There comes a time in the life of a business when the need to switch energy suppliers becomes imminent. This need can be inspired by a necessity to lower operational costs or looking for a reliable supplier whom you can always count on. If you are planning to switch energy supplier, however, this process is easy. You have two main options to choose from when it comes to choosing energy supplies. You can switch either only gas or electricity or both.
Getting Quotes
The first step you should tale when making a switch is to get quotes from a couple of energy
supplies. It is, however, easier to use online comparison tools to have a better idea of what different suppliers have to offer. Explore separate tariffs and choose what seems to work for you. The next step to follow when compare business electricity should be to select an option that appears favorable to you.
To get a better idea of what you need, look at the tariff that you are currently using and who your current supplier is. These details can be obtained from your online account number. Another essential detail worth looking at is the exit fee of your current tariff.
Initiating the Switch
After getting a tariff that seems favorable to you, what is next? The next thing anyone should do is to initiate the switch. Most suppliers have a cooling off period, which is usually a waiting period before the new supplier implements the changes. This means that you might be ready to wait for close to two weeks before hearing anything from them.
As you finish off, you need a bill from your old energy supplier; make sure you everything is settled especially if you were on credit.
Best Time to Make the Switch
The key to making a suitable switch is to get the timing right. Yes, the move might be inspired by the need to reduce your operational costs or the prospects of working with a reliable partner, but getting the timing right is vital. The best times to switch energy supplier is when you suspect that your provider is about to increase tariff prices, before winter, when relocating, or just before your current deal comes to an end.
Notably, there are times when it is not advisable to make the switch. Mostly, you need to consider the viability of the move. If the change is bound to attract significant exit fees or the penalties are more substantial than potential savings, wait a bit longer.