One of the biggest expenses a small business has to face is electricity supply bill. With the rise in prices, some SMEs have found themselves in serious difficulties when it comes to dealing with this monthly consumption. Therefore, today, knowing what are the electricity rates for companies offered by the different marketers, can save you a lot of money.
Why advise you on electricity rates for companies
When informing you about the different professional electricity rates it is best to avoid corporatist or highly commercial messages. Having an independent platform where you can see the advantages and disadvantages of each one, in a transparent and disinterested way, is the best option for you. It is also important that you know some basic concepts, such as the differences between the free market and the regulated market.
The free market is not subject to cost fluctuations and you are assigned a stable price for each kWh you consume. On the other hand, the regulated market is more unstable, in the sense that the price of the kWh changes according to the hour and the day. All of this depends on the balance between the supply and demand of the retailer and the energy company. Therefore, in this market there is not as much offer of rates as in the free one.
Knowing this, the first step to take if you have an SME is to know which market interests you the most, then to know the rates. Pay attention to these tips:
- Analyze what are the most productive hours of your business. This is the main question you have to ask yourself when opting for a specific market. Remember that the regulated is governed by hourly sections, therefore, their prices are very competitive at certain times, but high at others. For example, it is cheaper on weekends. If you have an office that is closed on Saturdays and Sundays, it doesn’t make much sense to opt for this.
- Typically, most businesses will be more interested in the regulated market. At this point you should know the offers of the companies well.
- The offers and promotions are usually very interesting and can make the difference between choosing one or the other. For example, there are companies that give you a significant discount if you contract several services with them (gas and electricity).
- The price per kWh is undoubtedly the first thing that will catch your attention among the different rates. Take a good look at the fine print. As you know, the electricity bill is not only made up of this amount, but is also subject to multiple charges. Find out which ones you will have to bear, if the usual ones or some more for paying the kWh too cheap.
- Power and gasoline. Some companies are becoming more diversified in terms of the energy sources they offer and this can be very beneficial. For example, Repsol not only sells gasoline but also electricity, and its customers can get lucrative deals at a time when both energies are through the roof. If you have a transport company, this type of packs will interest you a lot.
- Customer service. There is nothing worse than having a problem with a supply and that your supplier does not pick up the phone or does not solve it for you. It is true that you do not know the quality of this service until you try it, so let yourself be guided by comments and reviews on the Internet. There are energy companies that really do very well with post-sale service and you may want to pay a little more but feel more secure and supported.
In short, when choosing an electricity rate for a business, there are many aspects to take into account for the service to be beneficial. choosen is a new platform where you can get advice on companies and electricity and gas rates to have the best information, before making a decision about which company to hire. What are you waiting for to take a look?
