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SME’s Stumped by High Energy Prices - 60% Already Switched

Written by at 11:07

SME’s don’t half get the hard end of the bargain as far as negotiating prices and cutting costs are concerned. It’s no wonder it’s difficult to comprehend growth for the SME, especially when being crushed by monstrous overheads. Through no fault of their own, lack of negotiation power has resulted in UK SME’s paying a scary average of £3.2k for their gas and £2.5k for their electricity.  

The difference when completing an impartial comparison is astounding! A prime example of this is the fact that consumers who have enquired through Love Energy Savings have made an average saving of £1772*. With figures indicating potential savings as high as that, the stigma attached to the energy market is understandable. There are various, mostly justified, reasons behind our mistrust and insecurities in making the switch.

One major discernment is the sheer amount of time it takes to find your business the best rates and as time is money for the SME this can be extremely off-putting, coupled with the fact it’s tiring and boring and in the end most still aren’t entirely satisfied with the contract they feel obligated to enter into for sometimes years on end.

Another business energy consumer fear is any service disruption that may be caused by a switch which, if handling it all yourself, can be a major problem as it can result in ceased trading which unfortunately means a stemmed cash flow. It takes so little to tip the financial scale when operating an SME that this can be a death sentence for the business that isn’t prepared when being brave and money savvy enough to attempt handling the switch themselves.

These are just a few of the potential issues that put SME’s off the savings that could be gained by switching suppliers coupled with is it worth it? And the belief it won’t make much difference anyway.

How can switching benefit my business?

Switching and utilising your supplier in the right way can be extremely beneficial to the SME, opening up a range of options that can make tracking and forecasting finances easier such as: online account management, the ability to fix your bills and a choice of varying contract lengths. These monitoring services, when used appropriately, can help you to save money to reinvest back into your business and are a great way to see what you are spending on energy and where.

Over the past few years there has been an outburst of reasonably priced green energy tariffs and suppliers. Obtaining your energy through these sources reflects a positive, socially responsible image for businesses using them. If nothing else, as well as helping the environment, it's an extra selling point to market to your customers.

Everyone likes having options but when there are so many it’s hard to narrow them down to the right one for you, especially when you’ve got a million internet windows open and have to laboriously complete the same form over and over again, so what can you do about it?

Solve the problem

Use one reliable and impartial company to compare energy rates for you. At Love Energy Savings our buyer power is at your disposal. We fight suppliers on your behalf to obtain the best available rates on the market so that you can compare 20+ energy suppliers in as little as 90 seconds using our easy, transparent online comparison engine.

We understand that you’ve got better things to be worrying about so you can trust us take care of all of the admin work for you so you’re free to spend all of your new found spare time on something more productive. It’s no wonder we have a 5 STAR Trust Pilot score.

We are so confident in our ability to give you the best rates that we offer a **GUARANTEE that we will beat your renewal quote or we will give you £1,000 cash back. Why not join the 48,000+ UK businesses that have already switched with us, collectively saving over £66million! Don’t get left behind and carry on paying more than you have to.

What do you do next?

All you need to do to get started is simply pop your postcode in the box on the right and we will present you with the details of all business energy tariffs available to you with all of the best prices that they have to offer at your fingertips.

Alternatively, if you would rather speak to one of our friendly energy experts call 0800 9888 375.

You can trust us to find you the best deal first time, so put some LOVE into your energy savings and call or visit our site today!


*£1,772 based on the average saving across all customers over the previous 12 months (2013-2014)

**T&C’s available on website

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Since we were formed in 2008, Love Energy Savings has gone on to become the most trusted business energy price comparison specialist in the UK. We’re here to save you time and money, and to share our vast knowledge of the energy market. It’s no wonder that 86% of our customers continue to use our service year after year.



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