean that you’ll be exempt from Climate Change Levy charges
Is this the right package for me?
British Gas Business promises savings of up to 15%. However, you need to make sure that you do an online quote first to find out just how much you’ll really be saving.
Things to look out for
You should always read the small print before signing any contract, but do make sure that you know exactly how long your contract will run for, and whether or not you have to comply with a set notice period before switching away to another provider.
Also find out if you’ll have to pay an exit fee if you want to leave before your contract is fully expired, and how much this will be.