Small Businesses Burning Money On Energy Bills

Wide range of tariffs for gas and electricity lead to raw deal for business customers.

By News Desk
3rd December 2007 at 14:43

small business utility tariffs Unlike consumer electricity and gas contracts, small businesses are suffering as a result of utility companies tying them in and offering them only small windows of opportunity to switch, according to price comparison site makeitcheaper.com.

The range of tariffs recorded over the last few months has also varied dramatically.  Gas (in pence per kilowatt hour) was recorded at a low of 1.8p in some cases and a high of 4.5p in others.  Differences in electricity prices were even more extreme with a low recorded of 5.5p and a high of 18.8p.

Some of the least competitive tariffs are made worse still for smaller users by standing charges as high as £1.74 per day (£635 a year) being imposed when the norm is around 30 pence per day.

Plenty of scope then for businesses to shop around and negotiate a better deal.

As the director of Ofgem, Philip Davies, said recently:

Some businesses are getting a good deal and others are not. Being a passive customer means that, as the years go by, you are much less likely to get a better deal than an active customer.

Commenting Is Easy

Do you have an opinion on this news item? Have something to add that others might find helpful? Then please leave a comment in the box below.

If you'd like to have your image included next to your comments here, then you can set yourself up with an avatar in just a couple of clicks.

  1. Nick says:

    Small businesses could save so much money on their electricity by being more aware of energy saving ‘rituals’

  2. SmallBizPod says:

    Hi Nick, what do you mean by rituals?

Leave a comment

Related Posts

Photostream

Listen to the sales podcast for SMEs Subscribe to the podcast on iTunes

BUSINESS PODCASTS

Click on one of the play buttons to listen to inspirational interviews with entrepreneurs from SmallBizPod.

SmallBizPod #99 - interview with Tanya Wheway, chairman of Wheway Lifestyle International

SmallBizPod #99 - interview with Tanya Wheway, chairman of Wheway Lifestyle International

PostedDetails | PostediTunes
play small business podcast now
SmallBizPod #61 - Levi Roots Podcast

SmallBizPod #61 - Levi Roots Podcast

PostedDetails | PostediTunes
play small business podcast now
SmallBizPod #48 - Young entrepreneur podcast

SmallBizPod #48 - Young entrepreneur podcast

PostedDetails | PostediTunes
play small business podcast now
SmallBizPod #97 - John Griffin of Addison Lee

SmallBizPod #97 - John Griffin of Addison Lee

PostedDetails | PostediTunes
play small business podcast now
SmallBizPod #45 - venture funding for female entrepreneurs

SmallBizPod #45 - venture funding for female entrepreneurs

PostedDetails | PostediTunes
play small business podcast now
SmallBizPod #74 - digital startups on Digital Mission to NYC

SmallBizPod #74 - digital startups on Digital Mission to NYC

PostedDetails | PostediTunes
play small business podcast now

PARTNER PROMOTIONS

If looking to boost your businesses performance with promotional marketing, travel incentives or incentive schemes get it touch with NDL Group