Running a small business comes with a long list of expenses—rent, payroll, equipment, marketing, and more. One of the most significant, yet often overlooked, costs is energy. Whether you’re operating a local café, managing a small warehouse, or running a remote office, electricity and gas bills can quickly add up. That’s why finding cheaper business energy plans can make a real difference to your bottom line.
At Comparison Junction, we believe in helping small business owners find energy deals that suit their needs and budgets. Let’s dive into how you can compare plans, save money, and make smarter energy choices for your business.
Why Small Businesses Overpay For Energy
Many small businesses are unknowingly on standard or default energy tariffs, rates that are often significantly higher than necessary. These default plans are typically assigned when a business moves into a new premise or when a fixed-term contract expires without being renewed.
Here’s why many businesses stick with expensive plans:
- Lack of time to shop around
- Confusing pricing structures from suppliers
- Unawareness of better deals
- Assumption that switching providers is a hassle
But the reality is, switching to a cheaper business energy plan is easier than you think, and the savings can be substantial.
Understanding Business Energy Tariffs
Before comparing options, it’s essential to understand the types of energy tariffs available to small businesses. These include:
Fixed Rate Tariffs
- Price per unit (kWh) is locked in for a set term, typically 1-3 years.
- Best for budgeting and protecting against price hikes.
Variable Rate Tariffs
- Prices can rise or fall based on the market.
- Offers flexibility but comes with more risk.
Green Energy Tariffs
- Sourced from renewable energy providers.
- Great for businesses with sustainability goals.
Deemed or Out-of-Contract Rates
- Often the most expensive.
- You’ll be on this if you haven’t signed a contract with a supplier.
To avoid overpaying, always ensure you’re on an active, negotiated tariff, preferably one that fits your usage pattern.
How to Find Cheaper Business Energy Plans
Finding cheaper business energy involves more than just comparing unit prices. Here’s a step-by-step guide to help you make an informed switch:
Step 1: Know Your Usage
Start by checking your latest energy bills. You’ll need to know:
- Annual kWh usage
- Peak usage times
- Current tariff and supplier
Step 2: Compare Providers
Use a comparison tool like Comparison Junction to:
- Compare rates from multiple energy suppliers
- Filter based on contract length, green energy, or business size
- See estimated savings instantly
Step 3: Get a Custom Quote
Small business energy rates are often bespoke. Once you’ve shortlisted a few providers, request a tailored quote that matches your specific usage pattern.
Step 4: Check Contract Terms
Look for:
- Exit fees
- Standing charges
- Renewal clauses
- Customer service reviews
Transparency matters, don’t be afraid to ask questions before signing anything.
Step 5: Switch and Save
Once you’ve chosen your plan, the new provider will usually handle the switch. There’s no interruption to your energy supply just lower bills.
The Benefits of Cheaper Business Energy
Switching to a cheaper energy plan offers more than just financial savings. Here’s what else you gain:
- Lower Overheads – Free up cash for investment, staffing, or marketing.
- Improved Budgeting – Fixed tariffs mean predictable bills, helping with cash flow planning.
- Sustainability Options – Choose green tariffs and promote your brand as eco-friendly.
- Time Saved – With a comparison site, you don’t need to chase dozens of suppliers.
Over time, even modest savings can add up to thousands of dollars—especially in energy-intensive businesses.
Common Myths About Switching Energy Providers
Many business owners hesitate to switch because of common myths. Let’s debunk a few:
- Switching takes too long – Most switches are completed in 3-5 business days with no downtime.
- It’s risky for my business – There’s no risk of losing energy supply. The process is regulated and seamless.
- It won’t make much difference – Many businesses save hundreds or even thousands, each year.
In today’s competitive landscape, every dollar counts. And when it comes to overheads, energy bills are a prime area for savings. By comparing plans and switching to cheaper business energy, you’re taking a smart, strategic step toward a more profitable future.
Don’t let outdated contracts or overpriced tariffs hold your business back. Use Comparison Junction to find the best deal today and keep your energy costs under control.
