Generally, all the small and medium businesses are facing the problem higher fuel bills. Therefore, they are always searching ways of reducing their gas and electricity bills. Most small and medium industries in UK are generally getting their electricity supply from six large suppliers. But, these electricity suppliers are taking their customers for a ride.
It has been found that over 20% customers have never switched their electricity suppliers which they could do after deregulation came into effect. They did not do it because they did not have proper information for making such a switch.
After deregulation of electric supply, it was thought that the price of electricity will go down because of competition. But, no such thing happened. These suppliers have been able to raise their price by making long time contract with their customer at a fixed rate. These contracts are automatically getting extended for months or even years unless these customers took some timely action. If the business fails to provide notice within a fixed period, supplier has the right to increase their price in spite of the fact the wholesale price of electricity has gone down. As a result, those customers who signed their contracts at the beginning of 2006 for long term supply are now paying double or even triple the present day market price.
Therefore, the best solution for these businesses to reduce their business electricity bill is by switching their supplier and reducing their bill.
Similar situation prevails for business gas supply also. As per the report of the independent organization Energywatch, at the end of 2006 around 10 million customers had never switched their suppliers and thus they lost ?1 billion which they could have saved otherwise.
Nowadays, it is very easy to switch your gas and electricity suppliers, because some companies are available on the internet to help you get a cheaper supply of gas and electricity. We at Online Energy are at your side to help. We are in business since 1993 as online power brokers so that you are to able get cheap supply of . We are ever ready to help you. We would request to contact us at www.onlineenergy.co.uk. We are always eager to help you.
It is well known that commercial gas prices have risen sharply over the last few years. Market analysts expect this trend to continue in the future. To shield from the escalating gas price, we at Online Energy can arrange fixed price contracts for one to five years duration. For larger consumers, we may even be able to arrange for innovative contract which will provide for reduced gas prices in the unlikely situation of lower gas price. Similar arrangements could be made for electric supply too. You are requested to contact us at our Email address for all business power and gas needs. We would be too pleased to help you.