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Helping UK businesses find cheaper deals on their business energy bills

If you’re the bill payer at work, you’ll know how much more business energy is compared to domestic.

With lights, heating, air conditioning, computers and printers being used around the clock, it’s vital you find a deal that helps cut costs.

At Love Energy Savings, we’ve built strong partnerships with trusted business energy suppliers, giving you instant access to incredible energy deals.

Since 2007, we’ve helped hundreds of thousands of customers enjoy big savings on their business energy bills by helping them switch to cheaper tariffs on gas and electricity. It’s one of the reasons why we have become one of the leading business energy comparison services in the UK.

So, whether you run a start-up enterprise, a small to medium-sized business or a large multinational corporation, you can start saving money on your business energy bills by switching to a cheaper deal today with Love Energy Savings.

Why compare business energy with Love Energy Savings?

If there’s one thing we’re passionate about here at Love Energy Savings, it’s helping our customers save money.

Our goal is to take the hassle out of switching your business energy supplier, allowing you to focus on running your business.

By comparing business energy with Love Energy Savings, you can quickly access the best prices on the market from the widest possible range of suppliers.

Once you’ve chosen the right energy deal for your business, you will even have a dedicated account manager to support you throughout the switching process.

Here are some of the reasons why we’ve become the first choice for businesses looking to switch…

  • We’ve helped over 303,161 customers switch1
  • We’ve helped customers save over £92 million1
  • On average, a typical customer saving is over £8752
  • We handle all negotiations with suppliers on your behalf
  • All business customers have a dedicated Account Manager
  • Existing customers have access to exclusive offers

1 303,162 customers switched and £92.5 million saved as of July 2020
2 Since inception, Love Energy Savings has saved customers on average £875 on each switch. This data was collected on 30.06.2020.
The average SME electricity bill is £2,400pa (consumption below 50,000kWh).

Switching your business energy supplier has never been easier!

  • Get quotes in seconds - Simply enter your postcode and energy habits for a bespoke comparison of incredible gas and electricity deals in your area. Click here to get started.

  • It’s easy - Our advanced comparison engine does all the hard work for you and calculates your results for an easy, reliable and reassuring market comparison.

  • It’s stress-free - Simply choose the right deal for you and confirm your switch – we’ll notify your suppliers and handle the switching process to make it as simple as possible for you.

  • Excellent customer experience - We’ll keep you up-to-date throughout the switching process and you can track the progress with ‘Track My Switch’.

  • Fully managed accounts - You’ll be appointed a dedicated Account Manager who will look after everything; from switch to renewal.

  • Enjoy great savings - With Love Energy Savings you’ll never overpay for your business energy ever again!

See how much you could save on your energy bills...

Why you should switch your commercial energy supplier

If you haven’t switched your business energy supplier for a few years, or if you’ve never switched at all, you are likely to have been ‘rolled over’ to a more expensive tariff. This will often leave you significantly overpaying for your business gas and business electricity.

By comparing business energy prices with Love Energy Savings, you can find the best energy tariffs available to suit the needs of your business. We use our technology and our expertise to help you switch the best business energy tariff quickly and easily.

Our top tip

Don’t assume that you must switch suppliers to get a great deal! Over 55% of Love Energy Savings customers stay with the same supplier and still save money.

How to switch to a cheaper business energy deal

Here at Love Energy Savings, we know how busy you are, so we’ve made it as simple and hassle free as possible to compare business energy prices.

Follow our simple 3 step guide to find a better deal today…

See how much you could save on your energy bills...

Business energy suppliers and tariffs explained

Choosing the right business energy supplier and tariff will depend on the needs of your business.

At Love Energy Savings, we’ve worked with businesses of all sizes to help them find the best business energy comparison for their specific requirements.

With our wide range of suppliers and tariffs, you can be confident that you can find the right business energy deal for you without the need to invest time in shopping around.

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What is a fixed-rate business energy tariff?

A fixed-rate business energy tariff means that you will pay a fixed price on the amount of energy used (per kWh unit).

This tariff is incredibly popular with businesses as you enjoy consistent billing every month and it provides protection against energy price increases if the market fluctuates. For more information, take a look at our helpful guide, The Complete Guide to Fixed Price Energy Tariffs.

How are business energy plans calculated?

