Switch business energy

Save up to 45% on business energy with a simple switch

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How to switch business energy suppliers

Our business energy experts specialise in helping small businesses find better energy deals and assisting them with switching to a new supplier.

Switching business energy suppliers can seem daunting, but our experts have outlined the key steps to guide you through the process.

💡 If you choose to use our business energy comparison service, our experts will handle the switching process from start to finish, resolving any issues that may arise.

Choice

Step 1. Choose your new supplier

Choosing your new supplier is the first step in the switching process. Here’s how we recommend making your decision:

  • Price comparison – Use a commercial electricity or business gas comparison service to find the cheapest tariff available.
  • Tariffs on offer – Check that your new supplier offers tariffs that suit your business needs. Consider contract length and renewable energy options.
  • Customer service – Review the latest rankings on our best business energy supplier and best business gas supplier pages.
Deemed

Step 2: Collect the information you need

All the information required to switch to a new business energy supplier can be found on a recent bill. Here’s what you’ll need:

  • The address and postcode of your commercial property
  • The energy supply you need (electricity or gas)
  • Your MPAN or MPRN
  • Name of your current supplier and tariff
  • Your annual business energy consumption
  • Details to set up a direct debit (bank account number, sort code, authorised signatory)
Select a date

Step 3: Choose a switch date

Choosing the correct switch date is crucial when switching business energy suppliers. If you are currently in the contract, your current supplier may block your switch or charge expensive early exit fees.

  • If you are currently in contract – Choose a switch date for the day after your current contract ends. This can be done up to a year in advance.
  • If you are out of contract – Choose an ‘as soon as possible’ switch date. Your new supplier will process the switch as quickly as possible, but it is likely to be two or three weeks.
Sign contract

Step 4: Sign your contract

Your chosen supplier will provide you with an electronic business energy contract and direct debit authorisation form to sign.

If you’ve used a business energy broker to arrange your switch, you must also sign a LOA to authorise them to submit and manage your contract.

Wait

Step 5: Await for contract acceptance

Your new supplier will process your application and will be in touch with you to confirm acceptance.

Your new supplier’s customer service team will be in touch if there are any issues as part of their onboarding process.

switch

Step 6: Confirmation of your switch date

Your chosen supplier will contact your old supplier to arrange your switch. This is a standard industry process managed by the regulator Ofgem.

Once the switch has been arranged, your chosen supplier will contact you to confirm your switch date.

meter reading

Step 7 - Take a meter reading on your switch date

We highly recommend taking a manual meter reading on your confirmed switch date.

If you have a smart business energy meter, your chosen supplier may be able to do this automatically, but it’s worth having a backup, just in case.

Payment methods

Step 8 - Settling your old account

Once the switch has been completed, your old supplier will send you a final bill for energy consumed up to the switch date.

Your old supplier will attempt to take payment through your direct debit if this is how you usually pay.

If your account is in credit, this will be refunded within 14 days of your final bill.

best price

Step 9 - Start benefiting from cheaper rates

From your confirmed switch date, the electricity or gas your business consumes will be paid for at your new agreed rate.

This means you’ll be benefiting from cheaper business electricity prices agreed with your new supplier.

Switch business energy suppliers today

Switch business energy suppliers with our hassle-free service

Just enter your business postcode…

How much could you save?

Start saving now

If you have multiple properties, please put post code of your head office.
  • Compare a range of business energy quotes
  • Trusted business energy suppliers
  • Free advice from our energy experts

When’s the best time to switch business energy suppliers?

The business energy market is not governed by the energy price cap that limits out-of-contract prices for Britain’s households.

As a result, default business energy tariffs can be extremely expensive. Some suppliers charge twice as much on their default variable tariffs compared to the fixed tariffs they offer new customers.

Small business energy customers can secure the best rates by regularly switching suppliers to avoid default variable rates. The ideal time to switch is during the final year of your fixed tariff, with the switch scheduled to take effect as soon as your current tariff expires.

Is there a fee for switching business energy suppliers?

No, switching business energy suppliers is completely free as long as your business is out of contract or you have signed up to switch immediately following your current contract end date.

Our commercial gas and business electricity comparison service, which includes managing the switching process, is also entirely free.

Tips for switching business energy supplier

Our business energy experts strive to make the switching process as painless as possible. Here we present our three top tips to help avoid issues with your business energy switch.

Advanced payment

Make sure you are up to date with bills

Business energy suppliers will prevent your company from switching to a competitor if you have overdue business electricity bills.

Log in to your online account to check that your business is up to date before commencing the switching process.

Contract changes

Check your contract status

Most fixed business energy tariffs have an early exit fee clause if you switch energy suppliers before your end date. Review a recent business gas bill or electricity bill to check your current tariff.

If you are currently in contract, your supplier will raise a business energy objection to prevent your switch from proceeding.

review

Carefully review your contract

Business energy contracts are not protected by a 14-day cooling-off period.

If your business signs up for a new tariff, you’ll be contractually bound by its prices. Make sure you carefully review all the terms and conditions of your new tariff before signing.