Should I renew or switch business gas suppliers?
You can switch to a new business gas provider if:
- Your contract ends: Your business gas supplier will normally contact you when your energy switching window opens. It is usually 90 days before the end of your contract. The switching window is the earliest point that you can start comparing new prices and arranging a new business gas deal.
- You’re on a default contract: This usually occurs when you take over a new property or have been moved on to a default or ‘deemed’ contract after a fixed-term contract ends.
It can take around three to six weeks to switch to a new business gas supplier.
Unlike domestic gas, many business gas contracts don’t offer a cooling-off period. This is a period of 14 days in which you can decide to cancel a service and get your money back. So it’s important to understand the terms and conditions of your tariff before signing up.
The exception to this are micro businesses, which have their own set of rules that includes a 14-day cooling-off period. As defined by Ofgem, to qualify your business will need to have fewer than 10 employees, and an annual turnover or balance sheet of less than €2 million. It will also need to use no more than 100,000 kWh of electricity and 293,000 kWh of gas a year.
If anything is unclear about your business gas contract, get in touch with the supplier to clarify the details.
Why switch business gas?
Switching to a new business gas deal or provider could help you save money on business running costs. That is why it is so important to compare suppliers, and select the best option for your business.
Cost isn’t the only reason to switch business gas suppliers, however. Better service, better contract terms, and greener energy are all things to potentially consider when weighing up whether to change providers.
How to switch business gas suppliers
There are five steps you should follow when looking to switch business gas suppliers:
- Find the name of your current business gas provider.
- Check your contract to find out when you can switch suppliers.
- Get the details of your business gas contract, including yearly usage.
- Compare business gas providers to find the best deal for your organisation.
- Finalise your new business gas contract.
What information do I need to switch business gas?
You’ll need the following details to hand when looking for a new business gas contract:
- your supply type
- your energy usage in kWh or annual expenditure
- the date when your contract ends
These will usually be in your most recent business energy bill. If you can’t find a bill, it is possible to use estimates – but your quotes might not be as accurate.
You can use these details to compare quotes from different suppliers. Most suppliers let you sign up for a business gas deal online. You will also need to provide details about your business, such as its name and business type.
Can I switch to a green business gas supplier?
While there are fewer renewable options for gas when compared to electricity, there are a number of providers claiming to supply ‘green’ business gas. Often this will be a combination of renewable biogas (around 10%), and carbon-offsetting to help ‘neutralise’ the remaining gas generated by other means. It is possible, however, to find providers offering 100% green gas.
You should look out for mention of a Renewable Gas Guarantees of Origin (RGGOs) certificate to confirm the status of the supplier’s ‘green’ gas.