There are a number of factors that are taken into consideration when calculating business energy plans, these include:

  • Your location
  • The size of your premises
  • Your current energy supplier
  • Your current spend on business energy
  • Your current consumption of kWh units and current standing charges
  • Your meter type (standard, economy 7, maximum demand or half hourly)

When you request a business energy quote, all of these factors will be taken into consideration. Based on this information, you will be provided with a selection of energy comparisons that will give you specific information on:

  • Day unit rate (kWh)
  • Night unit rate
  • Standing charges
  • Fixed term period (if applicable)
  • Estimated annual bill
  • Estimated monthly bill

Why fixed energy plans can help you save money

Gas and electricity is imported into the UK from other countries, so business energy prices can fluctuate depending on market trends.

By securing a fixed price on what you pay for business energy, you will not have to pay any more for the gas or electricity you use if prices increase, which could save you a great deal of money in the long run.

When you compare business energy prices, make sure you look at how long prices are fixed for before you switch. In some cases business energy suppliers could fix their energy plans for up to 5 years.

“Great Service. Sam was really helpful in taking me through the charges on our bills and where we could save money. She identified that we were being incorrectly charged VAT on our bills. She was really efficient and a pleasure to speak to”
C Folley, Trustpilot review

Business energy FAQs

  • What information do I need if I want to switch business energy?

    You will need to make sure you’re choosing the best deal for your business when switching your business energy supplier. To accurately compare quotes, you will need the following details which you’ll find on your energy bill:

    • Your supplier name
    • Your monthly payment amount
    • Current energy consumption and unit rate (kWh)
    • Your MPAN number, also known as supplier number

    With this information, you will be able to compare new quotes against your current rate. When you find the right deal for you, you can switch your business energy.

  • What should I do if I’m moving business premises?

    If you’re moving business premises, there are a number of things you need to do:

    • Contact your energy provider and tell them when you’ll be leaving the premises
    • Provide a final meter reading and keep a copy for your records
    • Leave Direct Debits in place until your contract has been fully terminated.

    When you get to your new business premises it’s essential you set up a new energy contract as soon as possible to prevent you from being overcharged for your business energy:

    • Take meter readings as soon as you move in
    • Compare energy prices as soon as possible
    • Choose a new supplier and give them your meter readings and confirm the date you moved in
  • Can charities and not-for-profit organisations get discounts on business energy?

    Charities and not-for-profit organisations may not receive energy discounts, but they can get reductions on VAT (from 20% to 5%) and be exempt from the Climate Change Levy, which could help reduce energy bills overall. Discounts are not automatically applied, so make sure you speak to one of our experts about getting these discounts applied to your energy bills.

    Read our helpful article Is Your Charity Making The Most of VAT Reduction on Its Energy Bills? for more information.

  • How do I switch business utilities?

    Switching business utilities is very easy. Simply start by comparing utility prices, when you have found the right deal for your business, click ‘switch now’ to complete your switch online.

    At Love Energy Savings, we’ll handle negotiations between suppliers too, making the whole process as stress-free as possible.

  • How long will it take to switch?

    Once you’ve found your new, cheaper tariff, it takes between 4 and 6 weeks to complete the switch from one supplier to another. We will manage this process for you, so you don’t have to. The transfer is seamless; your energy will not be cut off as a result of switching. We’ll keep you up-to-date if there are any transfer issues. If you have any queries before or after the switch, please don’t hesitate to contact your personal Account Manager on: 01204 372 746.

  • Will my business be disrupted when I switch?

    There won’t be any disruptions to your supply, so it will be business as usual! We’ll liaise with your existing supplier and negotiate the entire process for you. We’ll let you know when your switch has been completed.

  • How much could I save by switching my energy provider?

    How much you can save is dependent on how much energy you use. But, on average, businesses with an electricity bill of £2,400pa (consumption below 50,000kWh), can expect to save up to £943 when they switch.

  • What is a deemed contract?
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    A deemed contract will usually be in place for both gas and electricity if you move into new premises.

    You may also be moved to a deemed contract if your existing contract has come to end but you continue to consume energy.

    The cost of a deemed contract is on average 80% more than rates charged in a negotiated contract. If you are on a deemed contract, you could make significant savings by comparing business energy tariffs.