Compare business energy prices and switch suppliers with Bionic

With more than 50 providers currently serving businesses of all sizes right across the UK, finding the best energy supplier for your business can be a thankless task – not least because you’ll need to get in touch with each one individually to find the best rates. Twice, if you need quotes for both business gas and business electricity.

And while getting the cheapest business energy rates will probably be your number one priority, price should never be your only consideration - it’s also important to choose a provider who can meet the specific needs of your business.

But that’s not to say you should necessarily stick with your current supplier, even if you’re happy with their service, as many suppliers will save their best rates to entice new customers. This means that loyal customers can get short-changed.

And if you let your current energy deal end without agreeing a new one, you’ll be stung by even more expensive out of contract rates.

That’s where Bionic’s tech-enabled experts can help.

Whether you’re looking to switch to a new supplier or arrange a more competitive contract with your existing one, we can use our smart technology and human expertise to negotiate the best deal for your business.

At Bionic, we've been helping businesses of all sizes find the best business energy deals for well over a decade now. We work closely with our panel of trusted energy suppliers to find the best deals for your business and have a range of providers you can choose from.

Big six energy suppliers

The big six business energy suppliers are the largest and most well-established players in the market, and include brands like Centrica (the parent group of British Gas), SSE and E.On.

Although there is a growing number of challenger brands that are closing the gap, this big six still has the biggest market share.

One reason for this is that these big brands are often seen as the safer bet when it comes to switching business energy suppliers. But, despite their lofty reputations, big isn’t always best when it comes to your energy supply.

Speak to our tech-enabled experts to find the best supplier for your business.

Independent business energy suppliers

The big six may still dominate the business energy market, but there are plenty of challenger brands offering viable alternatives for businesses of all sizes, across all industries.

If you’re skeptical about switching to smaller, independent energy supplier, our tech-enabled experts can talk you through your options to help put your mind at rest and find the most suitable supplier for your business. Remember, these challenger brands sometimes offer cheaper rates and better customer service than the bigger players.

Green energy suppliers

If you want to do your bit for the environment, switching to a green business energy supplier is a good place to start. Green suppliers offer energy from renewable sources, including wind, solar, and hydro, while also offsetting any energy provided from non-renewable sources through investment in environmental projects.

Many green energy suppliers will offer 100% renewable electricity, and a growing number are now offering ‘green gas’, including biogas from anaerobic digestion and landfill gas. Speak to our tech-enabled team to find out more.

When you switch business energy suppliers with Bionic, you can rest assured that we’re working hard behind the scenes to make sure the switch goes through smoothly. Once you’ve run a business energy comparison and chosen the deal that’s best for your business, we’ll let both your current and new energy suppliers know that you’ve decided to switch.

Your new business energy provider will then get in touch with details of when the changeover will take place, along with agreed payment methods and dates, before finalising the switch. But remember, there’s no cooling-off period when switching business energy, so it’s important to properly check all the details are correct before you sign up to a new deal.

You then need to give your old supplier a business energy meter reading on the day of the switch, so they can send you an accurate final bill, and that’s all there is to it. There’s no need for any digging or drilling at your business premises - the energy is still the same, and the gas and electricity is still supplied through the existing pipes and cables, it’s just the supplier that changes.

We take care of the hard work so you can do what you do best - running your business.

To run a compare business energy prices from our panel of trusted suppliers, just enter your postcode in the box below or give our switching team a call on 0800 691 1605

In many ways, business energy and domestic energy are essentially the same - both are generated and transported in the same way, sometimes by the same suppliers - but the way business energy deals are packaged and sold to customers is very different to domestic energy. Here are some of the main differences between the two:

• Cheaper rates - The way that contracts are set up, along with the fact that businesses often use more gas and electricity than households, means that commercial energy users benefit from cheaper rates than domestic users. But it’s not quite as simple as it sounds, as there are some extra costs you might have to factor in - business energy comes with a 20% VAT rate, compared to 5% for household energy, and include additional charges such as the Climate Change Levy (CCL).
• Longer fixed term rates - While most domestic fixed rate deals run for a year, with an option to leave early if you want (often subject to an early exit fee), commercial contracts often provide longer fixed term rates of up to two or three years, which offers more protection from seasonal and annual price hikes. If you switch when prices are low, you could make some serious savings over the term of your fixed rate deal.
• Longer switching windows - Although business energy deals don’t offer an early exit option, you can usually start comparing energy tariffs and arrange a new deal up to six months before your current one ends. The switch will then take place when your existing deal expires. If your domestic energy deal comes with an early exit fee, you can’t switch without paying an additional fee until your deal enters its last 49 days. This means commercial energy deals offer a longer energy switching window. On the downside, business energy deals don’t offer a 14-day cooling off period - one you sign up, you’re tied in. When you switch with Bionic, you can be certain your deal meets the exact needs of your business.
• No dual fuel - Commercial energy deals don’t offer a dual fuel option, which means businesses need to arrange their energy as two separate fuels - business gas and business electricity. This means you'll need to source your quotes for each fuel separately, which also means you'll have two separate contracts. Switching with Bionic means we can sort both on the same call, saving you time and money.

If your business isn’t on the right type of business energy deal, you’re overpaying for gas and electricity. It’s that simple.

If you’ve never compared business energy deals and switched before, your supplier will have placed you on its more expensive ‘out of contract rates’, which can be twice as much as contracted rates.

When you switch with Bionic, we compare the following type of energy tariffs to make sure your business is on the best possible deal:

• Fixed rate
• Variable
• Blend and extend
• Flex approach
• Pass through
• No standing charge
• Multi rate
• Green energy

For more information, check out our guide - Why compare business energy tariffs?